Fed’s Bowman: Proposed bank merger reforms step in wrong direction
Recent proposals to reform the regulatory approval process for bank mergers and acquisitions may actually make the problem worse, as ...
Tag: Federal Reserve
Federal court pauses CRA rule implementation following ABA lawsuit
A federal judge in Texas issued a preliminary injunction against enforcing new rules implementing the Community Reinvestment Act in a ...
Audit shows Fed assets slid in 2023
Total assets of the Federal Reserve Banks as of Dec. 31, 2023, were approximately $7.8 trillion, a decrease of $0.7 ...
Agencies extend applicability date of certain Community Reinvestment Act rule provisions
Banking agencies jointly issued an interim final rule that extends the applicability date of certain provisions in the Community Reinvestment ...
Fed’s Barr says ‘broad’ changes coming to Basel III capital proposal
Federal Reserve Vice Chairman for Supervision Michael Barr said that regulators expect “broad and material” changes are coming to the ...
Rep. Gottheimer optimistic that changes coming to capital standards proposal
Rep. Josh Gottheimer (D-N.J.) said he was encouraged by Federal Reserve Chairman Jerome Powell’s recent comments that there will likely ...
ABA, associations release fact sheet on debit card interchange
ABA, the Bank Policy Institute and seven financial industry associations released a new “myth vs. fact” guide to debit card ...
Fix the frame, wipe the glass
Recent experience, particularly with the Bank Term Funding Program, shows how to improve the functioning of the Fed’s discount window ...
Regulators to waive certain appraisal requirements to assist in Maui recovery
Federal banking agencies will grant temporary exceptions to Financial Institutions Reform, Recovery and Enforcement Act appraisal requirements for real estate-related ...
Fed finalizes operational risk management rule for market utilities
The final rule is intended to address changes to the operational risk, technology and landscape in which FMUs operate that ...
