Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Christopher Waller’s nomination to the Federal Reserve Board was confirmed in the Senate Thursday by the sparest of margins, with senators voting 48-47 to approve the president’s pick to fill the unexpired term of Sarah […]
Economic expansion was no better than modest over the last several weeks, and “optimism has waned” among some business owners and leaders for robust economic growth going into the new year as the coronavirus crisis […]
The president’s nomination of Kyle Hauptman to a seat on the board of the federal agency that regulates credit unions was confirmed by the Senate Wednesday on a bipartisan vote of 56-39, clearing the way […]
Title: Temporary Asset Thresholds Subject: Regulatory asset thresholds Agency: FDIC, Federal Reserve, OCC Status: Interim final rule; COVID response Summary: To mitigate temporary transition costs on banking organizations related to the coronavirus disease 2019 (COVID […]
A proposal to reform regulations that implement anti-redlining laws by the Federal Reserve is aimed at providing a basis of a consistent approach for all three federal banking agencies, the point person on the central […]
The nomination of Christopher Waller to be a member of the Federal Reserve Board moved forward in the Senate late Monday, with a confirmation vote likely to come later in the week, according to press […]
Community banks could use asset data from the end of last year to determine applicability of various regulatory assets thresholds for the remainder of this year and all of next under an interim final rule […]
Four lending facilities created to support short-term funding markets amid the COVID-19 pandemic have been extended through March 31, 2021, the Federal Reserve announced Monday. The facilities – the Commercial Paper Funding Facility (CPFF), the […]
Reserve balances at banks ballooned by $1.4 trillion as the coronavirus crisis became apparent last spring, but that growth has plateaued since then and is expected to begin to shrink out of a concern for […]
Banks, “as soon as practicable,” should cease entering into new contracts that employ a widely used reference rate that is being phased out, the three federal banking agencies in a statement issued Monday. The recommendation is […]
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