Federal Reserve Chairman Jerome Powell today said there was “less volatility” on the Fed board before the creation of a vice chairman for supervision, and that volatility is not helpful for the financial institutions it regulates.
The Consumer Price Index rose 0.5% in January after rising 0.4% the previous month, and increased 3% over the past year, the Labor Department said.
President Trump has sent to the Senate the nominations of Jonathan Gould to be comptroller of the currency and Jonathan McKernan to be director of the CFPB, according to news reports.
ABA's Jeff Huther and Sharon Whitaker rebut a false narrative about how banks are managing commercial real estate credit risk.
The NFIB Small Business Optimism Index fell by 2.3 points in January to 102.8, although it remained above the 51-year average of 98, the National Federation of Small Business said.
Intercity State Bank in Schofield, Wisconsin, will be absorbed by One Community Bank in Oregon, Wisconsin. Both are owned by the Bosshard family.
