News Topic: Federal Reserve

If President Trump picks Federal Reserve Board Gov. Jerome Powell as its next chair, it may represent the best of all worlds for bankers — a policymaker who will continue the central bank's monetary policy but be open to regulatory changes. ... Read full article

The OCC has terminated orders against three of Fulton's banks. The company, along with two other banks, still have BSA-related orders. ... Read full article

It's tough to be a bank director these days, as the public and elected officials hold the board responsible for misdeeds that occur on their watch. Turnover is up, and filling the seats is more of a challenge than ever. ... Read full article

It's been a decent year for banks, especially given the industry's return on assets hit a 10-year high. But there are signs it might not last. With Halloween near, here is a look at some potentially frightening developments that could keep ... Read full article

The Dodd-Frank Act’s $50 billion threshold for determining which banks are systemically important should be scrapped and replaced with an indicator test, according to the Office of Financial Research. ... Read full article

While stress testing can provide valuable insight into the strength and resilience of our financial system, regulators are increasingly acknowledging shortcomings in the post-crisis regime. ... Read full article

The race to be the next Federal Reserve chairman is rekindling an old feud between Kevin Warsh, one of the Trump administration's finalists, and Randal Quarles, the newest Republican appointee to the Fed board, according to several people familiar ... Read full article

Pence breaks tie to overturn rule prohibiting mandatory arbitration; depositors receiving higher rates in effort to retain them. ... Read full article

Banks are swapping out long-term holdings for short-term securities to manage interest rate risk. But in the process, they are sacrificing yield — and ammo they might need to pay more for deposits to retain customers. ... Read full article

Federal regulators’ 2013 guidance on leveraged lending should have been treated as a rule under the Congressional Review Act – and is now eligible for Congress to repeal, the Government Accountability Office said Thursday. ... Read full article

The Federal Reserve Board governor sketched out a future in which U.S. banks remain at the center of commercial transactions. ... Read full article

Federal regulators are moving forward with plans to finalize one of the last significant Obama-era rules governing long-term bank liquidity despite widespread expectations by banks that the proposal was all but dead. ... Read full article

Quarterly earnings at big five banks could have been worse; Chase to buy WePay, which helps online marketplaces and crowdfunding websites process payments. ... Read full article

President Trump said Tuesday that he has winnowed the number of candidates for the next Fed chair, including potentially reappointing Janet Yellen. ... Read full article

Under a joint order, lenders still have to document the value of properties in storm-affected regions, but they will not have to depend on appraisers. ... Read full article

Randal Quarlies becomes the first of President Trump's nominees to be confirmed to the Fed board and the first person to become vice chair of supervision at the central bank. ... Read full article

The release of the September meeting of the Federal Open Market Committee minutes reinforce concerns that the central bank doesn't fully grasp the interplay between monetary policy, inflation, and unemployment. ... Read full article

The Treasury Department is expanding its calls for overhauling regulation of the financial services sector, this time focusing on changes to the most significant rules surrounding securitization and derivatives. ... Read full article