A failure to progress on a program meant to manage risk among large banks and financial institutions may be leading to a threat to the independence at the Federal Reserve from the industry it regulates, […]
A package of proposals intended to increase the transparency of stress testing program while maintaining the ability to test the resilience of the nation’s largest and most complex banks was announced by the Federal Reserve […]
Jerome H. “Jay” Powell’s nomination to be chairman of the Federal Reserve Board was recommended for confirmation by roll-call vote of the Senate Banking Committee Tuesday, with only Sen. Elizabeth Warren (D-Mass.) casting a “no” […]
Revisions to its Regulation A that would address circumstances in which the Federal Reserve’s monetary policy panel establishes a target range for the federal funds rate rather than a single target rate, and that reflect […]
A capital management tool designed by the Federal Reserve to help banks and other financial institutions to absorb higher losses associated with declining credit conditions will stay at the its current level of 0%, the […]
Private issuers of digital currencies raise concerns about their effect on financial stability, and central banks should “tread cautiously” about issuing their own – for the same concerns – the newest member of the Federal […]
Four of the Federal Reserve Board’s seven seats would be filled if the Senate confirms Marvin Goodfriend, an economics professor at Pittsburgh’s Carnegie-Mellon University. President Trump Wednesday nominated Goodfriend, 67, who has been described as […]
Congress may consider policies to generate a sustained boost in economic growth, including improving the nation’s infrastructure and supporting innovation and adoption of new technologies, the outgoing chairman of the Federal Reserve Board said in […]
Restitution of approximately $2.8 million was ordered to be paid by a Kansas bank for deceptive residential mortgage practices, the Federal Reserve said Tuesday. The restitution order, levied against Peoples Bank of Lawrence, Kansas, the […]
Saying that the nation’s financial system is far stronger and more resilient than a decade ago, with banks holding “much higher” levels of capital and liquid assets, and more aware of and better able to […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info