What did Federal Reserve System publish on Aug. 18?

Webp politics 2010 20edited

What did Federal Reserve System publish on Aug. 18?

ORGANIZATIONS IN THIS STORY

The US Federal Reserve System published a one page notice on Aug. 18, according to the U.S. Government Publishing Office.

The notice is focused on Acquisition of Shares of Banks or Bank Holding Companies.

The Federal Reserve is the US's central bank, expanding many times during great financial uncertainty and panic. It has faced numerous criticisms since its creation in 1913, such as making the Great Depression worse and for lacking transparency and audits.

Notices are required documents detailing rules and regulations being proposed by each federal department. This allows the public to see what issues legislators and federal departments are focusing on.

Any person or organization can comment on the proposed rules. Departments and agencies must then address “significant issues raised in comments and discuss any changes made,” the Federal Register says.

Notices published by the Federal Reserve System on Aug. 18

Title
Stichting Prioriteit ABN AMRO Holding, et al.; Acquisitions of Companies Engaged in Permissible Nonbanking Activities
Premier Bancorp, Inc.; Formation of, Acquisition by, or Merger of Bank Holding Companies
Community First Bankshares, Inc.; Notice of Application to Engage de novo in Permissible Nonbanking Activities
Acquisition of Shares of Banks or Bank Holding Companies

ORGANIZATIONS IN THIS STORY

More News