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April 28, 2017 - OCC Participates in Capitol Hill Financial Literacy Event;
Recognizes National Financial Capability Month - The Office of the Comptroller
of the Currency recognized National Financial Capability Month by participating
in the annual Financial Literacy Day event held on Capitol Hill.
www.occ.gov/news-issuances/news-releases/2017/nr-occ-2017-49.html
April 28, 2017 - Comptroller Discusses the Future of Finance and Responsible
Innovation - Comptroller of the Currency Thomas J. Curry today discussed the
state of financial innovation and its potential to improve the lives of ordinary
Americans and the bottom lines of businesses.
www.occ.gov/news-issuances/speeches/2017/pub-speech-2017-48.pdf
April 28, 2017 - Midwest Economy Index Points to Increased Growth in March -
Index points to increased Midwest economic growth in March - The Midwest Economy
Index rose to +0.60 in March from +0.28 in February.
https://www.chicagofed.org/~/media/publications/mei/2017/mei-march2017-pdf.pdf
April 28, 2017 - NCUA Issues Prohibition Notices - The National Credit Union
Administration in April issued five notices of prohibition to individuals who
have been convicted of crimes of dishonesty and, as a result, are prohibited
from participating in the affairs of any federally insured financial
institution.
www.ncua.gov/newsroom/Pages/news-2017-april-prohibition-orders.aspx
April 28, 2017 - St. Louis Fed to Host New Delta Communities Series in
Mississippi - Building upon the success of the Delta Communities gatherings
held this past year in Greenwood, Miss., and Helena, Ark., the St. Louis Fed
will host a new series of Delta Communities sessions starting May 11, 2017, in
Clarksdale, Miss.
www.stlouisfed.org/news-releases/2017/04/27/st-louis-fed-launches-new-delta-communities-series
April 28, 2017 - St. Louis Fed Releases Report on Impact Investing in Missouri -
More than 70 percent of active individual investors are interested in the
nonfinancial, or social, return on their investments, according to a recent
survey conducted by Morgan Stanley. In addition, foundations, community
development financial institutions and others are increasingly financing social
enterprises across the U.S., contributing to mission sustainability and building
organizational capacity.
www.stlouisfed.org/news-releases/2017/04/28/st-louis-fed-release-report-on-impact-investing-in-missouri
April 28, 2017 - FDIC Makes Public March Enforcement Actions - The Federal
Deposit Insurance Corporation today released a list of orders of administrative
enforcement actions taken against banks and individuals in March.
www.fdic.gov/news/news/press/2017/pr17033.html
April 28, 2017 - Credit and Liquidity Programs and the Balance Sheet - Recent
balance sheet trends, weekly chart update.
www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
April 28, 2017 - Advance Notice of a Meeting under Expedited Procedures - A
closed meeting of the Board of Governors of the Federal Reserve System will be
held under expedited procedures at 1:00 PM on May 2, 2017. Matter to be
considered: Discussion of Monetary Policy Issues.
www.federalreserve.gov/aboutthefed/boardmeetings/20170502closed.htm
April 28, 2017 - Statistical Release - Finance Companies - G.20.
www.federalreserve.gov/releases/g20/current/g20.htm
April 28, 2017 - Speech by Governor Lael Brainard - Where Do Banks Fit in the
Fintech Stack? At the Northwestern Kellogg Public-Private Interface Conference
on "New Developments in Consumer Finance: Research & Practice."
www.federalreserve.gov/newsevents/speech/brainard20170428a.htm
April 28, 2017 - Federal Reserve Board announces approval of application by
Simmons First National Corporation - The Federal Reserve Board on Friday
announced its approval of the application under section 3 of the Bank Holding
Company Act of 1956 by Simmons First National Corporation, Pine Bluff, Arkansas,
to merge with Hardeman County Investment Company, Inc. and thereby indirectly
acquire First South Bank, both of Jackson, Tennessee.
www.federalreserve.gov/newsevents/pressreleases/orders20170428a.htm
April 27, 2017 - New Delta Communities Series to Further Explore Promising
Community Development Tools and Strategies - Building upon the success of the
Delta Communities gatherings held this past year in Greenwood, Miss., and
Helena, Ark., the St. Louis Fed will host a new series of Delta Communities
sessions starting May 11, 2017, in Clarksdale, Miss.
