What did Federal Reserve System publish on Feb. 28?

What did Federal Reserve System publish on Feb. 28?

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The US Federal Reserve System published an eight page rule on Feb. 28, according to the U.S. Government Publishing Office.

The rule is focused on Stress Testing Policy Statement.

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 Feb. 28

Title
Amendments to Policy Statement on the Scenario Design Framework for Stress Testing
Stress Testing Policy Statement
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Enhanced Disclosure of the Models Used in the Federal Reserve's Supervisory Stress Test
Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB
Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB

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