Hearing: House Financial Services Committee (Fed’s semiannual monetary policy report)
The full House Financial Services Committee will hold a hearing, “Monetary Policy and the State of the Economy.”)
Powell
The Fed
Fed chairman suggests CRA rule reform would be path to encourage service to rural, underserved areas
The financial needs of many rural and underserved communities may be overlooked, particularly as banks deploy online and other “non-branch delivery systems,” but revisions to rules implementing anti-redlining law may be a way to encourage […]
Hearing: Senate Banking Committee (Fed’s semiannual monetary policy report)
Semiannual Monetary Policy Report to the Congress THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION to conduct a hearing on “The Semiannual Monetary Policy Report to the Congress.” The witness will […]
The Fed
Powell has key message in town hall: Fed is ‘strictly’ non-political in actions, decision-making
If there’s one thing the chairman of the Federal Reserve Board wants the public to know, it’s that the central bank’s actions – and the policy decisions made by the board and carried out by […]
The Fed
Fed won’t consider politics in FOMC decisions, Powell tells Trump
Monday evening’s meeting between the chairman of the Federal Reserve Board and the president of the United States publicly (at least) resulted in a common theme: The leader of the central bank’s board citing independence […]
CFPB
Comments due on R.E. appraisals, proposed Reg CC changes; Powell, Quarles slated to speak; NCUA agenda to come
The public comment periods close this week on banking agencies’ proposal to raise the real estate appraisal threshold for banks to $400,000 and, separately, a proposed adjustment in the funds-availability amounts under Regulation CC. Both […]
The Fed
Powell: Fed is human, makes mistakes – ‘but we’re not going to make mistakes of character or integrity’
The Federal Reserve cares only about “doing its job for the American people” and “never takes political considerations into account” as part of its work, the chairman of the central bank’s board said Wednesday. Fed […]
The Fed
Bills would officially change Fed leader’s title to ‘chair,’ address diversity for leadership at Reserve Banks
The leader of the Federal Reserve Board would be referred to as “chair” (rather than “chairman”), and the 12 Federal Reserve banks would be required to interview at least one minority and one female candidate […]
The Fed
Powell cites transparency, accountability as key attributes to Fed actions
The importance of the Federal Reserve having relationships with the “other independent regulatory agencies” the Congress and the administration – and the need for transparency and accountability – were outlined by the chairman of the […]
Speech: Federal Reserve (Chairman Powell)
Federal Reserve Board Chairman Jerome H. (“Jay”) Powell Discussion: Economic Club of Washington (following luncheon) Renaissance Hotel, 999 Ninth Street NW, Washington, D.C.