Rule published by Federal Reserve System on April 17

Rule published by Federal Reserve System on April 17

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The US Federal Reserve System published a two page rule on April 17, according to the U.S. Government Publishing Office.

The rule is focused on Truth in Savings; Correction.

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 April 17

Title
Truth in Savings; Correction
Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

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