09 Oct October 2025 Financial Services Outlook
We’re now nine days into the government shutdown with negotiations frozen over the expiring enhanced ACA premium tax credits, and this month’s outlook previews where things stand and what to watch as moderate Democrats weigh their position. We cover two pressing financial services implications of the shutdown — the lapse of the National Flood Insurance Program during hurricane season and the expiration of the Cybersecurity Information Sharing Act — alongside policy updates on the FY26 NDAA, ongoing digital asset market structure negotiations targeting a potential late-October Senate Banking markup, and growing momentum behind the Hagerty-Alsobrooks deposit insurance proposal. We also preview the post-shutdown agendas for the House Financial Services, House Oversight, Senate Banking, and Senate Finance Committees, the latest on Federal Reserve, Treasury, FDIC, and CFTC nominations, and significant regulatory activity from the CFPB, FDIC, Federal Reserve, FHFA, FinCEN, HUD, OCC, SEC, and Treasury — including the SEC’s pre-shutdown actions on RMBS, crypto custody, DePIN tokens, and SEC-CFTC coordination. Download the full report below for RFA’s complete take on the work period ahead.
Download the full report below for RFA’s complete take.
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