Tag Archives: federal reserve

Fed Issues Dividend Final Rule

The Federal Reserve today published in the Federal Register a final rule implementing a controversial provision of last December’s highway bill that substantially cuts the dividends paid on the Federal Reserve Bank stock that national banks and other Fed member banks are required to hold.

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N.Y. Fed Sees Uptick in Credit Rejection Rates

Individuals who have applied for credit are reporting higher rejection rates in October than they reported in June, according to the Federal Reserve Bank of New York's latest Credit Access Survey released on Friday.

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GAO Report Finds Flaws in Fed’s Stress Test Frameworks

Inadequate transparency, flaws in scenario design and model risk management issues surrounding the Federal Reserve’s Dodd-Frank Act Stress Test and Comprehensive Capital Analysis and Review programs could be limiting their overall effectiveness, according to a report released today by the Government Accountability Office.

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Banker, Fed Chiefs Defend Bankers’ Role on Regional Fed Boards

With many activist groups targeting the century-old inclusion of bankers on the boards of the 12 regional Federal Reserve Banks, a midsize community bank CEO and two regional Fed presidents strongly defended bankers’ contributions to Fed governance at a House Financial Services subcommittee hearing today.

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