Fed’s Barr: CRA rule provides more clarity on project eligibility
The recently unveiled Community Reinvestment Act modernization rule will provide greater clarity to banks about what actions regulators will count ...
Tag: Federal Reserve
Lawmakers urge Fed to delay debit card fee proposal
The Federal Reserve should delay any proposals on debit card fees due to a lack of adequate data to support ...
Fed proposes lowering debit card fee cap, revisiting figure on biennial basis
The Federal Reserve proposed to significantly lower the cap on debit card interchange fees earned by banks and institute a ...
Banking agencies release guidance for climate-related financial risk management
The FDIC, Federal Reserve and Office of the Comptroller of the Currency released interagency guidance for managing climate-related risk at financial ...
Banking regulators release CRA final rule
The Federal Reserve, FDIC and OCC released the final rule to modernize how they assess compliance with the Community Reinvestment ...
Fed: Banks remain resilient but risks persist
The banking system remained sound and resilient as risk-based capital ratios remained close to average levels over the past decade, ...
ABA, associations urge Fed to reject changes to debit fee cap
In a joint letter, ABA and eight banking and credit union associations urged the Federal Reserve to reject merchant requests ...
Agencies extend comment period on proposed capital requirements
The FDIC, Federal Reserve and OCC announced that they have extended the period for public comment on the proposed capital ...
Barr: Fed to use exploratory scenarios, market shocks in stress tests
The Federal Reserve is developing “both exploratory macroeconomic scenarios and exploratory market shocks” for use in next year’s stress tests, ...
Powell pleased with progress in reducing inflation
Federal Reserve Chairman Jerome Powell pointed to several economic indicators suggesting progress in the Fed’s goal of lowering inflation to ...