www.stlouisfed.org/news-releases/2017/04/27/new-delta-communities-series-to-further-explore-promising-community-development-tools-and-strategies
________________________
April 27, 2017 - Tracking Detroit’s Economic Recovery After Bankruptcy with a
New Index By Scott A. Brave , Paul Traub - This article presents evidence that
Detroit’s economy is doing noticeably better than before the city filed for
bankruptcy in July 2013. In order to track the city’s economic recovery
following its bankruptcy, we use a new index that quantifies Detroit’s overall
economic performance from 1998 to the present.
www.chicagofed.org/publications/chicago-fed-letter/2017/376
April 27, 2017 - Chicago Fed President Charles Evans discusses the economy's
performance in 2016.
www.chicagofed.org/publications/annual-report/2016-annual-report
April 27, 2017 - OCC Hosts Risk Governance and Compliance Workshops in Oklahoma
- The Office of the Comptroller of the Currency will host two workshops in
Oklahoma City at the Aloft Oklahoma City Downtown-Bricktown, June 6-7, for
directors of national community banks and federal savings associations
supervised by the OCC.
www.occ.gov/news-issuances/news-releases/2017/nr-occ-2017-47.html
April 26, 2017 - St. Louis Fed’s Louisville Branch Helps Teach Children to Save
- The Louisville Branch of the Federal Reserve Bank of St. Louis is proud to
participate in Teach Children to Save Day as part of Financial Literacy Month.
www.stlouisfed.org/news-releases/2017/04/26/st-louis-fed-louisville-branch-helps-teach-children-to-save
April 26, 2017 - Federal Reserve Board announces approval of application by
Community Bank System, Inc. - The Federal Reserve Board on Wednesday announced
its approval of the application under section 3 of the Bank Holding Company Act
of 1956 by Community Bank System, Inc., DeWitt, New York, to acquire Merchants
Bancshares, Inc., South Burlington, Vermont.
www.federalreserve.gov/newsevents/pressreleases/orders20170426a.htm
April 25, 2017 - OCC Fines U.S. Bank National Association $15 Million for
Bankruptcy Filing Violations - The Office of the Comptroller of the Currency
today assessed a $15 million civil money penalty against U.S. Bank National
Association for bankruptcy filing violations.
www.occ.gov/news-issuances/news-releases/2017/nr-occ-2017-46.html
April 25, 2017 - NCUA Grants Firefighters First a Federal Charter - The National
Credit Union Administration has granted a federal charter and Share Insurance
Fund coverage to Firefighters First Federal Credit Union of Los Angeles.
www.ncua.gov/newsroom/Pages/news-2017-april-ncua-grants-charter.aspx
April 25, 2017 - Notice of a Meeting under Expedited Procedures - A closed
meeting of the Board of Governors of the Federal Reserve System was held at
10:00 AM on April 25, 2017. Matter considered: Periodic Briefing and Discussion
on Financial Markets, Institutions, and Infrastructure.
www.federalreserve.gov/aboutthefed/boardmeetings/20170425closed.htm
April 24, 2017 - Chicago Fed National Activity Index - Index points to slower
economic growth in March - Led by slower growth in employment-related
indicators, the Chicago Fed National Activity Index (CFNAI) moved down to +0.08
in March from +0.27 in February.
www.chicagofed.org/~/media/publications/cfnai/2017/cfnai-april2017-pdf.pdf
April 24, 2017 - OCC Hosts Mutual Savings Association Advisory Committee Meeting
May 9 - The Office of the Comptroller of the Currency today announced it will
host a public meeting of the Mutual Savings Association Advisory Committee
Tuesday, May 9, 2017, beginning at 8:30 a.m. Eastern Daylight Time.
www.occ.gov/news-issuances/news-releases/2017/nr-occ-2017-45.html
April 24, 2017 - FDIC Advisory Committee on Economic Inclusion to Meet This Week
- The Federal Deposit Insurance Corporation Advisory Committee on Economic
Inclusion will meet on Thursday, April 27 to discuss measures banks may consider
to reach underserved populations, such as collaborations with community-based
organizations; resources for affordable mortgage lending; and new research that
may be used to more effectively target resources to promote broader access to
bank branches in underserved neighborhoods.
