Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Title: Guidance for Resolution Plan Submissions of Foreign Triennial Full Filers Subject: Resolution plans (“Living wills”) Agency: FDIC, Federal Reserve Status: Proposed guidance Summary: The Board and the FDIC (together, the agencies) are inviting comments […]
Banks have a 36-month extension for recognizing activities that help to revitalize or stabilize Puerto Rico and the U.S. Virgin Islands via anti-redlining rules because of damages caused by Hurricane Maria in 2017, the federal […]
The Federal Reserve Board has a new vice chair and a full complement of seven members following the swearing in Wednesday of three newly Senate-confirmed governors for the central bank. Phillip N. Jefferson, Lisa D. […]
A central bank digital currency (CBDC) continues to be studied by the Federal Reserve, its top supervisor said Friday – but the official emphasized that the agency has made no decision yet and reiterated that […]
Adriana Kugler was confirmed to a 14-year term on the board of governors of the Federal Reserve Thursday, the first Hispanic to serve on the agency’s governing panel. Kugler was approved on a vote of […]
Phillip N. Jefferson was confirmed as the next vice chair of the Federal Reserve Wednesday by a Senate vote of 88-10. He replaces former Fed Gov. Lael Brainard in the role; Brainard resigned in February […]
Consumer loan balances rose during July and August, most bankers told the Federal Reserve, but other financiers cited mixed experiences in loan demand, according to a report released Wednesday. In its latest Beige Book, the […]
A slew of operations and other deficiencies, including deficiencies in compliance with anti-money laundering requirements, are enumerated in a Sept. 1 cease-and-desist consent order with Gardner Bancshares Inc. and its subsidiary Small Business Bank (both […]
A “town hall” on the FedNow service – the new electronic instant payments service officially launched by the Federal Reserve this summer – will be held Aug. 31 and feature representatives from financial institutions already […]
Regions Bank of Birmingham, Ala., was assessed a $2.95 million civil money penalty this month over unsafe and unsound practices in its flood insurance program, according to a consent order released Tuesday by the Federal […]
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