Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Faster payments and speeches from Federal Reserve Board governors highlight the week ahead – along with some credit union comments due for “second chances.” Federal Reserve Board Vice Chairmen Richard H. Clarida and Randal Quarles […]
A 2010 enforcement action with Optimumbank Holdings, Inc., of Fort Lauderdale, Fla., was terminated Sept. 11 by the Federal Reserve Board, the Fed said in a release Thursday. The Fed said Optimumbank Holdings is a […]
The independence of the nation’s central bank has served the public well, and the chairman of the bank’s board expects to continue his press conferences following meetings of interest rate policy-setting committees, he said Wednesday. […]
Title: Margin and Capital Requirements for Covered Swap Entities Subject: Swaps Agency: FDIC, Federal Reserve, OCC Status: Final rule Summary: The OCC, Board, FDIC, FCA, and FHFA (each, an agency, and collectively, the agencies) are […]
(Updated Sept. 18, 2019) A vote on a final community bank leverage ratio (CBLR), a press conference featuring Federal Reserve Board Chair Jerome (“Jay”) Powell (following the close of a monetary policy setting session), and […]
The Senate on Thursday approved Michelle (“Miki”) Bowman’s reappointment to the Federal Reserve Board for a full, 14-year term, ensuring her ability to remain on the board through Jan. 31, 2034. Bowman was first nominated […]
An enforcement action entered into in September 2010 between the Federal Reserve Board and Homestar Financial Group, Inc. (Manteno, Ill.) was terminated Sept. 3, the Fed said Tuesday. The 2010 agreement directed the board of […]
For the second month in a row, the chairman of the nation’s central bank and the president of the United States had no apparent contact – interrupting what had been, at least, monthly contact between […]
A proposal to establish capital requirements for certain insurance companies supervised by the Federal Reserve – referred to as the “Building Block Approach (BBA)” – was issued by the central bank Friday, with the caveat that […]
A Nebraska bank must pay a $37,000 civil money penalty (CMP) for a violation of flood insurance requirements, and a Miami, Fla., institution no longer faces an enforcement action that was first applied 12 years […]
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