Agencies propose highly anticipated CRA overhaul
The Federal Reserve, FDIC and OCC issued a much-anticipated joint notice of proposed rulemaking to modernize regulations implementing the Community ...
Tag: Federal Reserve
Fed announces 50 basis point rate hike
In a significant move today, the Federal Reserve announced that it will increase the target range for the federal funds ...
ABA to policymakers: Don’t undermine private-sector payments innovation
In a statement for the record of a House Financial Services Committee task force hearing, ABA urged lawmakers to “remain vigilant and deliberate” ...
Beige Book: Economic activity expands despite uncertainty
Economic activity expanded at a moderate pace between February and mid-April, though outlooks for future growth remained uncertain, given current ...
ABA and banking groups ask Treasury for flexibility in scheduling ECIP closing dates
The American Bankers Association and several trade groups sent a joint letter to Treasury Secretary Janet Yellen, once again urging ...
Biden taps Michael Barr to be Fed vice chairman for supervision
President Biden on Friday announced that he will nominate Michael Barr to serve as the next vice chairman for supervision ...
N.Y. Fed survey: Consumers bearish on short-term inflation and long-term income prospects
Consumers expect an uptick in short-term inflation, but longer-term decline, according to the Federal Reserve Bank of New York’s monthly ...
ABA, BPI urge SEC to consult Fed on share repurchase disclosure modernization
The American Bankers Association and the Bank Policy Institute filed a comment letter on two proposals issued recently by the ...
Fed Gov. Waller: Current Surge in Housing Costs and Previous Price Bubble Not Comparable
Today’s rise in housing prices not as risky to financial stability as the real estate bubble and crash of 2008, ...
Federal Banking Regulators Propose Modernizing Administrative Proceedings Rules
The Federal Reserve board, FDIC, OCC and NCUA proposed to update rules governing administrative proceedings for financial institutions to allow ...
