Fed vice chair to recommend substantial changes to Basel III capital requirements, repropose the rules
Fed Vice Chairman for Supervision Michael Barr outlined a series of sweeping changes that he will recommend to the proposed ...
Tag: Federal Reserve
Consumer credit increased 6% in July
Consumer credit increased at a seasonally adjusted annual rate of 6% in July, the Federal Reserve reported.
Fed seeks public feedback on discount window operations
The Federal Reserve is seeking public input about the operational practices of the discount window, including the collection of legal ...
ABA: Financial regulators acted outside legal bounds in proposing financial data standards
A proposed rule to establish uniform financial data standards across regulatory agencies is flawed because it failed to consider using ...
ABA suggests splitting proposal to expand Fedwire, NSS operating hours
ABA said it supports a proposal to expand the operating hours of the Fedwire Funds Service but had concerns about ...
Beige Book: More Fed districts report flat economic activity
Economic activity grew slightly in three Federal Reserve districts since July while the number of districts that reported flat or ...
Philadelphia Fed President Harker to step down
The Federal Reserve Bank of Philadelphia announced that President and CEO Patrick Harker will step down on June 30, 2025, ...
Fed’s Waller: FedNow grows to nearly 1,000 institutions
Nearly 1,000 depository institutions are using FedNow roughly a year after its implementation, Federal Reserve Governor Christopher Waller said.
Federal Reserve announces final individual capital requirements for large banks
The Federal Reserve announced the final individual capital requirements for all large banks, effective Oct 1. The requirements are informed ...
Fed’s Powell: ‘Time has come’ for rate cuts
With inflation easing and the labor market cooling, “the time has come for policy to adjust,” Federal Reserve Chairman Jerome ...
