Speech: Federal Reserve (Vice Chairman Clarida)
Data Dependence and U.S. Monetary Policy Vice Chairman Richard H. Clarida Clearing House and Bank Policy Institute 2018 Annual Conference, New York, New York
Federal Reserve
Speech: Federal Reserve (Chairman Powell)
The Federal Reserve’s Framework for Monitoring Financial Stability Federal Reserve Board Chairman Jerome H. (Jay) Powell Economic Club of New York Signature Luncheon (New York, New York) (Scheduled to be webcast live)
FDIC
‘Simple’ capital adequacy measure for banks, BHCs under $10 billion proposed
A simpler capital framework for qualified banks and bank holding companies (BHCs) with less than $10 billion in total consolidated assets was proposed in a notice issued jointly Wednesday by the federal bank and bank […]
CFPB
Agencies raise exemption thresholds 2.5% for 2019 consumer credit, lease transactions
Dollar thresholds have been set at $57,200 for determining exempt consumer credit and lease transactions in 2019, the Federal Reserve and the Bureau of Consumer Financial Protection (BCFP, formerly known as the CFPB) said in […]
CFPB
Appraisal exemption amount for smaller, higher-priced mortgages rises in 2019
Mortgage loans that are “higher-priced” under federal mortgage rules and that don’t exceed $26,700 will be exempt from federal appraisal requirements in 2019, federal banking and consumer protection agencies said in an announcement Wednesday. The […]
FDIC
Banking agencies propose appraisal exemption for under-$400K residential loans
A proposed rule to implement a relief law exemption from real estate appraisal requirements for certain residential real estate transactions involving $400,000 or less will be issued jointly by three federal banking regulators for a […]
CFPB
Fed, BCFP propose new indexing of funds-availability amounts in Reg CC; more
A statutory requirement for inflation adjustments every five years of the funds-availability amounts under the Electronic Funds Availability (EFA) Act would be implemented for the first time under a proposal issued Tuesday by regulators. Issued […]
The Fed
No fan mail: Letter from Minneapolis Fed assails central bank plan to relax liquidity-related rules for big banks
Calling it a “threat to financial stability,” the Federal Reserve Bank of Minneapolis said in a comment letter that it opposes the Federal Reserve Board’s proposal to relax liquidity-related regulations for large banks. The letter […]
FDIC
Agencies issue joint notice on proposal to expand scope of ‘streamlined’ call report filing
Notices of a proposal to expand the scope of financial institutions and firms that file “streamlined” versions of call reports were issued by the three federal banking agencies to the firms they supervise Monday. In […]
The Fed
French bank slapped with $81 million fine for violating U.S. sanctions against Cuba
A fine of more than $81 million was assessed against a French bank Monday by the Federal Reserve for violations of U.S. sanctions against Cuba. In a release, the Federal Reserve said a fine of […]