Fed Releases CRA Data Tables
As previewed in a speech earlier this year by Federal Reserve Governor Lael Brainard, the Fed today published new Community...
Policy
Fed Finalizes Stress Capital Buffer Proposal, Completing Overhaul of Stress Test Framework
The Federal Reserve today released a long-awaited final rule simplifying the complex stress testing and capital planning framework for the...
Iowa Bank Regulator Blocks Credit Union Acquisition of Bank Assets, Branches
The Iowa Division of Banking on Monday blocked the sale of First American Bank’s remaining Iowa-based assets and branches to...
Fed Announces Emergency Rate Cut Amid Coronavirus Fears
Acknowledging the “evolving risks” that the coronavirus outbreak poses to the U.S. economy, the Federal Open Market Committee unanimously voted...
Financial Regulators Issue CECL Policy Statement
As banks work to implement the current expected credit loss accounting standard, the financial regulatory agencies have finalized an interagency...
USDA to Delay Certain Requirements for Industrial Hemp Producers
The Department of Agriculture announced last week that it will delay the enforcement of certain requirements of a December 2019...
ABA Opposes Prohibition of ‘Post-Trade Name Give-Ups’ for Anonymous Swaps
In a comment letter to the Commodity Futures Trading Commission today, ABA urged the agency not to move forward with...
Senate Banking Committee Chairman Added to ABA Summit Lineup
Sen. Mike Crapo (R-Idaho) has been added as a keynote speaker at the ABA Washington Summit, to be held March...
As Agencies Revisit CAMELS, ABA Urges More Transparency
ABA today welcomed the Federal Reserve and FDIC’s effort to revisit the 41-year-old CAMELS uniform rating system and urged the...
Bowman: Fed Eyeing Updates to Third-Party Guidance
In a speech at the Federal Reserve Bank of Atlanta today, Federal Reserve Governor Michelle Bowman discussed how the Fed...