www.fdic.gov/news/news/press/2017/pr17031.html
April 24, 2017 - Notice of a Meeting under Expedited Procedures - A closed
meeting of the Board of Governors of the Federal Reserve System was held at
11:15 AM on April 24, 2017. Matter considered: Review and determination by the
Board of Governors of the advance and discount rates to be charged by the
Federal Reserve Banks.
www.federalreserve.gov/aboutthefed/boardmeetings/20170424closed.htm
April 24, 2017 - Agencies announce Wells Fargo has remediated resolution plan
deficiencies - The Federal Deposit Insurance Corporation and the Federal Reserve
Board on Monday announced that Wells Fargo had adequately remediated the
deficiencies in its 2015 resolution plan.
Press Release:
www.federalreserve.gov/newsevents/pressreleases/bcreg20170424a.htm
Press Release:
www.fdic.gov/news/news/press/2017/pr17032.html
April 21, 2017 - Pipeline Risk in Leveraged Loan Syndication - Max Bruche,
Frederic Malherbe, and Ralf R. Meisenzahl.
www.federalreserve.gov/econres/feds/files/2017048pap.pdf
April 21, 2017 - The Cyclical Behavior of Unemployment and Wages under
Information Frictions -
www.federalreserve.gov/econres/feds/files/2017047pap.pdf
April 21, 2017 - Advance Notice of a Meeting under Expedited Procedures - A
closed meeting of the Board of Governors of the Federal Reserve System will be
held under expedited procedures at 10:00 a.m. on April 25, 2017. Matter to be
considered: Periodic Briefing and Discussion on Financial Markets, Institutions,
and Infrastructure.
www.federalreserve.gov/aboutthefed/boardmeetings/20170425closed.htm
April 21, 2017 - Credit and Liquidity Programs and the Balance Sheet - Recent
balance sheet trends, weekly chart update.
www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
April 21, 2017 - Advisory Council - Record of the Meeting of the Community
Depository Institutions Advisory Council - Community Depository Institutions
Advisory Council - The Community Depository Institutions Advisory Council was
established in 2010 by the Board of Governors to provide input to the Board on
the economy, lending conditions, and other issues of interest to community
depository institutions.
www.federalreserve.gov/aboutthefed/cdiac.htm
_______________
April 20, 2017 - OCC Enforcement Actions and Terminations for April 2017 - The
Office of the Comptroller of the Currency today released new enforcement actions
taken against national banks, federal savings associations, and individuals
currently and formerly affiliated with national banks and federal savings
associations.
www.occ.gov/news-issuances/news-releases/2017/nr-occ-2017-44.html
April 20, 2017 - St. Louis Fed Annual Report: Economic Literacy for Life - The
new annual report “Economic Literacy for Life: Today’s Lessons = Tomorrow’s
Financial Stability and Success” includes the following articles:
www.stlouisfed.org/news-releases/2017/04/20/st-louis-fed-annual-report-economic-literacy-for-life
April 20, 2017 - Job Reallocation and Unemployment in Equilibrium - Alison
Weingarden - Job reallocation in the U.S.– the sum of job creation and job
destruction across employers– has been declining over several decades.
www.federalreserve.gov/econres/notes/feds-notes/job-reallocation-and-unemployment-in-equilibrium-20170420.htm
April 20, 2017 - Advance Notice of a Meeting under Expedited Procedures - A
closed meeting of the Board of Governors of the Federal Reserve System will be
held under expedited procedures at 12:00 p.m. on April 24, 2017.
www.federalreserve.gov/aboutthefed/boardmeetings/20170424closed.htm
April 20, 2017 - The Effect of the Federal Reserve’s Securities Holdings on
Longer-term Interest Rates - Brian Bonis, Jane Ihrig, Min Wei1 - In an effort to
promote more accommodative financial conditions following the financial crisis
of 2008 and the ensuing recession.
www.federalreserve.gov/econres/notes/feds-notes/effect-of-the-federal-reserves-securities-holdings-on-longer-term-interest-rates-20170420.htm
April 20, 2017 - Brief remarks by Governor Powell Governor Jerome H. Powell at
The Global Finance Forum, Washington, D.C.
