The Department of Financial Regulation told the Senate Finance committee that Blue Cross experienced major underwriting and Medicare Advantage losses, prompting DFR actions to protect solvency. DFR recommended more regulatory tools; members debated whether appointing state members to the Blue Cross board or other governance changes would be effective.

The Senate Appropriations committee advanced bill 8648, a Department of Financial Regulation housekeeping measure that makes technical edits to statutes governing banking, insurance and securities and updates three special funds; the committee voted to report the bill after a brief review.

The Senate confirmed Kai Sampson to lead the Department of Financial Regulation for a term running to Feb. 28, 2027, following a confirmation report that highlighted his state government and private-sector experience; the roll-call vote was 27–0.

Department of Financial Regulation recommended that banks and credit unions be given discretion to place temporary holds on suspicious transactions to investigate potential fraud. The committee agreed to draft committee bill language to consider liability protections, hold duration (15–30 days suggested), trusted‑contact use, and training requirements.

On Jan. 15, the Department of Financial Regulation presented H.648 to the Commerce & Economic Development committee, proposing numerous technical and substantive edits to securities, banking and insurance law including lowering a securities de minimis purchaser threshold, codifying penalty factors, requiring cyber-insurance for advisers, and defining virtual-currency kiosks.

Vermont Department of Financial Regulation aims to enhance website usability for public access.