Three nominations to serve on the Federal Reserve Board, including one to fill the now-vacant vice chair of supervision seat, were sent by the White House Thursday to the full Senate and await further action. […]
Federal Reserve Banks had net income of $107.8 billion in 2021, a $19.3 billion increase (21.8%) from the previous year; the Federal Reserve Board said the net income bump came mostly from a $25.1 billion […]
Four of the five federal financial institution regulators have been urged to take actions – ranging in number from one to five – to better protect the personally identifiable information (PII) they collect use, and […]
Lending activity picked up slightly toward the end of 2021, led by commercial real estate borrowers, the Federal Reserve reported Wednesday in its latest Beige Book. The most recent book, reporting on the last several […]
Ensuring a strong and resilient financial system, with increased capital and liquidity requirements for large banks, was among the accomplishments cited by the chair of the Federal Reserve in testifying for himself for another term […]
Referring to it as a “technical rule,” the Federal Reserve late Monday publicly released details of action designed to streamline reporting requirements for member banks related to their subscriptions to reserve bank capital stock. The […]
There will soon be three vacancies on the governing board of the nation’s central bank, as the current vice chair resigned, effective at week’s end, Monday. Citing the fact that his term as Federal Reserve […]
Eleven of the 24 individuals named to the top board posts of the 12 Federal Reserve Banks for 2022 are new to those positions. As noted in an announcement earlier this week, the Federal Reserve […]
Separate hearings on the nominations of candidates for chair and vice chair of the Federal Reserve Board will be held Jan. 11 and 13, respectively, the Senate Banking Committee said Wednesday. The hearing for Federal […]
More than 90 nominations were sent to the Senate Tuesday by the White House – including three for federal regulatory agencies, even though their names had been already submitted last year and (in one case) […]
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