Federal Reserve

Libra takes a beating on Capitol Hill (again)

07/11/19

For the second straight day, concerns about Facebook's cryptocurrency project dominated lawmakers’ questioning of Federal Reserve Chairman Jerome Powell.

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The Fed’s remarkable turnaround on CRA

07/11/19

The central bank has a long history of fighting reforms to the Community Reinvestment Act, until now.

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Powell throws down gauntlet on Facebook’s Libra project

07/10/19

The Federal Reserve chairman said the social media giant’s cryptocurrency plan “cannot go forward” without improved regulatory controls.

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Powell says he won't resign as lawmakers defend independent Fed

07/10/19

The Fed chairman's exchange with House lawmakers Wednesday comes amid President Trump's criticism of Powell and the central bank’s policy decisions.

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Regulators exempt community banks from Volcker rule

07/09/19

Bank regulators finalized a proposal to exclude small institutions from the proprietary trading ban, as required by last year’s reg relief bill.

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Simplified stress test metric will be ready by 2020: Fed’s Quarles

07/09/19

The Federal Reserve last year proposed consolidating many of the measures of a bank’s capital strength into a single “stress capital buffer.”

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Kudlow says Powell's job is safe, no effort to remove him

07/09/19

Federal Reserve Chairman Jerome Powell’s job is safe for now, according to Larry Kudlow, top economic adviser to President Donald Trump.

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Banks push for greater relief on foreign bank regs, living wills

07/07/19

The industry is urging federal regulators to go further in streamlining oversight of foreign banks and resolution-planning requirements. Critics warn that the proposals could weaken post-crisis safeguards.

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Lending to nonbank lenders is growing — maybe too much

07/05/19

Loans to other financial firms have soared in recent years, and many are going to private equity or business development firms that then use the funds to make leveraged loans. Should regulators be worried?

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Simplified call report set to take effect Sept. 30

07/05/19

The new rule, subject to approval by the Office of Management and Budget, would enable FDIC-supervised institutions with less than $5 billion in assets to use a shorter form every other quarter.

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