Lael Brainard

Fed official hints at changes to large-bank capital buffer


The central bank may need to rethink how it uses a tool meant to combat elevated risk in boom times, said Vice Chairman for Supervision Randal Quarles.


6 policy responses to leveraged lending fears


Options include legislation to study the risk of leveraged loans, more aggressive action by the Financial Stability Oversight Council and additional capital buffers. Policymakers may also choose to do nothing.


Wells' appeasement, U.S. Bank whistleblower suit, BBVA’s U.S. chief: Top stories of the week


Wells Fargo creates unit to satisfy regulatory demands; U.S. Bank employee fired after blowing whistle on sales scheme, lawsuit says; what BBVA's new U.S. CEO has on tap; and more from this week’s most-read stories.


The Fed’s Lael Brainard stands alone


As the central bank board proceeds with reforms easing the post-crisis regulatory regime, the Obama-appointed governor has not shied from opposing the agency’s course.


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.


Fed opens reg relief tent to foreign banks


The Federal Reserve Board unveiled a host of proposed changes to tailor U.S. supervision of foreign firms, as well as a proposal easing “living will” requirements for both domestic and overseas banks.


Are regulators close to consensus on CRA reform?


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


FDIC chief ties personal story to CRA reform effort


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


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


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.


Fed votes against deploying big-bank capital buffer


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.