Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Communicating the appropriate use of alternative data in the underwriting process with banks that engage in third-party relationships with fintech lenders is one of three recommendations from the congressional watchdog that the Federal Reserve that […]
The nominee for Federal Reserve vice chair for supervision took an important step Wednesday to being confirmed after a Senate committee recommended him to the full body to take the seat. The Senate Banking Committee […]
Recommendations for contracts linked to a now-defunct reference rate – and which will no longer be of use after June 2023 – were issued Wednesday by a Federal Reserve-sponsored group that developed an alternative rate. […]
A spreadsheet tool to help smaller banks deal with a new accounting standard on current expected credit losses (CECL) by using the banks’ loan-level data and management assumptions will be released next week by the […]
Results of 2022 stress tests of 34 banks with assets of more than $100 billion will be released Thursday, the Federal Reserve said late Monday, referring to tests aimed at measuring the impact of a […]
The main issue in crypto-asset regulation is how to protect the public at large – not the sophisticated crypto-investors, a member of the Federal Reserve Board said Friday. Speaking at the SNB-CIF Conference on Cryptoassets […]
Slight or modest economic growth was reported in most Federal Reserve Bank districts – but a minority acceded that the pace of growth has slowed, according to the latest informal review on economic activity by […]
A total of 335 insured banks and thrifts are included on the anti-redlining Community Reinvestment Act (CRA) evaluation schedules of the federal bank deposit insurer from July 1 through Dec. 31, the agency said in […]
No decision has been made about adoption of a U.S. central bank digital currency (CBDC), the vice chair of the Federal Reserve Board said Thursday to a congressional committee, but she indicated that “clear regulatory […]
Jerome. H. (“Jay”) Powell and Lael Brainard were sworn in Monday to terms as chair and vice chair of the Federal Reserve Board Monday, the Fed announced, noting also the swearing in of Lisa D. […]
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