By Fed Newswire | Mar 2, 2009
News Release: Washington, D.C. -- The U.S. Treasury Department and the Federal Reserve Board today announced a restructuring of the government's assistance to AIG in order to stabilize this systemically important company in a manner that best protects the U.S. taxpayer. Specifically, the government's restructuring is designed to enhance the company's capital and liquidity in order to facilitate the orderly completion of the company's global divestiture program.
By Fed Newswire | Feb 27, 2009
News Release: Daniel K. Tarullo was formally sworn in as a member of the Board of Governors of the Federal Reserve System at a ceremony Friday in the atrium of the Board's main building in Washington.
By Fed Newswire | Feb 27, 2009
News Release: The Federal Reserve Board on Friday announced the issuance of a consent Cease and Desist Order against FSB Bancorp, Inc., Altus, Oklahoma, a registered bank holding company.
By Fed Newswire | Feb 26, 2009
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Cape Fear Bank Corporation, Wilmington, North Carolina, a registered bank holding company, and the Federal Reserve Bank of Richmond.
By Fed Newswire | Feb 25, 2009
News Release: The federal bank regulatory agencies announced today that they will start conducting forward-looking economic assessments of large U.S. banking organizations as the Capital Assistance Program (CAP) gets underway. These assessments will be done on an interagency basis as a coordinated supervisory exercise ...
By Fed Newswire | Feb 24, 2009
News Release: On Feb. 23, 2009, the Federal Reserve conducted an auction of $150 billion in 84-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 0.250 percent Total propositions submitted: $111.683 billion Total propositions accepted: $111.683 billion Bid/cover ...
By Fed Newswire | Feb 24, 2009
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meeting on Jan. 26, 2009.
By Fed Newswire | Feb 23, 2009
News Release: The Federal Reserve Board on Monday launched a new section of its website expanding the information provided about the policy tools the Federal Reserve has employed to address the financial crisis and simplifying access to that information. The website section--“Credit and Liquidity Programs and the ...
By Fed Newswire | Feb 23, 2009
News Release: On Feb. 23, 2009, the Federal Reserve will offer $150 billion in 84-day credit through its Term Auction Facility. Additional information regarding the auction is listed below; the auction will be conducted as specified in this announcement, Regulation A, and the terms and conditions of the Term Auction Facility (www.federalreserve.gov/monetarypolicy/taf.htm).
By Fed Newswire | Feb 23, 2009
News Release: The U.S. Department of the Treasury, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Office of Thrift Supervision, and the Federal Reserve Board today issued the following joint statement: "A strong, resilient financial system is necessary to facilitate a ...
By Fed Newswire | Feb 19, 2009
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Corus Bankshares, Inc., Chicago, Illinois, a registered bank holding company, and the Federal Reserve Bank of Chicago.
By Fed Newswire | Feb 19, 2009
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Polk County Bancorporation, Inc., Johnston, Iowa, a registered bank holding company, and the Federal Reserve Bank of Chicago.
By Fed Newswire | Feb 19, 2009
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Temecula Valley Bancorp Inc., Temecula, California, a registered bank holding company, and the Federal Reserve Bank of San Francisco.
By Fed Newswire | Feb 19, 2009
News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Florida Community Banks, Inc., Immokalee, Florida, a registered bank holding company, and the Federal Reserve Bank of Atlanta.
By Fed Newswire | Feb 18, 2009
News Release: The Federal Reserve on Wednesday released, for the first time, longer-run economic projections made by Federal Open Market Committee (FOMC) participants--the Federal Reserve Board members and Federal Reserve Bank presidents--in connection with their regular quarterly projections.
By Fed Newswire | Feb 17, 2009
News Release: The Federal Reserve Board has approved amendments to Appendix A of Regulation CC that reflect the restructuring of the Federal Reserve's check processing operations in the Third and Fifth Districts.
By Fed Newswire | Feb 13, 2009
News Release: The Federal Open Market Committee on Friday announced it would expand its March, August, September, and December meetings in 2009 to two days to allow additional time for discussion. Thus, all eight scheduled meetings in 2009 now are planned for two days.
By Fed Newswire | Feb 10, 2009
News Release: The Federal Reserve Board on Tuesday announced that it is prepared to undertake a substantial expansion of the Term Asset-Backed Securities Loan Facility (TALF). The expansion could increase the size of the TALF to as much as $1 trillion and could broaden the eligible collateral to encompass other types ...
By Fed Newswire | Feb 10, 2009
News Release: On February 9, 2009, the Federal Reserve conducted an auction of $150 billion in 28-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 0.250 percent Total propositions submitted: $142.448 billion Total propositions accepted: $142.448 billion Bid/cover ...
By Fed Newswire | Feb 9, 2009
News Release: On February 9, 2009, the Federal Reserve will offer $150 billion in 28-day credit through its Term Auction Facility. Additional information regarding the auction is listed below; the auction will be conducted as specified in this announcement, Regulation A, and the terms and conditions of the Term Auction Facility (www.federalreserve.gov/monetarypolicy/taf.htm).