www.federalreserve.gov/newsevents/speech/powell20170420a.htm
April 20, 2017 - NCUA - Share Insurance, Stabilization Funds Solid - Board
Approves Illinois’ Request to Revise Its Member Business Lending Rule - The
National Credit Union Administration Board held its third open meeting of 2017
at the agency’s headquarters here today and unanimously approved one item:
www.ncua.gov/newsroom/Pages/news-2017-april-share-insurance-stabilization-funds-solid.aspx
April 19, 2017 - Chicago Fed Survey of Business Conditions - Survey shows growth
increased in late February and March - The Chicago Fed Survey of Business
Conditions Activity Index increased to +13 from +6, suggesting that growth in
economic activity stayed at a moderate pace in late February and March.
www.chicagofed.org/~/media/publications/cfsbc/2017/cfsbc-april2017-pdf.pdf
April 19, 2017 - Beige Book - Informal review by the Federal Reserve Banks of
current economic conditions in their Districts - Commonly known as the Beige
Book, this report is published eight times per year. Each Federal Reserve Bank
gathers anecdotal information on current economic conditions in its District
through reports from Bank and Branch directors and interviews with key business
contacts, economists, market experts, and other sources.
www.federalreserve.gov/monetarypolicy/files/Beigebook_20170419.pdf
April 19, 2017 - Speech by Vice Chairman Fischer on international effects of
recent policy tightening - At The IBRN-IMF conference: The Transmission of
Macroprudential and Monetary Policies Across Borders, Washington, D.C.
www.federalreserve.gov/newsevents/speech/fischer20170419a.htm
April 18, 2017 - The Fed and the Economy in Oklahoma City By Chad Wilkerson
Oklahoma City Branch Executive and Economist Federal Reserve Bank of Kansas
City.
www.kansascityfed.org/~/media/files/publicat/speeches/2017/2017-wilkerson-rotary-club-04-17.pdf
April 18, 2017 - On the Path of Monetary Policy Normalization By Esther George
President and Chief Executive Officer Federal Reserve Bank of Kansas City.
www.kansascityfed.org/~/media/files/publicat/speeches/2017/2017-george-ny-4-18.pdf
April 18, 2017 - Notice of a Meeting under Expedited Procedures - A closed
meeting of the Board of Governors of the Federal Reserve System was held at
4:00 p.m. on April 18, 2017. Matter considered: Supervisory Update.
www.federalreserve.gov/aboutthefed/boardmeetings/20170418closed.htm
April 18, 2017 - Payment Systems - Quarterly Data: $1 Coin Quarterly
Inventories, Payments, and Receipts.
www.federalreserve.gov/paymentsystems/coin_dollarcoin.htm
April 18, 2017 - Statistical Release - Industrial Production and Capacity
Utilization - G.17 - Industrial production increased 0.5 percent in March after
moving up 0.1 percent in February.
www.federalreserve.gov/releases/g17/Current/default.htm
April 17, 2017 - Speech by Vice Chairman Fischer on monetary policy expectations
and surprises - Vice Chairman Stanley.
www.federalreserve.gov/newsevents/speech/fischer20170417a.htm
April 17, 2017 - OCC Hosts Credit Risk and Operational Risk Workshops in San
Antonio - The Office of the Comptroller of the Currency will host two workshops
at the Crowne Plaza San Antonio Airport in San Antonio, Texas, May 23-24, for
directors of national community banks and federal savings associations
supervised by the OCC.
www.occ.gov/news-issuances/news-releases/2017/nr-occ-2017-43.html
April 14, 2017 - Advance Notice of a Meeting under Expedited Procedures - A
closed meeting of the Board of Governors of the Federal Reserve System will be
held under expedited procedures at 4:00 p.m. on April 18, 2017. Matter to be
considered: Supervisory Matter.
www.federalreserve.gov/aboutthefed/boardmeetings/20170418closed.htm
April 14, 2017 - Credit and Liquidity Programs and the Balance Sheet - Recent
balance sheet trends, weekly chart update.
