Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Randal K. “Randy” Quarles officially became the Federal Reserve Board’s first vice chairman for supervision after being sworn in Monday by Chairman Janet Yellen. Quarles, 60, joined the board Oct. 13 about a week following […]
The first $16 million in net transaction accounts will be exempt from Federal Reserve Board reserve requirements, up from $15.5 million in 2017 – an increase of about 3.2% — the Fed announced last week, […]
Additional revisions to streamline financial institution call reports – by removing or consolidating data items, and adding new, or higher, existing reporting thresholds – is being proposed by the three federal banking agencies. According to […]
In nominating Jerome H. “Jay” Powell to be chairman of the Federal Reserve Board, President Donald Trump has selected a candidate who has said – repeatedly and recently – that the mission and structure of […]
A Missouri bank has been order to pay $5 million in restitution to nearly 21,000 consumers for deceptive marketing practices related to transferring the balance of credit cards, the Federal Reserve said Thursday. The Fed […]
Five new members of its Community Advisory Council (CAC) were announced Thursday by the Federal Reserve Board, each to serve a three-year term beginning next year. The new members are: Juan Bonilla, Deputy Director Lawrence […]
Changes in its stress-testing rules conforming to those already adopted by the Federal Reserve are proposed by the Office of the Comptroller of the Currency (OCC) in a notice to be published Friday (Oct. 27) […]
Simplifying compliance with certain aspects of the capital rule – particularly for non-advanced approaches banking organizations – is the focus of a notice of proposed rulemaking to be issued by the federal banking organizations Friday […]
Trends in community bank liquidity and funds management (and related supervisory guidance) are on the agenda for a Nov. 6 teleconference hosted by the three federal banking agencies. The teleconference, aimed at community bankers, is […]
Amendments that update procedures for requesting information from the Federal Reserve Board – as well as extending the deadline for administrative appeals and adding information on dispute resolution – are finalized in an interim final […]
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