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Waller nomination to Fed Board squeaks through Senate, 48-47

December 3, 2020 0

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 Bloom Raskin. Waller’s Fed Board [...]
Fed announces seven-member Insurance Policy Advisory Committee, with three new members

December 3, 2020 0

The Federal Reserve Board announced seven members for its Insurance Policy Advisory Committee (IPAC) Thursday, three of them new and all of them set to begin three-year terms beginning in 2021. Thursday’s list of seven members is winnowed down greatly [...]
FDIC October enforcements included penalties over fiduciary duty, flood insurance violations

December 3, 2020 0

Two penalties were assessed in October by the federal bank deposit insurer related to findings of fiduciary duty violations and violations of federal flood insurance rules, according to information released recently on the agency’s October enforcement actions. The Federal Deposit [...]