www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
April 13, 2017 - NCUA - Shreveport Federal Credit Union Conserved - Member
Deposits Insured up to $250,000; Member Services Uninterrupted - The National
Credit Union Administration today placed Shreveport Federal Credit Union, in
Shreveport, Louisiana, into conservatorship.
www.ncua.gov/newsroom/Pages/news-2017-april-shreveport-fcu-conserved.aspx
_______________________
April 13, 2017 - National Financial Conditions Index - The Chicago Fed’s
National Financial Conditions Index provides a comprehensive weekly update on
U.S. financial conditions in money markets, debt and equity markets and the
traditional and “shadow” banking systems.
www.chicagofed.org/publications/nfci/index
April 13, 2017 - OCC Announces One-on-One Industry Meetings As Part of Office of
Innovation Office Hours - The Office of the Comptroller of the Currency
announced its Office of Innovation will host two days of office hours for
national banks, federal savings associations, and financial technology companies
wishing to discuss the OCC’s perspective on responsible innovation.
www.occ.gov/news-issuances/news-releases/2017/nr-occ-2017-42.html
April 13, 2017 - NCUA - Shreveport Federal Credit Union Conserved - Member
Deposits Insured up to $250,000; Member Services Uninterrupted - The National
Credit Union Administration today placed Shreveport Federal Credit Union, in
Shreveport, Louisiana, into conservatorship.
www.ncua.gov/newsroom/Pages/news-2017-april-shreveport-fcu-conserved.aspx
April 12, 2017 - Proposal to approve under OMB delegated authority the extension
for three years, with revision, of the following report: Survey of Small
Business and Farm Lending - The Board has requested public comment on the
proposals listed below. Comments can be submitted through this web site using
the "Submit comment" links. Comments may also be submitted in writing or by
electronic mail.
www.federalreserve.gov/apps/foia/proposedregs.aspx
April 11, 2017 - The Event-Study Activity Puzzle By Jeffrey R. Campbell , Jonas
D. M. Fisher , Alejandro Justiniano , Leonardo Melosi - If news of higher future
interest rates reflects a shift in the stance of monetary policy, then we expect
it to lower projections for real gross domestic product growth and raise
projections for unemployment.
www.chicagofed.org/publications/economic-perspectives/2017/3
April 11, 2017 - Understanding Global Trends in Long-run Real Interest Rates By
Kei-Mu Yi , Jing Zhang - Real, or inflation-adjusted, interest rates may well be
the most important prices for any nation’s economy.
www.chicagofed.org/publications/economic-perspectives/2017/2-yi-zhang
April 11, 2017 - Federal Reserve Banks Release First-Ever National Findings from
the Small Business Credit Survey - 2016 Small Business Report Covering All 50
States Reveals Significant Credit Challenges and the Critical Role of Personal
Finances.
www.stlouisfed.org/news-releases/2017/04/11/federal-reserve-banks-release-first-ever-national-findings-from-the-small-business-credit-survey
April 11, 2017 - The Display of Information and Household Investment Behavior -
Maya Shaton Abstract: I exploit a natural experiment to show that household
investment decisions depend on the manner in which information is displayed.
Israeli retirement funds were prohibited from displaying returns for periods
shorter than twelve months.
www.federalreserve.gov/econres/feds/files/2017043pap.pdf
April 11, 2017 - Divest, Disregard, or Double Down? - Brigitte Roth Tran - How
much, if at all, should an endowment invest in a firm whose activities run
counter to the charitable missions the endowment funds?
https://www.federalreserve.gov/econres/feds/files/2017042pap.pdf
April 11, 2017 - Private Money Creation with Safe Assets and Term Premia -
Sebastian Infante - It has been documented that an increase in the demand for
safe assets induces the private sector to create more money-like claims.
www.federalreserve.gov/econres/feds/files/2017041pap.pdf
April 11, 2017 - Corporate Buybacks and Capital Investment: An International
Perspective - Joseph W. Gruber and Steven B. Kamin - In recent years, a great
deal of attention has been paid in the United States to the simultaneous
occurrence of relatively weak corporate capital investment (especially at this
point in the business cycle) and historically elevated net share buybacks.
www.federalreserve.gov/econres/notes/ifdp-notes/corporate-buybacks-and-capital-investment-an-international-perspective-20170411.htm
April 11, 2017 - Minutes of the Board's discount rate meetings from February 13
through March.
