The Senate Banking Committee will meet in open session for a hearing hearing on the following nominations: Jessie K. Liu, of Virginia, to be the Under Secretary for Terrorism and Financial Crimes at the Department […]
The president’s two nominees to the Federal Reserve Board – Judy Shelton and Christopher Waller – are scheduled to testify on their nominations Feb. 13 before the Senate Banking Committee. The Senate received the nominations […]
A civil money penalty of $9,500 was assessed against Farmers & Merchants Bank of Craig County (New Castle, Va.) this week over violations of federal flood insurance rules, according to a consent order announced Thursday […]
Comment letters on the proposed “FedNow” digital payments system continue to be analyzed by the Federal Reserve, but the central bank governor overseeing the planned system gave no indication Wednesday when the results of that […]
The Senate Banking Committee will meet in open session for a hearing entitled, “The Semiannual Monetary Policy Report to the Congress.” Federal Reserve Board Chair Jerome H. (“Jay”) Powell will testify.
Federal Reserve Board Chair Jerome H. (“Jay”) Powell will give lawmakers an update on the central bank’s monetary policy activity during a Senate Banking Committee hearing next Wednesday, one day after giving similar testimony for […]
Senior bank loan officers said they expect banks to tighten standards for most categories of business loans, credit card loans, and auto loans over the coming year, but they expect standards will be unchanged for […]
Federal Reserve Board Chair Jerome H. (“Jay”) Powell will provide a semiannual report to Congress during a House Financial Services Committee hearing, “Monetary Policy and the State of the Economy.”
A former teller and vault custodian of Farmers & Merchants Bank (Baldwin, Miss.) was barred from future work in banking and ordered to pay a combined $30,331.27 in restitution and fine over allegedly embezzling hundreds […]
A former senior executive of Goldman Sachs, Andrea Vella, has been barred under a consent order from any future involvement in the banking industry for his role in the firm’s financing of a defrauded Malaysian […]
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