ABA, associations ask agencies to commit to reproposing conflicting Genius Act rules
As the various federal banking agencies race to establish separate regulations for stablecoin issuers, they should be open to reproposing ...
Tag: Federal Reserve
House Republicans ask Fed to speed up bank merger application reviews
Republicans on the House Financial Services Committee urged the Federal Reserve to continue to make progress in reducing the time ...
ABA, CBA urge Fed to strengthen safeguards for proposed ‘payment accounts’
The Federal Reserve’s proposed payment account framework is a prudent approach to responsible innovation if additional safeguards are adopted to ...
Banking agencies promise new approach for handling sensitive information
The Federal Reserve, FDIC and OCC announced a “coordinated approach” for handling sensitive information used in bank examinations, including a ...
Fed’s Warsh: Tailored regulation best supports domestic banking sector
In his first appearance before Congress as head of the Federal Reserve, Chairman Kevin Warsh stressed the need for tailored ...
Federal Reserve announces leadership and objectives of its task forces
Supported by Fed staff, the task forces “will operate independently, with a mandate to follow the evidence, provide candid feedback, ...
Despite Fed vote to keep rates steady, FOMC minutes show divide
Federal Reserve officials seemed to be divided over interest rates according to minutes released from the Federal Open Market Committee ...
Fed seeks comments on changes to AML program rules, aligns with other agencies
Among other changes, the proposal would require banks to focus their anti-money laundering resources based on risk, with more attention ...
Fed: Noncash payments continue to grow, credit cards more frequently used
The number of noncash payments more than tripled since 2000, with credit cards now outpacing debit cards in growth in ...
Warsh weighs in on Fed independence, inflation
Federal Reserve Chairman Kevin Warsh said the public will “see no changes” in Fed independence and that prices remain “too ...
