On June 12, 2024, NYLIB submitted a letter to President Joseph Biden recommending that the President immediately nominate a new FDIC Chairman and that FDIC Chairman Gruenberg immediately resign. Please read the full letter below.
On December 10, 2025, NYLIB submitted a letter to Congress in support of deposit insurance reform. The letter expresses support for the Community Bank Deposit Access Act of 2025 (H.R. 5317), the Keeping Deposits Local Act (H.R. 3234), and the Main Street Depositor Protection Act (S. 2999).
On December 4, 2025, NYLIB submitted a letter to the New York City Council regarding the potential for the Community Opportunity to Purchase Act (COPA) to decrease access to housing and increase housing costs in New York City.
On September 26, 2025, NYLIB submitted a comment letter to the FDIC in support of its proposal to raise the Part 363 FDICIA thresholds to account for historical inflation and to index those thresholds to inflation going forward.
