Public notices: Federal Reserve System publishes 3 in week ending May 27

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Public notices: Federal Reserve System publishes 3 in week ending May 27

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There were three notices published by the Federal Reserve System in week ending May 27, according to the Federal Register.

The most recent notice, Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, was submitted on May 26, 2023.

The Federal Reserve System published six the week before, marking a 50 percent decrease.

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 in week ending May 27

TitlePublication Date
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company05/26/2023
Formations of, Acquisitions by, and Mergers of Bank Holding Companies05/24/2023
Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities05/23/2023

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