Lael Brainard

Are regulators close to consensus on CRA reform?

03/18/19

Recent remarks from top officials at the FDIC and Fed suggest the agencies' recent impasse over reforming the Community Reinvestment Act may be ending.

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FDIC chief ties personal story to CRA reform effort

03/14/19

Recounting her family’s financial struggles, Jelena McWilliams said regulatory policy should address the plight of the underbanked.

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Fed’s Brainard offers glimpse of what revamped CRA could look like

03/12/19

While the OCC has led the charge on modernizing the Community Reinvestment Act, Gov. Lael Brainard gave a rundown of new ideas under discussion — from updating assessment boundaries to a comprehensive community development test.

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Fed votes against deploying big-bank capital buffer

03/06/19

The Federal Reserve voted Wednesday to keep the countercyclical capital buffer at its current level of zero, ending some speculation that the board could be looking at a possible increase.

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Federal regulators should speak with one voice on CRA: Fed’s Brainard

02/01/19

Federal Reserve Board Gov. Lael Brainard said public comments demonstrate a desire among stakeholders for reforms to be implemented consistently across the Fed, OCC and CRA.

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Tough standards for biggest banks not going away: Fed’s Powell

12/19/18

Federal Reserve Chairman Jerome Powell demurs on regulatory relief for largest banks while saying he is “open” to countercyclical buffer.

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Would raising capital requirements for a rainy day hasten one?

12/13/18

One Federal Reserve governor’s push to use an untapped capital buffer to counteract potential losses is stoking concerns that such a maneuver could spook financial markets.

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Big-bank capital buffer has advantages in current market: Fed's Brainard

12/07/18

The senior central bank official signaled interest in deploying the countercyclical capital tool for the first time as corporate bond risks build.

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Fed seeks market data from banks; Regulators encourage new technology

12/04/18

The Fed wants more information on Treasury and mortgage-backed securities; will overlook compliance failures resulting from pilot programs.

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AI must be scrutinized by regulators, top Fed official warns

11/13/18

The Federal Reserve is paying close attention to how it might regulate artificial intelligence and machine learning, Fed Gov. Lael Brainard said in a speech Tuesday.

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