House Republicans ask Fed to reconsider approach to recirculating pennies
House Republicans said they are concerned by the Federal Reserve’s decision to cease accepting penny deposits or orders at many ...
Tag: Federal Reserve
Fed releases report on debit card interchange fee revenue
U.S. payment card networks processed 100.7 billion debit and general-use prepaid card transactions valued at $4.7 trillion in 2023, representing ...
Fed seeks feedback on proposed ‘skinny’ accounts for payment services
The Federal Reserve is seeking comment on whether to create a new “payment account” category that certain financial institutions could ...
OCC, FDIC issue clarification on lending to bank insiders
The OCC and FDIC said they will not take action against banks for extensions of credit to complex-controlled portfolio companies ...
Fed publishes staff manual for supervision of large banks
As part of a new push to increase transparency, the Federal Reserve made public the first of several staff manuals ...
Fed rescinds guidelines for weighing crypto requests from non-FDIC insured banks
The Federal Reserve rescinded a 2023 statement on how it would evaluate requests from non-FDIC insured banks to engage in ...
Banking agencies announce annual threshold adjustments
Agencies announced the 2026 dollar thresholds for higher-priced mortgage loans subject to special appraisal requirements, Regulation Z and Regulation M ...
Fed reappoints regional presidents
The Federal Reserve board unanimously reappointed the Reserve Bank presidents and first vice presidents. By law, all presidents and first ...
ABA, associations ask Fed to withdraw proposal to lower debit card fee cap
ABA and eight financial sector associations are urging the Federal Reserve to withdraw a two-year-old proposal to lower the cap ...
New York Fed: Inflation expectations unchanged in November
Consumer inflation expectations in November remained unchanged at the short-, medium- and longer-term horizons, although consumers expect medical costs to ...
