Federal Reserve Bank of San Francisco

GOP senator says research by San Francisco Fed is 'mission creep'


Sen. Pat Toomey, R-Pa., warned the regional Federal Reserve bank that its papers about environmental, social and corporate governance policies hurt its ability to stay neutral on partisan issues.



Recovery could take 4 years if virus contained, Fed’s Daly says


The U.S. economy can escape another decade-long slog back to health if strong public measures or a vaccine curb virus surges, Federal Reserve Bank of San Francisco President Mary Daly said.


FHLB of San Francisco offers aid for banks fighting pandemic strains


The Home Loan bank will make zero-interest loans, match charitable donations that members make to nonprofits and small businesses, and provide additional funding for economic development grants.


Agencies cancel community reinvestment conference due to coronavirus


The banking regulators have announced that they are postponing next week’s National Interagency Community Reinvestment Conference because of growing health concerns about the virus outbreak.


When a small town loses its only bank


The people of tiny Duncan, Ariz., have found creative ways to adapt to life in a banking desert, but their experience augurs a worrisome future for many other rural communities.


U.S. banking regulators taking harder look at climate change


In recent months federal regulators have been speaking out on the risks that extreme weather events pose to the financial system, something their European counterparts have been doing for some time.


CRA credit for fighting climate change: One Fed bank's suggestion


As policymakers mull ways to update the 42-year-old Community Reinvestment Act, economists at the San Francisco Fed have put forth a novel proposal.


San Francisco Fed says banks could weather a big hit to housing


America's banks could largely weather a major housing downturn, a new Federal Reserve Bank of San Francisco analysis finds, and that includes thousands of smaller lenders who typically have higher exposure to real estate.


Union Bankshares, Goldman Sachs and First Horizon: Bankers on the move


Several female executives accepted leadership roles throughout the industry and in regulatory roles during the past month.