Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
A Federal Reserve-developed alternative to a now-defunct interest rate reference vehicle has made considerable progress as a replacement rate, the group that developed the rate said Thursday. In a report on its latest meeting Wednesday […]
The sharp and ongoing recent increase in home prices poses less risk to financial stability than similar increases in the mid-2000s, a Federal Reserve Board governor indicated Thursday. In a speech to a conference titled […]
A former field marketing manager for Rabo AgriFinance LLC (Chesterfield, Mo.), a nonbank subsidiary of foreign financial holding company Cooperatieve Rabobank U.A., has been barred from future service in any federally insured financial institution under […]
Updates intended to modernize policies and procedures for administrative proceedings at bank and credit union regulators were proposed Tuesday by the agencies. Specifically, the agencies said the proposal was intended to align the rules with […]
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 […]
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