ECB Discusses Banking Supervision in Fragmented Credit Markets

The ECB, through Patrick Montagner, discusses the challenges of supervising banks' exposures to non-bank financial institutions (NBFIs) in fragmented credit markets. The contribution highlights how increased interconnections and data gaps complicate risk assessment and the need for vigilance on conduct standards when distributing private market products.

ECB Discusses Banks' Digital Risks and Operational Resilience Threats

The ECB discusses the impact of the Digital Operational Resilience Act (DORA) on banks' digital risks and operational resilience. The contribution highlights improvements in reporting, oversight of third-party dependencies, and the ongoing focus on change management risks.

ECB Supervisory Board Chair Interview on Geopolitical Risks and Banking Stability

In an interview, ECB Supervisory Board Chair Claudia Buch discussed the impact of heightened geopolitical risks on European banks and the importance of resilience. She emphasized the need for full implementation of Basel III and greater market integration to strengthen the banking sector.

FDA Advisory Committees: Transparency on Conflicts of Interest

The GAO reported that the FDA has not finalized guidance on determining financial conflicts of interest for its advisory committee members, nor does it publicly share how these decisions are made. This lack of transparency could affect the consistency and accountability of FDA decisions regarding drug and product evaluations.

GAO Report: IRS AI Use Inventory

The GAO has released a supplement detailing the IRS's use of artificial intelligence as of June 2025. The report, GAO-26-108418, supplements a previous report and lists 57 AI uses within the IRS, including for audit selection and taxpayer assistance.

Solar Geoengineering: Uncertainties and Governance Concerns

The GAO has released a report highlighting the uncertainties surrounding solar geoengineering technologies aimed at cooling the Earth. The report notes that while private companies are beginning to develop these methods, there is a lack of oversight and understanding of their environmental and public health effects, raising geopolitical and governance concerns.

GAO Report on Institutional Investor Ownership of Single-Family Rental Homes

A GAO report released on March 24, 2026, examines institutional investor ownership of single-family rental homes in six metropolitan areas between 2018 and 2024. The report found an increase in the number of investor-owned homes, though the overall percentage of single-family homes owned by institutional investors remained low, between 1-3% in 2024.

GAO Report: IRS AI Use Lacks Skills, Data Quality, and Strategic Management

A GAO report released March 24, 2026, found that the IRS faces significant risks in its use of artificial intelligence due to staffing reductions, incomplete inventory of AI applications, and a lack of strategic management. The report highlights that the IRS may not have the necessary skilled workforce or a comprehensive plan to support its growing AI initiatives.

VA Software License Management Challenges Require Further Action

The GAO has issued a statement for the Congressional Record regarding the Department of Veterans Affairs' (VA) software licensing practices. The report highlights challenges in tracking software licenses and managing restrictive licensing practices that impact cloud computing efforts, recommending further action by the VA.

WHB 2154 v. Uber Technologies - Summons Issued

The U.S. District Court for the Northern District of California has issued a summons in the case of WHB 2154 v. Uber Technologies, Inc. et al. The summons was issued on March 24, 2026, for Rasier, LLC, Rasier-CA, LLC, and Uber Technologies, Inc. The underlying complaint was filed on March 20, 2026.