Press conference: Federal Reserve (Chair Powell following FOMC meeting)
Federal Reserve Board Chair Jerome Powell hosts a press conference following two-day Federal Open Market Committee (FOMC) meeting in Washington. (Streamed live via Internet)
Federal Reserve
Other
Senate Banking votes Tuesday on Bowman’s renomination to new Fed Board term
The Senate Banking Committee is poised to vote on the president’s renomination of Michelle (“Miki”) Bowman to a new, 14-year term on the Federal Reserve Board Tuesday, just before the panel begins a hearing on […]
FDIC
2019 list of CRA-eligible geographies released by banking agencies
The 2019 list of distressed or underserved nonmetropolitan middle-income geographies where banks’ revitalization or stabilization activities can receive Community Reinvestment Act (CRA) consideration under the “community development” definition was released Monday by federal banking regulators. […]
The Fed
Agencies make final streamlined call reports for institutions under $5B, indicate more changes ahead
A streamlined version of the quarterly call report will be allowed for banks and thrifts with less than $5 billion assets that do not engage in “certain complex or international activities” under a final rule […]
The Fed
Proposal would expand banks’ ability to share confidential supervisory info internally, with other regulators
A financial institution would have greater ability to share confidential supervisory information (CSI) with its affiliates, auditors, state and federal regulators, and others under a proposal issued Friday by the Federal Reserve. In a notice […]
The Fed
Revamp to CRA ‘assessment’ area, coverage beyond banks favored in roundtables, Fed summary shows
A summary of feedback from 29 roundtable discussions on Community Reinvestment Act (CRA) modernization, hosted by the Federal Reserve System between last October and this January, shows interest among banks and community stakeholders in updates […]
OCC
Timetable for proposed CRA rule revisions envisions late summer reveal
Proposed revisions to regulations implementing anti-redlining laws should surface publicly by the end of summer, a senior regulator said Wednesday, while joining a top supervisor from another agency in agreeing the changes should result in […]
FDIC
Banking agencies ready to finalize simplified compliance for community banks with certain aspects of the capital rule
Community banks and “non-advanced approaches banking organizations” will be subject to simpler regulatory capital requirements for mortgage servicing assets, certain deferred tax assets arising from temporary differences, and investments in the capital of unconsolidated financial […]
FDIC
FDIC chairman, Fed community bank rep to highlight CDFI, MDI conference
The board chairman of the federal insurer of bank deposits, and the community bank representative on the nation’s central bank board, are featured speakers for a conference in two weeks about promoting and preserving community […]
Comments due: Federal Reserve (proposed rule; control and divestiture proceedings)
The Federal Reserve Board is inviting public comment on a proposal that would revise the Board’s regulations related to determinations of whether a company has the ability to exercise a controlling influence over another company […]