www.federalreserve.gov/newsevents/pressreleases/monetary20170411a.htm
April 11, 2017 - Federal Reserve Board announces termination of enforcement
action with the Baraboo Bancorporation, Inc.
www.federalreserve.gov/newsevents/pressreleases/enforcement20170411a.htm
April 11, 2017 - NCUA Warns of Fake Check Scams - Consumers Should Be Vigilant
and Avoid Depositing Checks from Unknown Parties - Consumers should be on the
lookout for fake check scams, the National Credit Union Administration warned
today after receiving numerous inquiries from consumers.
www.ncua.gov/newsroom/Pages/news-2017-april-check-scams.aspx
April 10, 2017 - Statistical Release - Survey of Terms of Business Lending - E.2
- These data are collected during the middle month of each quarter and are
released in the middle of the succeeding month.
www.federalreserve.gov/releases/E2/default.htm
April 10, 2017 - FOIA - Chair Yellen's calendar, February 2017.
www.federalreserve.gov/foia/chairscalendar-022017.htm
April 9, 2017 - St. Louis Fed's Bullard Discusses the U.S. Macroeconomic Outlook
- Australia – Federal Reserve Bank of St. Louis President James Bullard
addressed “The U.S. Macroeconomic Outlook” during Monday’s International
Distinguished Lecture at the Australian Centre for Financial Studies.
www.stlouisfed.org/news-releases/2017/04/10/bullard-discusses-macro-outlook
April 7, 2017 - NCUA Schedules Special Closed Board Meeting - The National
Credit Union Administration Board has scheduled a special closed meeting for
Wednesday, April 12, 2017, beginning at 1 p.m.
www.ncua.gov/newsroom/Pages/news-2017-april-closed-board-meeting.aspx
April 7, 2017 - NCUA - April 18 Twitter Chat Will Focus on Personal Finances -
Join the #NCUAChat Conversation to Hear About Improving Financial Well-Being -
Personal finances and building financial security will be the focus of the
National Credit Union Administration’s April 18 Twitter chat, part of the
agency’s activities during Financial Capability Month.
www.ncua.gov/newsroom/Pages/news-2017-april-twitter-chat-focus-personal-finances.aspx
April 7, 2017 - FDIC to Host Economic Inclusion Summit in Arlington, Virginia -
"Strategies to Bring Consumers into the Financial Mainstream" - The Federal
Deposit Insurance Corporation will host an Economic Inclusion Summit on
Wednesday, April 26, to discuss "Strategies to Bring Consumers into the
Financial Mainstream."
www.fdic.gov/news/news/press/2017/pr17030.html
April 7, 2017 - Measuring Firm-Level Uncertainty - Maria D. Tito - Ample
empirical research documents the negative effect of uncertainty on economic
activity. Unexpected changes in macroeconomic conditions or doubts about the
direction of future policy tend to be associated with lower capital investments,
reduced hiring, and slower consumer spending.
www.federalreserve.gov/econres/notes/feds-notes/measuring-firm-level-uncertainty-20170407.htm
April 7, 2017 - Legal Interpretations - Bank Holding Companies/Savings and Loan
Holding Companies/Change in Control - 2017 Letters.
www.federalreserve.gov/supervisionreg/legalinterpretations/bhc_changeincontrol2017.htm
April 7, 2017 - Manuals - Bank Holding Company Supervision Manual - Provides
guidance for conducting inspections of bank holding companies and their nonbank
subsidiaries.
www.federalreserve.gov/publications/supervision_bhc.htm
April 7, 2017 - Statistical Release - Consumer Credit - G.19 - In February,
consumer credit increased at a seasonally adjusted annual rate of 4-3/4 percent.
