The Federal Reserve Board’s vice chairman for supervision, urged in a hearing against publishing supervisory stress-test scenarios for banks, told lawmakers that the Fed’s decision will take into account all the comments received on a […]
A proposal to phase in the impact on banks of a new accounting standard for credit losses was approved unanimously for comment by the board of the federal deposit insurer Tuesday, in concert with similar […]
While the Federal Reserve has taken steps to make the current regulatory framework more effective, that framework can still be improved – while continuing to monitor for emerging risks to the financial system, the central […]
The president plans to nominate an academic and a Kansas state bank regulator to terms on the Federal Reserve Board, the White House announced Monday. The Fed Board has seven seats, but only three are […]
Financial institutions in American Samoa affected by Tropical Storm Gita have been extended some regulatory relief to facilitate recovery from the storm, the Federal Deposit Insurance Corp. (FDIC) said Monday. In a release, the agency […]
Legislation giving the Federal Reserve sole rulemaking authority for the “Volcker rule” creates efficiency – but it doesn’t eradicate the rule, the chairman of the House committee that reported out the bill said last week. […]
Providing an option to phase in over three years the effects on regulatory capital of the new current expected credit loss (CECL) accounting standard is the aim of a notice of proposed rulemaking issued by […]
Two congressional hearings featuring the top supervisory official of the Federal Reserve, a speech on regulatory reform by another Fed governor, transitioning capital rules to new accounting provisions by the federal deposit insurer, the monthly […]
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