Stories by Fed Newswire on Federal Newswire


Federal Reserve issues FOMC statement

News Release: Overall economic activity appears to have picked up after edging down in the first quarter. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures.


Federal Reserve Board and Federal Open Market Committee release economic projections from the June 14-15 FOMC meeting

News Release: The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the June 14-15 meeting.


“Highlights + Senate” was published on pages D700-D703 of the Congressional Record on June 23.


“MESSAGE FROM THE HOUSE” published by the Congressional Record in the Senate section on June 21

“MESSAGE FROM THE HOUSE“ was published in the Senate section on page S3029 on June 21


Federal Reserve Board issues enforcement action with former institution-affiliated party of Golden Pacific Bancorp, Inc.

News Release: The Federal Reserve Board on Friday announced that it had prohibited Karl K. Klessig from future participation in the banking industry for fraud in his application to acquire control of Golden Pacific Bancorp, Inc., a former bank holding company in Sacramento, California.


Federal Open Market Committee announces its tentative meeting schedule for 2023

News Release: The Federal Open Market Committee on Friday announced its tentative meeting schedule for 2023: January 31-February 1 (Tuesday-Wednesday) March 21-22 (Tuesday-Wednesday) May 2-3 (Tuesday-Wednesday) June 13-14 (Tuesday-Wednesday) July 25-26 (Tuesday-Wednesday) September 19-20 (Tuesday-Wednesday) October 31-November 1 (Tuesday-Wednesday) December 12-13 (Tuesday-Wednesday) January 30-31, 2024 (Tuesday-Wednesday) For media inquiries, e-mail [email protected] or call 202-452-2955.


Federal Reserve Board announces approval of application by Bank First Corporation

News Release: The Federal Reserve Board on Wednesday announced its approval of the application by Bank First Corporation, Manitowoc, Wisconsin, to merge with Denmark Bancshares, Inc., and thereby indirectly acquire its subsidiary bank, Denmark State Bank, both of Denmark, Wisconsin.


Federal Reserve Board issues enforcement actions with Evolve Bank & Trust and North American Banking Company

News Release: The Federal Reserve Board on Tuesday announced the execution of the enforcement actions listed below: Evolve Bank & Trust, West Memphis, Arkansas Flood insurance violations, civil money penalty, dated June 15, 2022 North American Banking Company, Roseville, Minnesota Flood insurance violations, civil money penalty, dated June 15, 2022 Additional enforcement actions can be searched for here.


Public notice: Federal Reserve System publishes 1 in week ending June 18

There was one notice published by the Federal Reserve System in week ending June 18, according to the Federal Register.


Federal Reserve Board approves discount rate actions by the Boards of Directors of the Federal Reserve Banks of Atlanta and San Francisco

News Release: The Federal Reserve Board approved action on Friday by the Boards of Directors of the Federal Reserve Banks of Atlanta and San Francisco increasing the discount rate, specifically the primary credit rate, at the Banks from 1 percent to 1-3/4 percent, effective immediately.


Federal Reserve Board issues enforcement action with former employee of Arvest Bank

News Release: The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Consent prohibition order against Nicole Moore Former employee of Arvest Bank, Fayetteville, Arkansas Coronavirus Aid, Relief, and Economic Security, or CARES, Act loan fraud Additional enforcement actions can be searched for here.


The US Federal Reserve System published a one page notice on June 14, according to the U.S. Government Publishing Office.


Public press releases: Federal Reserve System publishes 17 in May

There were 17 press releases published by the Federal Reserve System in May.


7 notices published in week ending June 11 by Federal Reserve System

There were seven notices published by the Federal Reserve System in week ending June 11, according to the Federal Register.


There is one release scheduled to be published on June 13.


Federal Reserve System discusses Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company on June 8

The US Federal Reserve System published a one page notice on June 8, according to the U.S. Government Publishing Office.


Formations of, Acquisitions by, and Mergers of Bank Holding Companies discussed on June 8 by Federal Reserve System

The US Federal Reserve System published a two page notice on June 8, according to the U.S. Government Publishing Office.


There is one release scheduled to be published on June 10.


Federal Reserve announces it will soon release second tool to help community financial institutions implement the Current Expected Credit Losses (CECL) accounting standard

News Release: The Federal Reserve announced on Tuesday it will soon release a second tool to help community financial institutions implement the Current Expected Credit Losses, or CECL, accounting standard.


Federal Reserve Board announces approval of application by United Texas Bank

News Release: The Federal Reserve Board on Tuesday announced its approval of the application by United Texas Bank, Dallas, Texas, to establish a branch in Dallas, Texas.