Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
A report that looks at current options for winding down a failed, systemically important banking firm (GSIB) in an orderly fashion was released Tuesday by the Government Accountability Office (GAO). The report, as directed under […]
(In the video, Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio) make their respective cases for recommending for confirmation (or denying the recommendation) for Federal Reserve Board Nominee Judy Shelton […]
There will be no changes to prices for payment services in 2021, out of deference to the impact of the coronavirus crisis, the Federal Reserve said Tuesday in an early declaration of its plans for […]
There was a net reduction of 211 banks nationwide at the end of last year compared with year-end 2018, the Federal Reserve reported Friday, and a net reduction of 1,182 branches and additional offices over […]
Paycheck Protection Program (PPP) loans to businesses owned by their directors and certain shareholders who are also bank directors, officers and shareholders will be allowed – subject to certain limits, and without favoritism – under […]
Nonprofit organizations such as educational institutions, hospitals, and social service organizations will have more access to credit through the Federal Reserve’s Main Street Lending Program (MSLP) as a result of modifications that added two new […]
While a number of bankers and financial institutions reported improving financial conditions over the last six weeks, many others expressed concern about what happens to conditions once incentives subside that were adopted to help fight […]
The “dense fog” of coronavirus-related uncertainty is shrouding the economic outlook, posing headwinds to an economic recovery for some time and calling for a sustained commitment to accommodation along with additional fiscal support from the […]
Statements of interest in membership on the Insurance Policy Advisory Committee (IPAC) at the Federal Reserve Board are invited in a Federal Register notice slated for publication Tuesday. The IPAC was created under the Economic […]
A vote on recommending for confirmation two nominees to the Federal Reserve Board, and a hearing on the nomination of a member of the federal credit union regulator’s board, have been scheduled for next week […]
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