Industrial production fell in May
Industrial production decreased 0.2% in May from the previous month, the Federal Reserve reported.
Tag: Federal Reserve
Banking agencies seek public comment on strategies to combat payments fraud
The FDIC, Federal Reserve and OCC issued a request for comment on potential actions to help consumers, businesses and financial ...
Proposal to end Fed interest payments to banks faces pushback
Senate Banking Committee Chairman Tim Scott (R-S.C.) said a proposal to prevent the Federal Reserve from paying interest to banks ...
Trade groups: Financial agencies’ handling of data needs ‘significant reform’
Financial institutions are legally required to share sensitive, proprietary and nonpublic information with their regulators as part of the supervisory ...
Bowman sworn in as Fed vice chair for supervision
A former state bank supervisor and community bank executive, Bowman has been a Fed governor since 2018. She has spoken ...
Bowman outlines priorities as Fed vice chair for supervision
Bowman called for a reemphasis on regulatory tailoring, a rethinking of capital requirements, a review of many regulations enacted in ...
ABA Viewpoint: Making the endgame a real endgame
If U.S. regulators move forward on the Basel III endgame, they must roll back redundant rules that over-complicate the capital ...
Senate confirms Bowman as Fed vice chair for supervision
The Senate voted to confirm Federal Reserve Governor Michelle Bowman as vice chair for supervision. The position was previously filled ...
Beige Book: Overall economic activity slows
Economic activity has declined slightly since April, with six of the 12 Federal Reserve districts reporting slight to moderate declines ...
Fed: One in five Americans victims of financial fraud, scams
More than one in five U.S. adults have experienced financial fraud or scams involving their money, with older adults more ...
