A controversial nominee to fill a seat on the Federal Reserve Board will receive a vote in the Senate, according to news reports Thursday, as soon as next week. Bloomberg News first reported the development. […]
Outreach – including meetings with stakeholders – on its advance notice of proposed rulemaking (ANPR) for reforming anti-redlining regulations will be held by the Federal Reserve over the next three months, the point person for […]
Fragility and funding stress in nonbank financial sectors during the coronavirus crisis – resembling the same effects to the same sectors during the global financial crisis of 10 years ago – highlights the importance of […]
Farmers Bank & Trust Company (Blytheville, Ark.) was required to pay a $12,000 civil money penalty under a Nov. 6 order by the Federal Reserve Board citing the bank for violations of federal flood insurance […]
The 2020 schedule of prices for payment services provided to depository institutions (priced services) will be maintained in 2021, the Federal Reserve said Tuesday, with one exception: the check services participation fee, which will see […]
Lending standards were largely tightened for both businesses and households during the third quarter, according to a report issued Monday based on responses from senior bank loan officers. In its October 2020 Senior Loan Officer […]
While probably not at the top of the list of priorities for the apparent winner of the 2020 president election, his new administration will have decisions to make about who leads, or serves on the […]
The coming week will bring updates on financial regulatory agencies’ activities and plans for supervision, including COVID-19 response, during two oversight hearings on Capitol Hill, with all four financial institution prudential regulators set to testify […]
The Senate Committee on Banking, Housing, and Urban Affairs will meet remotely to conduct a hearing, “Oversight of Financial Regulators.” Witnesses will be Federal Reserve Board Vice Chair for Supervision Randal K. Quarles; Acting Comptroller of […]
Economic conditions have stabilized, but uncertainty for the financial system persists, a report issued Friday by the Federal Reserve stated, in advance of its top supervisor’s testimony on Capitol Hill. Also Friday, the Fed said […]
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