Virtual/remote audits - I am performing virtual/remote FFIEC IT/AIO audits for banks and credit unions. I am a former bank examiner with years of IT auditing experience. Please contact R. Kinney Williams at examiner@yennik.com from your bank's email and I will send you information and fees. All correspondence is confidential.z

April 28, 2023 - NCUA Prohibits Three Individuals from Participating in the Affairs of Any Federally Insured Depository Institution.  https://ncua.gov/newsroom/press-release/2023/ncua-prohibits-three-individuals-participating-affairs-any-federally-insured-depository-institution

April 28, 2023 - Tenth District Services Activity Grew Moderately in April - Regional services activity grew moderately in April. Expectations for future activity increased after some slowing last month, and a majority of the firms that sought financing reported no difficulty obtaining it for short- or long-term uses. www.kansascityfed.org/surveys/services-survey/tenth-district-services-activity-grew-moderately-in-april/

April 28, 2023 - Regulatory Relief: Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Oklahoma Affected by Severe Storms, Straight-line Winds, and Tornadoes.  www.fdic.gov/news/financial-institution-letters/2023/fil23022.html

April 28, 2023 - FDIC Releases Report Detailing Supervision of the Former Signature Bank, New York, New York - Today, Federal Deposit Insurance Corporation Chief Risk Officer Marshall Gentry released FDIC’s Supervision of Signature Bank, an internal review evaluating the agency’s supervision of Signature Bank, New York, New York, from 2017 until its failure in March 2023. www.fdic.gov/news/press-releases/2023/pr23033.html

April 28, 2023 - 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 2023. www.fdic.gov/news/press-releases/2023/pr23032.html

April 28, 2023 - Statistical Release - Finance Companies - G.20 Statistical Release.  www.federalreserve.gov/releases/g20/current/default.htm

April 28, 2023 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update.  www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

April 28, 2023 - Federal Reserve Board announces the results from the review of the supervision and regulation of Silicon Valley Bank, led by Vice Chair for Supervision Barr.   www.federalreserve.gov/newsevents/pressreleases/bcreg20230428a.htm

April 27, 2023 - Securities Transaction Settlement Cycle - FDIC regulations at 12 CFR 344.7 require FDIC–supervised institutions to settle most securities transactions within the number of business days in the “standard settlement cycle followed by registered broker dealers in the United States” unless otherwise agreed to by the parties at the time of the transaction. www.fdic.gov/news/financial-institution-letters/2023/fil23021.html _______________________________

April 27, 2023 - Tenth District Manufacturing Activity Declined Moderately in April - Regional factory activity declined moderately in April. However, District firms� expectations for activity over the next six months continued to stay positive. www.kansascityfed.org/surveys/manufacturing-survey/tenth-district-manufacturing-activity-declined-moderately-in-april/

April 27, 2023 - Securities Transaction Settlement Cycle - FDIC regulations at 12 CFR 344.7 require FDIC�supervised institutions to settle most securities transactions within the number of business days in the �standard settlement cycle followed by registered broker dealers in the United States� unless otherwise agreed to by the parties at the time of the transaction. www.fdic.gov/news/financial-institution-letters/2023/fil23021.html

April 26, 2023 - NCUA�COSSEC Partnership Will Strengthen Supervision of Cooperativas - Agreement Underscores Commitment to Collaboration, Supervision, and Information Sharing https://ncua.gov/newsroom/press-release/2023/ncua-cossec-partnership-will-strengthen-supervision-cooperativas

April 26, 2023 - Overdraft Protection Programs: Risk Management Practices - Overdraft protection programs can present a variety of risks, including compliance, operational, reputation, and credit risks. www.occ.gov/news-issuances/bulletins/2023/bulletin-2023-12.html

April 26, 2023 - OCC Issues Guidance on Overdraft Protection Programs - The Office of the Comptroller of the Currency today issued guidance to address the risks associated with bank overdraft protection programs. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-41.html

April 26, 2023 - Supervisory Guidance on Charging Overdraft Fees for Authorize Positive, Settle Negative Transactions - The FDIC is issuing supervisory guidance to its supervised institutions to ensure that supervised institutions are aware of the consumer compliance risks associated with assessing overdraft fees on a transaction that was authorized against a positive balance but settled against a negative balance. www.fdic.gov/news/financial-institution-letters/2023/fil23019.html

April 26, 2023 - Joint Statement on Completing the LIBOR Transition - Joint Statement on Completing the LIBOR Transition - The Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, the National Credit Union Administration, and the Consumer Financial Protection Bureau issued a statement to remind supervised institutions that U.S. dollar LIBOR panels will end on June 30, 2023.
Press Release: www.federalreserve.gov/supervisionreg/srletters/SR2302.htm
Press Release: www.fdic.gov/news/financial-institution-letters/2023/fil23020.html
Press Release: www.occ.gov/news-issuances/bulletins/2023/bulletin-2023-13.html
Press Release: www.federalreserve.gov/recentpostings.htm