Revolving credit increased at an annual rate of 3-1/2 percent, while
nonrevolving credit increased at an annual rate of 5-1/4 percent.
www.federalreserve.gov/releases/g19/current/default.htm
April 7, 2017 - Credit and Liquidity Programs and the Balance Sheet - Recent
balance sheet trends, weekly chart update.
www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
April 7, 2017 - Federal Reserve Board announces approval of applications by
United Bankshares, Inc., UBV Holding Company, LLC, and United Bank - The Federal
Reserve Board on Friday announced its approval of the applications under section
3 of the Bank Holding Company Act by United Bankshares, Inc., Charleston, West
Virginia, and UBV Holding Company, LLC, Fairfax, Virginia, to acquire Cardinal
Financial Corporation and thereby indirectly acquire Cardinal Bank, both of
McLean, Virginia.
www.federalreserve.gov/newsevents/pressreleases/orders20170407a.htm
_____________
April 6, 2017 - Emerging Trends in the U.S. and Kansas Economies By Alison Felix
Economist & Branch Executive Federal Reserve Bank of Kansas City Denver Branch.
www.kansascityfed.org/~/media/files/publicat/speeches/2017/2017-felix-manhattanrotary-04-06.pdf
April 6, 2017 - Why Community Banks Matter - By Esther George President and
Chief Executive Officer Federal Reserve Bank of Kansas City.
www.kansascityfed.org/~/media/files/publicat/speeches/2017/2017-george-nyfed-4-6.pdf
April 6, 2017 - FDIC Announces a New Resource to Help Community Bankers
Understand Products and Programs Offered by the Federal Home Loan Banks - The
Federal Deposit Insurance Corporation published a new guide to help community
bankers learn more about the programs and products offered by the Federal Home
Loan Banks to facilitate mortgage lending.
www.fdic.gov/news/news/press/2017/pr17029.html
April 6, 2017 - Federal Reserve Board announces termination of enforcement
action with Devon Bancorp, Inc.
www.federalreserve.gov/newsevents/pressreleases/enforcement20170406a.htm
April 5, 2017 - New NCUA Videos Show How to Run Effective Credit Union Board
Meetings - The National Credit Union Administration today released its new video
series, “Effective Board Meetings,” aimed at helping credit union directors make
the best use of their meetings.
www.ncua.gov/newsroom/Pages/news-2017-april-board-videos.aspx
April 5, 2017 - Comptroller Voices Support for Minority Depository Institutions
- Comptroller of the Currency Thomas J. Curry today discussed the Office of the
Comptroller of the Currency’s support for minority depository institutions and
community development financial institutions during remarks at the 2017
Interagency Minority Depository Institutions and Community Development Financial
Institutions Conference.
www.occ.gov/news-issuances/speeches/2017/pub-speech-2017-41.pdf
April 5, 2017 - FDIC Issues List of Banks Examined for CRA Compliance - The
Federal Deposit Insurance Corporation today issued its list of state nonmember
banks recently evaluated for compliance with the Community Reinvestment Act. The
list covers evaluation ratings that the FDIC assigned to institutions in January
2017.
www.fdic.gov/news/news/press/2017/pr17028.html
April 5, 2017 - Welcoming remarks by Governor Powell - At "Expanding the Impact:
Increasing Capacity and Influence," the 2017 Interagency Minority Depository
Institution and Community Development Financial Institution Bank National
Conference, Los Angeles, California.
www.federalreserve.gov/newsevents/speech/powell20170405a.htm
April 5, 2017 - Minutes of the Federal Open Market Committee, March 14-15, 2017
- A summary of economic projections made by Federal Reserve Board members and
Reserve Bank presidents for the meeting is also included as an addendum to these
minutes.
www.federalreserve.gov/newsevents/pressreleases/monetary20170405a.htm
April 4, 2017 - Looking for Progress in America's Smaller Legacy Cities: A
Report for Place-based Funders - Place-based funders can play an important role
in connecting economic growth to economic opportunity.
www.chicagofed.org/region/community-development/community-economic-development/looking-for-progress-report
April 4, 2017 - OCC Hosts Risk Governance and Credit Risk Workshops in Des
Moines - The Office of the Comptroller of the Currency will host two workshops
at the Holiday Inn Des Moines Downtown-Mercy Area, Des Moines, Iowa, May 9-10,
for directors of national community banks and federal savings associations
supervised by the OCC.
www.occ.gov/news-issuances/news-releases/2017/nr-occ-2017-40.html
April 4, 2017 - OCC Releases CRA Evaluations for 31 National Banks and Federal
Savings Associations - The Office of the Comptroller of the Currency today
released a list of Community Reinvestment Act performance evaluations that
became public during the period of March 1, 2017 through March 31, 2017.
