Two new committees will focus on the impact of climate change on financial stability, a Federal Reserve Board governor said Tuesday, as the agency finds it “increasingly clear” that climate change could have “important implications” […]
It’s a busy week ahead for members of the Federal Reserve Board, with testimony, speeches and lectures scheduled for the chair, both vice chairs and two other members of the board delivering views on a […]
Climate change is already imposing substantial economic costs and is projected to have a profound effect on the economy at home and abroad, a member of the Federal Reserve Board said Thursday. In remarks to […]
How banks are taking into account climate-related risk in their modelling and management of credit, market, liquidity, and operational risks will require over time the development of a framework for evaluating their efforts, a Federal […]
With about just under nine weeks left for public comments, the Federal Reserve Board’s point person on the agency’s Community Reinvestment Act (CRA) advance notice of proposed rulemaking (ANPR) focused her remarks before a banking […]
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 […]
Outreach – including meetings with stakeholders – on its advance notice of proposed rulemaking (ANPR) for reforming anti-redlining regulations will be held by the Federal Reserve over the next three months, the point person for […]
Fragility and funding stress in nonbank financial sectors during the coronavirus crisis – resembling the same effects to the same sectors during the global financial crisis of 10 years ago – highlights the importance of […]
The coming week will bring updates on financial regulatory agencies’ activities and plans for supervision, including COVID-19 response, during two oversight hearings on Capitol Hill, with all four financial institution prudential regulators set to testify […]
Challenges facing low- to moderate-income (LMI) and minority renters and would-be homeowners underscore the importance of getting modernization of anti-redlining laws right, the point person for the Federal Reserve’s efforts on the issue said Tuesday. […]
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