Top Regulators Discuss Potential Improvements to Bank Supervision
In remarks at an industry event today, Federal Reserve Vice Chairman for Supervision Randal Quarles discussed possible ways to improve ...
Tag: Federal Reserve
Agencies Finalizes Resolution Plan Guidance for Certain FBOs
The FDIC and Federal Reserve today finalized guidance for the resolution plans submitted by certain foreign banking organizations starting with ...
ABA Supports Recent Clarifications to LISCC List
ABA joined three other banking and finance trade groups in a letter to the Federal Reserve in response to recent ...
Biden Taps Former Fed Chair Yellen for Treasury Secretary
President-Elect Joe Biden today announced that he will nominate former Federal Reserve Chair Janet Yellen to serve as Treasury secretary. ...
Fed to Extend Some Lending Facilities Through March
The Federal Reserve today announced that it would extend several lending facilities that were set to expire on or around ...
Fed Updates MSLP FAQs to Address Termination of Facilities
With the Main Street Lending Program set to wind down at year-end, the Federal Reserve updated its frequently asked questions ...
ABA Urges Withdrawal of Proposed Rule Lowering Reporting Threshold for Funds Transfers
ABA urged the Federal Reserve and the Financial Crimes Enforcement Network today to withdraw a proposed rule that would reduce ...
Bowman: Nonbank Mortgage Regulatory Framework Needs Work
Federal Reserve Governor Michelle Bowman said in a speech today that regulators need to revisit the regulatory framework for nonbank ...
Fed to Hold Most Payments Services Fees Steady for 2021
The Federal Reserve announced today that it will maintain its current fee schedules for priced services for most payments services ...
Fed: Banks Are the ‘Shock Absorbers’ of Real Economy as Pandemic Continues
The nation’s banks have been the “shock absorbers” for the real economy as the pandemic causes turmoil in financial markets, ...
