Tag Archives: federal reserve

N.Y. Fed Sees Uptick in Credit Rejection Rates

Individuals who have applied for credit are reporting higher rejection rates in October than they reported in June, according to the Federal Reserve Bank of New York's latest Credit Access Survey released on Friday.

Read More »

GAO Report Finds Flaws in Fed’s Stress Test Frameworks

Inadequate transparency, flaws in scenario design and model risk management issues surrounding the Federal Reserve’s Dodd-Frank Act Stress Test and Comprehensive Capital Analysis and Review programs could be limiting their overall effectiveness, according to a report released today by the Government Accountability Office.

Read More »

Banker, Fed Chiefs Defend Bankers’ Role on Regional Fed Boards

With many activist groups targeting the century-old inclusion of bankers on the boards of the 12 regional Federal Reserve Banks, a midsize community bank CEO and two regional Fed presidents strongly defended bankers’ contributions to Fed governance at a House Financial Services subcommittee hearing today.

Read More »

ABA Members Named to 2017 Fed Advisory Council

The Federal Reserve today announced the members of its 2017 Community Depository Institutions Advisory Council, including two ABA member bank executives who will serve as the panel’s president and vice president.

Read More »