Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
No new loans will be made after March 11 by a Federal Reserve program that was established in the wake of two regional bank failures last year and was designed to assure the stability of […]
The public comment deadline on a Federal Reserve Board interchange fee proposal, which would lower the maximum interchange fee that a large debit card issuer can receive for a debit card transaction, has been extended […]
Five new members have been named to three-year terms on the Federal Reserve Board’s Community Advisory Council (CAC), which, the Fed says, offers perspectives on matters affecting consumers and communities, particularly low- and moderate-income populations. […]
A fine of $2.4 million for unauthorized use and disclosure of confidential supervisory information (CSI) was levied against a Chinese bank and its New York branch by the Federal Reserve, the agency said Friday. The […]
Four new members and officers of the Federal Reserve’s advisory group on community financial institutions were announced Thursday by the agency. The agency said Chuck Sulerzyski, president and chief executive officer (CEO) of Peoples Bank […]
A former Kentucky banker has consented to his prohibition from future employment or service at a bank for obtaining a loan from a coronavirus crisis federal fund and using the $500,000 in proceeds for “unauthorized […]
Expenses were $114.4 billion higher than estimated earnings in 2023 for Federal Reserve Banks, the Federal Reserve said Friday – leading to an increase by $116.4 billion in a deferred asset for the banks – […]
Three bankers from an Iowa institution have earned consent cease and desist orders and civil money penalties (CMPs) for misappropriation of confidential bank records, the Federal Reserve said Thursday. The agency said the former employees […]
Details about the workings of the new anti-redlining regulation are presented in a video of a webinar released Wednesday by the federal banking regulators. The final rule, adopted by the regulators Oct. 24 implementing the […]
Banking regulators should prioritize safety and soundness in 2024 – rather than broad, policy-oriented areas such as climate change – as a way of ensuring that the trauma created by the failures last year of […]
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