Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Sharp increases in Federal Reserve System earnings and Reserve Bank assets are reported in 2021 audited financial statements released Monday by the central bank. Highlights from the statements show an increase of $19.4 billion in […]
Legislation that would address “tough legacy” contracts under a now-defunct interest rate reference was approved by the Senate 68-31 March 10 and signed into law by President Joe Biden (D) Tuesday. The legislation, part of […]
Lacking support of a key Democrat and moderate Republicans, Sarah Bloom Raskin on Tuesday withdrew as the president’s nominee to take the top supervision post at the Federal Reserve Board, reports said. President Joe Biden […]
A “coordinated and comprehensive approach” to digital asset policy is the aim of an executive order issued early Wednesday by President Joe Biden (D) that is widely viewed as a first step toward regulation of […]
A supplemental notice to the Federal Reserve’s May 2021 proposal on factors used by the Federal Reserve Banks when considering account and payment service requests is out for public comment until April 22. The supplemental […]
Title: Guidelines for Evaluating Account and Services Requests Subject: Reserve Bank account access Agency: Federal Reserve Status: Supplemental notice and request for comment Summary: The Board of Governors of the Federal Reserve System (Board) is […]
Six new members of the Federal Reserve Board’s Community Advisory Council (CAC), appointed to three-year terms, were announced by the Fed Friday. The CAC includes experts and representatives of consumer, workforce, and community development organizations […]
Overall economic outlook over the next six months for business contacts remained stable and generally optimistic in the Federal Reserve’s latest survey, although an “elevated degree of uncertainty” was also highlighted, the agency said Wednesday. […]
The implications for the U.S. economy are “highly uncertain” in the wake of the Russian attack on Ukraine, the leader of the Federal Reserve Board said Wednesday, although he also pledged that the agency would […]
Comments on a new framework for a “transparent and consistent” set of factors for considering requests to Federal Reserve accounts and payment services from banks and non-banks alike are being sought by the agency, it […]
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