Christopher Waller

Intended nominee, Federal Reserve Board

July 3, 2019 Nominees 0

INFO, BACKGROUND ON CHRISTOPHER WALLER

AGE	60 (as of July 2, 2019)
POSITION	Member, Federal Reserve Board (President Donald Trump's 'intended nominee')
EDUCATION	Ph.D, Washington State University
EXPERIENCE	Government: 2009-present: Federal Reserve Bank of St. Louis (executive vice president, director of research) Other: 2003-09: University of Notre Dame (South Bend, Ind.), Gilbert F. Schaefer Professor of Economics; chair, economics department Previously: Economist, Indiana University

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FASB proposal moves CECL compliance deadline for privately held banks, credit unions, other smaller entities to 2023, providing 1-year extension

July 17, 2019 0

Federal financial institution regulators are likely to advise privately held banks, credit unions and others that they have one more year to comply with new “current expected credit loss” (CECL) accounting standards following a proposal Wednesday by the financial accounting [...]
Banking agencies announce they will hold off for two years enforcing Volcker Rule restrictions on some foreign funds

July 17, 2019 0

No action will be taken enforcing Volcker Rule restrictions for certain foreign funds by the federal banking agencies for an additional two years, the agencies said Wednesday. In a release, the Federal Deposit Insurance Corp. (FDIC), the Federal Reserve and [...]
Suspicion of elder financial abuse should prompt filing of SAR, bureau advises

July 17, 2019 0

Suspicion that an older adult is the target or victim of financial exploitation should be reported by financial institutions to local, state or federal authorities – including through use of a Suspicious Activity Report (SAR) with federal authorities, the federal [...]
Lending described as ‘moderate’ across Fed districts in latest Beige Book; few trouble signs emerging

July 17, 2019 0

Lending was reported on the upswing – but with a level of intensity mostly described as “moderate” – among Federal Reserve Banks reporting economic activity in their districts in the latest Beige Book. In the 10 (out of 12 total) [...]

Christopher Waller

Intended nominee, Federal Reserve Board

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FASB proposal moves CECL compliance deadline for privately held banks, credit unions, other smaller entities to 2023, providing 1-year extension

Banking agencies announce they will hold off for two years enforcing Volcker Rule restrictions on some foreign funds

Suspicion of elder financial abuse should prompt filing of SAR, bureau advises

Lending described as ‘moderate’ across Fed districts in latest Beige Book; few trouble signs emerging