FOMC

Fed payments to Treasury fell in 2017 due to interest rate hikes

01/10/18

The Fed said Wednesday that the system paid roughly $80.2 billion to the Treasury in 2017, a 13% drop from a year earlier because of an increase in interest payments to member banks for reserve balances.

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Yellen dismisses concerns about regulatory chops of Fed’s new leaders

12/13/17

Despite concerns from Democrats about the bank regulatory views of Federal Reserve Board officials who will lead the central bank going forward, the current Fed chair said she is not worried.

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Trump taps economist Goodfriend for Fed seat

11/29/17

Marvin Goodfriend, a noted economist and former Richmond Fed official, was tapped to fill one of three vacancies on the Fed board.

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Fed interest payments to banks are here to stay, Yellen says

11/21/17

Federal Reserve chair Janet Yellen said interest on bank reserves should remain the central bank’s primary monetary policy tool

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N.Y. Fed chief to retire; TARP warrant windfall

11/06/17

William Dudley is leaving before his term is up; esoteric bank security pays off big.

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Will Yellen stay on at Fed as board member?

11/03/17

Many industry observers believe Federal Reserve Board Janet Yellen will retire from the central bank once her term as chair expires in February. But there are reasons she might stay.

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Trump makes it official, taps Powell to head Federal Reserve

11/02/17

Fed Gov. Jerome Powell, who was first nominated to the central bank by President Obama, is widely seen as a continuity choice.

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Trump kills CFPB arbitration rule; Blockchain MIA

11/02/17

Rule that would have made it easier for banks to be sued is repealed; a survey says the technology isn’t a priority for bank CIOs.

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Banks’ so-so quarter; JPM dips toe into fintech

10/18/17

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

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Small banks were better off in pre-crisis reg regime: Fed’s Bullard

10/17/17

The president of the St. Louis Fed said that regulators should go back to the pre-Dodd Frank framework for small banks, while warning about changes to the system as fintechs expand their presence.

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