By Fed Newswire | Mar 15, 2020
News Release: The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements.
By Fed Newswire | Mar 15, 2020
News Release: The Federal Reserve is carefully monitoring credit markets and is prepared to use its full range of tools to support the flow of credit to households and businesses and thereby promote its maximum employment and price stability goals. In addition to actions taken by the Federal Open Market Committee, ...
By Fed Newswire | Mar 15, 2020
News Release: The coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States. Global financial conditions have also been significantly affected. Available economic data show that the U.S. economy came into this challenging period on a strong footing. ...
By Fed Newswire | Mar 12, 2020
News Release: The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Tennessee Department of Financial Institutions, collectively the agencies, recognize the serious impact of ...
By Fed Newswire | Mar 9, 2020
News Release: Federal financial institution regulators and state regulators today encouraged financial institutions to meet the financial needs of customers and members affected by the coronavirus. The agencies recognize the potential impact of the coronavirus on the customers, members, and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision.
By Fed Newswire | Mar 6, 2020
News Release: The Federal Deposit Insurance Corporation and the Federal Reserve Board on Friday invited public comment on proposed changes to the guidance for resolution plans submitted by large foreign banks, including plans that are due by July 1, 2021. The updates focus on the agencies' expectations around a firm's derivatives and trading activities and payment, clearing, and settlement activities.
By Fed Newswire | Mar 6, 2020
News Release: The Federal Reserve Board on Friday released a series of Community Reinvestment Act (CRA) Analytics Data Tables. This data resource is intended to provide insight into the historical relationship between bank lending activity and regulatory assessments.
By Fed Newswire | Mar 5, 2020
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement actions listed below: City National Bancshares Corporation, Newark, New Jersey Written Agreement, dated Dec. 14, 2010 Terminated Feb. 25, 2020 Community Financial Holding Company, Inc., Duluth, Georgia Written Agreement, dated January 7, 2010 Terminated March 4, 2020 Additional enforcement actions can be searched for here.
By Fed Newswire | Mar 5, 2020
News Release: After careful consideration of the growing public health concerns associated with the coronavirus (COVID-19), the organizing sponsors of the 2020 National Interagency Community Reinvestment Conference (NICRC), scheduled March 9-12 in Denver, Colorado, have made the decision to postpone the conference.
By Fed Newswire | Mar 4, 2020
News Release: The Federal Reserve Board has approved actions on Wednesday by the Boards of Directors of the Federal Reserve Banks of Cleveland and Atlanta, decreasing the discount rate (the primary credit rate) at the Banks from 2-1/4 percent to 1-3/4 percent, effective immediately.
By Fed Newswire | Mar 4, 2020
News Release: The Federal Reserve Board on Wednesday approved a rule to simplify its capital rules for large banks, preserving the strong capital requirements already in place.
By Fed Newswire | Mar 3, 2020
News Release: The Federal Reserve Board has approved actions on Tuesday by the Boards of Directors of the Federal Reserve Banks of Boston, Philadelphia, Richmond, Chicago, St. Louis, Kansas City, Dallas, and San Francisco, decreasing the discount rate (the primary credit rate) at the Banks from 2-1/4 percent to 1-3/4 percent, effective March 4, 2020.
By Fed Newswire | Mar 3, 2020
News Release: The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. In light of these risks and in support of achieving its maximum employment and price stability goals, the Federal Open Market Committee decided today to lower the target range for the ...
By Fed Newswire | Feb 28, 2020
News Release: The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. The Federal Reserve is closely monitoring developments and their implications for the economic outlook. We will use our tools and act as appropriate to support the economy.
By Fed Newswire | Feb 25, 2020
News Release: The Federal Reserve Board on Tuesday released the minutes of its interest rate meetings on January 21 and Jan. 29, 2020.
By Fed Newswire | Feb 21, 2020
News Release: The 2020 National Interagency Community Reinvestment Conference takes place in Denver from March 9 to 12. The conference is hosted by the three federal banking agencies, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, and the Federal Reserve Banks of San Francisco, Kansas City, and Chicago.
By Fed Newswire | Feb 19, 2020
News Release: The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on January 28-29, 2020.
By Fed Newswire | Feb 13, 2020
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement actions listed below: Discover Financial Services, Riverwoods, Illinois Written Agreement, dated May 26, 2015 Terminated February 5, 2020 JPMorgan Chase & Co., New York, New York Cease and Desist Order dated Nov. 17, ...
By Fed Newswire | Feb 6, 2020
News Release: The Federal Reserve Board on Thursday released the hypothetical scenarios for the 2020 stress test exercises, which ensure that large banks have adequate capital and processes so that they can continue lending to households and businesses, even during a severe recession. The harshest scenario includes ...
By Fed Newswire | Feb 6, 2020
News Release: The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Farmers & Merchants Bank of Craig County, New Castle, Virginia Order of Assessment of a Civil Money Penalty, dated February 4, 2020 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.
