Two federal financial regulator boards hold meetings this week, and the chairman of the Federal Reserve Board talks about monetary policy 75 years after the global financial Bretton Woods agreement was reached.
The Federal Deposit Insurance Corp. (FDIC) Board is scheduled to meet Tuesday at 10 a.m. ET to consider two final and one proposed rule. Final rules on joint deposit accounts and on recordkeeping for “Timely Deposit Insurance Determination” are on the agenda. The proposed rule is on securitization safe harbor rule.
Also Tuesday, Federal Reserve Board Chairman Jerome H. (“Jay”) Powell is in Paris to offer his thoughts about “Aspects of Monetary Policy in the Post-Crisis Era” at a conference discussing the Bretton Woods financial agreement (“Bretton Woods: 75 Years Later, Thinking About the Next 75.”) The speech gets underway at 10 a.m. ET.
Thursday, the National Credit Union Administration (NCUA) Board considers a proposed and two final rules of its own. The board is looking at finalizing rules real estate appraisals and on fidelity bonds. It will also consider a proposed interpretative rule on certain prohibitions issued by the agency, and a mid-year review and possible reprogramming of the agency’s 2019 operating budget.
The NCUA board meeting gets underway at 10 a.m.