Certain appraisal requirements for real estate-related transactions are temporarily paused to help facilitate recovery efforts in areas affected by the Los Angeles County wildfires earlier this year, the three federal banking agencies and the federal […]
The recent tariff policy adopted by the President Donald Trump two weeks ago is “one of the biggest shocks to affect the U.S. economy in decades,” a governor of the Federal Reserve said Monday, adding […]
Call reports for the first quarter – which contain no new data items – are due from banks in most cases by April 30, the federal banking agencies said Wednesday. However, the agencies advised in […]
An enforcement action that dated back to 2022 against three Irvine, Calif., financial institutions has been terminated by the Federal Reserve, the agency said Tuesday. The Fed said its cease-and-desist actions against Allegiant United Holdings, […]
The regulation implementing anti-redlining laws will change for a third time in the last six years, according to the federal banking regulators who have agreed to rescind the latest changes adopted in 2023, the agencies […]
Financial statements for 2024 about the Federal Reserve System – covering the 12 Federal Reserve Banks, the agency board, and one limited liability company (LLC) (consolidated with the Boston bank) – were released Friday by the […]
Leveraging her “hands-on experience” as a banker, state bank regulator and a Federal Reserve Board member “to address the challenges ahead” is the pledge of Michelle W. Bowman if she wins confirmation as vice chair […]
A Southfield, Mich., bank that was the focus from 2022-24 of numerous enforcement actions, including prohibitions of employees associated with a risky loan program, will be acquired by a Florida banking company, the Federal Reserve […]
Overall economic activity was up a bit since mid-January, according to the latest Beige Book published Wednesday by the Federal Reserve, with “overall expectations for economic activity over the coming months” being slightly optimistic, the […]
A representative picture of what Americans own—from houses and cars to stocks and bonds—how and how much they borrow, and how they bank, as well as their feelings about their economic situation and that of […]
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