Lael Brainard

Fed finalizes new capital buffer ahead of 2020 stress tests


The rule establishes a measure of capital adequacy meant to simplify how banks are assessed in the Comprehensive Capital Analysis and Review program.


OCC's Otting takes another swipe at Fed over CRA reform


Comptroller of the Currency Joseph Otting suggested the central bank was adopting a “partisan” stance against his plan to overhaul the Community Reinvestment Act.


Is partisanship seeping into bank regulators’ discourse?


Compared with incendiary fights elsewhere in the capital, deliberations among the banking agencies tend to be more banal. But on issues from the Volcker Rule to CRA reform, disagreements lately between officials have grown sharper.


Fed issues final rule clarifying standards for bank investors


The new regulation aims to standardize the process for determining if those owning less than a quarter of a bank must comply with holding company requirements.


Regulators propose Volcker Rule changes to allow VC stakes


In another rollback of the bank trading ban, the federal agencies unveiled a plan to allow financial institutions to invest in multiple companies through certain fund structures.


Fed chief endorses Brainard's critique of CRA plan


Federal Reserve Chair Jerome Powell said he was “comfortable” with a recent speech by Gov. Lael Brainard objecting to significant aspects of the Community Reinvestment Act plan proposed by the OCC and FDIC.


CRA overhaul may get messy; Student loans vulnerable in bankruptcy


Fed proposal is at odds with the one offered by the FDIC and OCC; judge wants to dispel the “myth” that student loans can’t be expunged in bankruptcy.


Fed's Brainard delivers sharp rebuke of CRA revamp plan


Though she stopped short of mentioning the FDIC and OCC by name, Fed Gov. Lael Brainard objected to several key elements of those agencies' proposal.


Fed's Brainard sees solid economy, backs change to monetary policy


In the Fed's quest to bring inflation back to its 2% target, Gov. Brainard recommended pursuing a policy she called “flexible inflation averaging.”


Brainard has eye on imbalances; Discount window forsaken


Fed governor again calls for using the countercyclical buffer at banks; bank borrowing from Fed on pace for lowest total ever.