Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Richard Clarida is now officially the vice chairman of the Federal Reserve Board, having been sworn in to office by Chairman Jerome H. (“Jay”) Powell on Monday, the Federal Reserve said. In a release Monday, […]
The impact of Hurricane Florence Friday prompted federal and state bank and credit union regulators to issue a joint statement urging financial institutions they supervise in the affected areas to “meet the financial services needs […]
A dozen bills were approved and reported out by the House Financial Services Committee Thursday, among them one that would modify Federal Reserve monetary policy operations and another that would require the Bureau of Consumer […]
Federal banking and credit union regulators have developed hurricane information and resource pages on their websites for both the institutions they supervise, and the customers and members of those institutions – just as the first […]
The Federal Reserve Board released a final rule Wednesday that revises the liability provisions of Regulation CC (Expedited Funds Availability Act), clarifying the burden of proof in disputes between banks over substitute or electronic checks […]
The Senate Banking Committee Wednesday rescheduled to Oct. 2 its hearing on the implementation by federal financial institution regulators of the new regulatory relief law enacted this spring. The hearing had been set for Thursday, […]
Barring unexpected developments, continued gradual increases in the federal funds rate are likely to be appropriate to sustain full employment and inflation near its objective, Federal Reserve Board Gov. Lael Brainard stated in her written […]
A cease-and-desist order against payments technology provider Higher One, Inc., from 2015 related to a student financial aid refund disbursement program has been terminated, the Federal Reserve Board said in a release Tuesday. Higher One, […]
The Senate Banking Committee Tuesday postponed its Thursday hearing featuring leaders from the three federal banking agencies and the federal credit union regulator. No reason was given for the postponement, and no new date was […]
Five policies and practices aimed to clarify use of supervisory guidance were issued in a joint statement Tuesday by the five federal financial institution regulatory agencies, which the agencies said were meant to clarify that […]
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