Jerome Powell

Fed seeks to clarify bank control framework


The Fed board unveiled a proposal Tuesday to standardize how investors owning less than one-quarter of a bank can determine who holds a "controlling" stake and therefore must register as a bank holding company.


Will reg relief plan bring back failure-related risks?


Despite consensus that regulators should ease so-called “living will” requirements by some degree, critics charge that a proposal by the Fed and FDIC could undo gains in making large banks easier to resolve.


Why are policymakers so afraid of the word 'deregulation'?


Regulators and lawmakers go to great lengths to avoid using the term for reforms in the Trump era, but its meaning is consistent with recent steps to revise and clarify the post-crisis regime.


Community bankers alarmed after big banks backtrack on faster-payments pricing


In 2016, a big-bank consortium said that it would charge the same prices to all institutions, regardless of their size. But now the group has added a large caveat to that pledge.


Regulators to Dems: We are not satisfied with Wells Fargo


The heads of three agencies reiterated their concern about the bank’s progress in fixing risk management and corporate governance flaws.


American Banker scores 11 major journalism awards


American Banker won 11 journalism awards during the past week, including its first Grand Neal, the highest of the honors announced at this year's Jesse H. Neal business journalism awards.


Would Stephen Moore change the Fed, or vice versa?


The addition of the conservative pundit could signal the Trump administration's intent to have a more direct hand in central bank policies, yet Moore could experience his own transformation as a Fed governor.


Bank regulators aren't doing enough to address economic inequality


The Financial Stability Oversight Council should adopt measures that help vulnerable communities.


Trump considering Stephen Moore for Fed board: Sources


Moore is a founder of the conservative Club for Growth and served on the editorial board of The Wall Street Journal.


Fed 'independence' is a slippery slope


The role of the central bank has changed over the decades, but presidential pressure on the Fed has been a constant.