www.occ.gov/news-issuances/news-releases/2017/nr-occ-2017-39.html
April 4, 2017 - Kansas City Fed to Add Jobs at Omaha Branch - The Federal
Reserve Bank of Kansas City will grow its workforce in its Omaha Branch to
support its financial services work on behalf of the U.S. Treasury Department.
www.kansascityfed.org/~/media/files/publicat/newsroom/2017/pressreleaseomaha040417.pdf
April 4, 2017 - Consolidated Reports of Condition and Income for First Quarter
2017 - The attached materials pertain to the Consolidated Reports of Condition
and Income for the March 31, 2017, report date.
www.fdic.gov/news/news/financial/2017/fil17014.html
April 4, 2017 - Reputation and Investor Activism - Travis L. Johnson and Nathan
Swem - We show that an activist's reputation is a critical determinant of the
success of their campaigns. We model reputation as target managers' belief about
the activist's willingness to initiate a proxy fight.
www.federalreserve.gov/econres/feds/files/2017036pap.pdf
April 4, 2017 - The Household Expenditure Response to a Consumption Tax Rate
Increase - David Cashin - This study measures the effect of an increase in
Japan's Value Added Tax rate on the timing of household expenditures and
consumption, which do not necessarily coincide.
www.federalreserve.gov/econres/feds/files/2017035pap.pdf
April 4, 2017 - Departing Thoughts - Governor Daniel K. Tarullo At The Woodrow
Wilson School, Princeton University, Princeton, New Jersey.
www.federalreserve.gov/newsevents/speech/tarullo20170404a.htm
April 4, 2017 - Federal Reserve is committed to maintaining the security of
confidential FOMC information - The Federal Reserve is committed to maintaining
the security of confidential FOMC information.
www.federalreserve.gov/newsevents/pressreleases/other20170404b.htm
April 4, 2017 - Federal Reserve Board accepting applications for its Community
Advisory Council - The Federal Reserve Board announced on Tuesday that it is
accepting applications from individuals who wish to be considered for membership
on the Community Advisory Council.
www.federalreserve.gov/newsevents/pressreleases/other20170404a.htm
April 3, 2017 - 2016 OMWI Annual Report Now Online - Report to the Congress on
the Office of Minority and Women Inclusion.
www.chicagofed.org/~/media/others/utilities/about-us/csr/2016-omwi-annual-report-chicago-pdf.pdf
April 3, 2017 - The Federal Financial Institutions Examination Council published
a Press Release announcing today the reappointments of Greg Gonzales, Mary
Hughes, and Caroline Jones to the Council's State Liaison Committee.
www.ffiec.gov/press/pr040317.htm
April 3, 2017 - FDIC Highlights Free Financial Education Tools During National
Financial Capability Month - In recognition of National Financial Capability
Month, the FDIC is highlighting the financial education tools it has developed
to help people of all ages build their financial knowledge and skills to achieve
brighter financial futures.
www.fdic.gov/news/news/press/2017/pr17027.html
April 3, 2017 - Robustness of long-maturity term premium estimates - Canlin Li,
Andrew Meldrum and Marius Rodriguez - In order to shed light on the reasons for
movements in Treasury yields, we often decompose yields into the expected path
of the federal funds rate and an additional term premium, which compensates
investors in long-term bonds for interest rate risk.
www.federalreserve.gov/econres/notes/feds-notes/robustness-of-long-maturity-term-premium-estimates-20170403.htm
April 3, 2017 - Statistical Release - Foreign Exchange Rates - G.5 - The table
below shows the average rates of exchange in MARCH 2017 together with comparable
figures for other months. Averages are based on daily noon buying rates for
cable transfers in New York City certified for customs purposes by the Federal
Reserve Bank of New York.
www.federalreserve.gov/releases/g5/current/default.htm
April 3, 2017 - An Empirical Economic Assessment of the Costs and Benefits of
Bank Capital in the US - Simon Firestone, Amy Lorenc and Ben Ranish - We
evaluate the economic costs and benefits for bank capital levels in the United
States.
www.federalreserve.gov/econres/feds/files/2017034pap.pdf
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