Tag Archives: federal reserve

N.Y. Fed Sees Rise in Credit Rejection Rates

Individuals who have applied for credit reported higher rejection rates in June than they reported in February, according to the Federal Reserve Bank of New York's latest Credit Access Survey released today, which gauges consumers' experiences and expectations regarding credit over the previous year.

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Fed Gov. Powell Highlights Focal Points for Reg Reform

Noting the progress made over the last several years to improve the strength and resiliency of the U.S. financial system, Federal Reserve Governor Jerome Powell today pointed to several key areas that the Fed is currently focusing on for regulatory reform.

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ABA Commends Congressional Effort to Reform Dodd-Frank

As the House Financial Services Committee prepares to begin the markup of the Financial Choice Act tomorrow, ABA President and CEO Rob Nichols wrote to committee leadership commending them for their efforts to address the negative consequences of the Dodd-Frank Act.

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