Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Community Reinvestment Act (CRA) regulations would be amended to conform to changes made this summer by the CFPB to its Regulation C (Home Mortgage Disclosure Act) and set to take effect Jan. 1, under a […]
Any U.S. top-tier bank holding company identified as a global systemically important banking organization (GSIB), and some of its subsidiaries, as well as U.S. operations of some foreign GSIBs, would be subject to restrictions on […]
Nominations for Comptroller of the Currency and Federal Reserve vice chairman for supervision were recommended for confirmation to the full Senate Thursday by the Senate Banking Committee on split votes. The committee recommended, 13-10, that […]
Stanley Fischer, vice chairman of the Federal Reserve Board of Governors, has resigned effective Oct. 13, the central bank announced Wednesday. He joined the board in May 2014; his term was scheduled to end in […]
Surveys about usage of pre-paid card usage would be continued under a proposal by the Federal Reserve, to be published Thursday. Under the proposal, both the mandatory and voluntary versions of the “Government-Administered, General-Use Prepaid […]
Improvements mandated by post-crisis financial reforms – particularly in capital, liquidity, and risk management – and put into place by financial institutions are fending off the emergence of threats to the financial system, a Federal […]
Nominations for a new Comptroller of the Currency, and top regulatory supervisor at the Federal Reserve, will be considered Thursday by the Senate Banking Committee. The committee has scheduled votes on the nominations of Joseph […]
Arguing that the financial system is more resilient because of reforms adopted in the wake of the “Great Recession” of the last decade, Federal Reserve Board Chairman Janet L. Yellen advised that any adjustments made […]
Enhancing the effectiveness of boards of directors of firms under supervision is the aim of a proposal issued Thursday by the Federal Reserve Board. Additionally, the Fed issued a second proposal that it said is […]
Slower trend economic growth, an aging population and demographic developments, and relatively weak investment are three key factors keeping interest rates low, Federal Reserve Board Vice Chairman Stanley Fischer said today. Addressing a conference in […]
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