April 25, 2023 - NCUA Charters Generations United Federal Credit Union - The National Credit Union Administration granted a federal charter and Share Insurance Fund coverage to Generations United Federal Credit Union in New York City, New York, the agency announced today. https://ncua.gov/newsroom/press-release/2023/ncua-charters-generations-united-federal-credit-union

April 25, 2023 - Statistical Release - Money Stock Measures - H.6 www.federalreserve.gov/releases/h6/current/default.htm

April 25, 2023 - Federal Reserve Board announces that the review of the supervision and regulation of Silicon Valley Bank, led by Vice Chair for Supervision Barr, will be released on Friday, April 28, at 11:00 a.m. ET www.federalreserve.gov/newsevents/pressreleases/bcreg20230425a.htm

April 25, 2023 - Federal Reserve Board announces termination of enforcement action with Orient Bancorporation and Bank of the Orient www.federalreserve.gov/newsevents/pressreleases/enforcement20230425a.htm

April 24, 2023 - NCUA Files Suit Against Former Edinburg Teachers CEO - The National Credit Union Administration Board has filed charges against Jeffrey B. Moats, former chief executive officer and board member of Edinburg Teachers Credit Union, for knowingly and intentionally violating the law, breaching his fiduciary duties, and knowingly causing a substantial loss to ETCU exceeding $4,000,000. https://ncua.gov/newsroom/press-release/2023/ncua-files-suit-against-former-edinburg-teachers-ceo

April 24, 2023 - Regulatory Relief: Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Indiana Affected by Severe Storms, Straight-line Winds, and Tornadoes www.fdic.gov/news/financial-institution-letters/2023/fil23018.html

April 24, 2023 - Regulatory Reform - Communications with the public through April 24, 2023 -The Federal Reserve Board will be involved in many rulemakings to implement the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. www.federalreserve.gov/regreform/communications-with-public.htm

April 21, 2023 - Acting Comptroller Issues Statement at Financial Stability Oversight Council Meeting www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-40.html

April 21, 2023 - Interagency Policy Statement on Allowances for Credit Losses (Revised April 2023) - The agencies issued this revised statement in response to changes in the accounting guidance for troubled debt restructurings by creditors under U.S. generally accepted accounting principles.
Press Release: www.fdic.gov/news/financial-institution-letters/2023/fil23017.html
Press Release: www.occ.gov/news-issuances/bulletins/2023/bulletin-2023-11.html

April 21, 2023 - Speech by Governor Cook on important questions for economic research At the Carroll Round Keynote Speech, Georgetown University McDonough School of Business, Washington, D.C. www.federalreserve.gov/newsevents/speech/cook20230421a.htm

April 21, 2023 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update.  www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

April 21, 2023 - Federal Reserve issues initial findings from its 2022 triennial payments study - The information shows how consumers and businesses chose to make noncash payments, using checks, different types of cards, and the automated clearinghouse. www.federalreserve.gov/newsevents/pressreleases/other20230421a.htm

April 20, 2023 - NCUA Board Approves Request for Information on Climate Financial Risk - he National Credit Union Administration Board held its fourth open meeting of 2023 and approved a request for information on climate-related financial risk. www.ncua.gov/newsroom/press-release/2023/ncua-board-approves-request-information-climate-financial-risk

April 20, 2023 - St. Louis Fed Welcomes New Members to Community Development Advisory Council - The Federal Reserve Bank of St. Louis appointed six new members to its Community Development Advisory Council, which meets twice a year to inform St. Louis Fed President James Bullard and Community Development staff about issues and community development efforts in the Eighth Federal Reserve District. www.stlouisfed.org/news-releases/2023/04/20/new-members-appointed-to-community-development-advisory-council

April 20, 2023 - Money and Payments: The U.S. Dollar in the Age of Digital Transformation: Summary of Public Comments - This report summarizes the comment submissions received in response to the 22 questions posed in the Money and Payments paper. www.federalreserve.gov/publications/money-and-payments-summary-of-public-comment.htm

April 20, 2023 - Brief Remarks - Governor Michelle W. Bowman - At the Fed Listens Event hosted by the Federal Reserve Bank of Dallas, Odessa, Texas.  www.federalreserve.gov/newsevents/speech/bowman20230420a.htm

April 20, 2023 - Minutes of the Board's discount rate meetings from February 21 through March 22, 2023.  www.federalreserve.gov/newsevents/pressreleases/monetary20230418a.htm
__________________________

April 20, 2023 - OCC Enforcement Actions and Terminations - 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/2023/nr-occ-2023-39.html

April 20, 2023 - Speech by Governor Christopher J. Waller - Innovation and the Future of Finance At the Cryptocurrency and the Future of Global Finance, Sarasota, Florida.   www.federalreserve.gov/newsevents/speech/waller20230420a.htm

April 19, 2023 - NCUA Research Examines Credit Union Exposure to Climate-Related Physical Risks - The National Credit Union Administration�s Office of the Chief Economist today released a Research Note finding that roughly one-quarter of all federally insured credit unions are in communities classified as having a relatively high or very high risk of experiencing negative effects due to natural hazards. https://ncua.gov/newsroom/press-release/2023/ncua-research-examines-credit-union-exposure-climate-related-physical-risks

