Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
A joint Senate-House committee has canceled Wednesday’s hearing featuring testimony by the head of the nation’s central bank, citing “the changing congressional schedule.” Federal Reserve Board Chairman Jerome (“Jay”) Powell had been scheduled to testify […]
Underscoring the central bank’s commitment to community development, the chairman and a member of the Federal Reserve Board spoke in strong terms of continuing that duty in the future, during an event Monday evening honoring […]
An agreement with the industry-organized regulator of financial markets and a proposed rule are two steps the Federal Reserve is taking to “keep up with the changing nature” of Treasury markets, a member of the […]
Encouraging banks and credit unions to explore “innovative approaches” to meet anti-money laundering compliance obligations is the thrust of a joint statement issued Monday by the three federal banking regulators, the federal credit union regulator […]
Memorial services spanning Tuesday through Thursday for former President George H.W. Bush, — who died Friday – are having ripple effects on events in the week ahead affecting federal financial regulators. The effects include a […]
A recent survey of senior financial officers at banks showed that the respondents – which held about two-thirds of total reserve balances at the time – were keeping reserves well above their lowest comfortable level, […]
A $49,000 civil money penalty was assessed against a New Mexico state member bank for violations of federal rules implementing the National Flood Insurance Act (NFIA), according to an order announced by the Federal Reserve […]
A proposed rule to implement a 2018 financial regulatory relief law requirement to tailor prudential standards for large banking firms according to risk is slated for publication Thursday in the Federal Register. Comments are due […]
The financial system is much stronger today in the wake of the crisis a decade ago, thanks to 10 years of concentrated effort, the chairman of the Federal Reserve Board said Wednesday. However, he also […]
The financial system is relatively stable, but debt levels of businesses at historic highs and signs of deteriorating credit standards are among potential vulnerabilities, according to the Federal Reserve’s first report on the condition of […]
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