April 19, 2023 - Acting Comptroller Discusses Open Banking - Acting Comptroller of the Currency Michael J. Hsu today discussed the Office of the Comptroller of the Currency�s approach to open banking in remarks at FDX Global Summit Spring 2023 in Raleigh, N.C. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-38.html

April 19, 2023 - Tenth District Beige Book - Total economic activity across the Tenth District declined slightly in March and April. www.kansascityfed.org/surveys/beige-book/tenth-district-beige-book/

April 19, 2023 - St. Louis Fed Releases Beige Book - The local report summarizes economic conditions for the Eighth District, which is based in St. Louis and covers all of Arkansas and parts of Illinois, Indiana, Kentucky, Mississippi, Missouri and 2Tennessee. www.stlouisfed.org/news-releases/2023/04/19/st-louis-fed-releases-beige-book

April 19, 2023 - SUNY�Geneseo Wins 3rd Annual FDIC Academic Challenge - The Federal Deposit Insurance Corporation today announced a four�member team of undergraduate students from the State University of New York College at Geneseo is the winner of the Third Annual FDIC Academic Challenge, a competition among university and college undergraduate students concerning the U.S. banking sector. www.fdic.gov/news/press-releases/2023/pr23031.html

April 19, 2023 - Beige Book - Informal review by the Federal Reserve Banks of current economic conditions in their Districts. www.federalreserve.gov/monetarypolicy/beigebook202304.htm

April 18, 2023 - NCUA�s 2022 OMWI Annual Report to Congress Now Available - The National Credit Union Administration released its Office of Minority and Women Inclusion Annual Report to Congress on the agency�s diversity, equity, and inclusion programs and initiatives in 2022. https://ncua.gov/newsroom/press-release/2023/ncuas-2022-omwi-annual-report-congress-now-available

April 18, 2023 - FDIC Releases Semiannual Update on the Deposit Insurance Fund Restoration Plan - he Board of Directors of the Federal Deposit Insurance Corporation today released its semiannual update on the Restoration Plan for the agency�s Deposit Insurance Fund. www.fdic.gov/news/press-releases/2023/pr23030.html 

April 18, 2023 - Membership of State Banking Institutions in the Federal Reserve System - F requently Asked Questions about Regulation H.   www.federalreserve.gov/supervisionreg/legalinterpretations/reg-h-frequently-asked-questions.htm

April 18, 2023 - Workplace Automation and Corporate Liquidity Policy - Thomas W. Bates, Fangfang Du, Jessie Jiaxu Wang - Using an occupational probability of computerization, we measure a firm�s ability to replace labor with automated capital. www.federalreserve.gov/econres/feds/workplace-automation-and-corporate-liquidity-policy.htm

April 18, 2023 - Did the Pandemic Change Who Became Behind on Rent? Characteristics of Renters Behind on Rent Before and After the Pandemic Onset - Zofsha Merchant, Erin Troland - As millions lost their jobs at the start of the COVID pandemic, many Americans risked missing their rent payments. www.federalreserve.gov/econres/notes/feds-notes/did-the-pandemic-change-who-became-behind-on-rent-20230418.html

April 18, 2023 - Bank Supervision and Managerial Control Systems: The Case of Minority Lending - Bank Supervision and Managerial Control Systems: The Case of Minority Lending - Byeongchan An, Robert Bushman, Anya Kleymenova, and Rimmy E. Tomy - This paper investigates how bank supervisors� enforcement decisions and orders influence the allocation of mortgage lending across demographic groups underlying a banks� borrower base. www.federalreserve.gov/econres/feds/social-externalities-of-bank-enforcement-actions.htm

April 18, 2023 - Speech by Governor Bowman on considerations for a central bank digital currency At the Georgetown University McDonough School of Business Psaros Center for Financial Markets and Policy, Washington, DC. www.federalreserve.gov/newsevents/speech/bowman20230418a.htm

April 18, 2023 - Minutes of the Board's discount rate meetings from February 21 through March 22, 2023. www.federalreserve.gov/newsevents/pressreleases/monetary20230418a.htm

April 14, 2023 - Tenth District Energy Activity Declined Moderately - First quarter energy survey results revealed that Tenth District energy activity declined moderately and is expected to continue to slow. Firms reported that oil prices needed to be on average $64 per barrel for drilling to be profitable, and $86 per barrel for a substantial increase in drilling to occur. www.kansascityfed.org/surveys/energy-survey/tenth-district-energy-activity-declined-moderately/

April 14, 2023 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

April 14, 2023 - Statistical Release - Industrial Production and Capacity Utilization - G.17 - Industrial production rose 0.4 percent in March and was little changed in the first quarter, increasing at an annual rate of 0.2 percent. www.federalreserve.gov/releases/g17/current/default.htm

April 14, 2023 - Speech by Governor Waller on the economic outlook At the Graybar National Training Conference, San Antonio, Texas.   www.federalreserve.gov/newsevents/speech/waller20230414a.htm

April 14, 2023 - Remarks by Governor Bowman on the consequences of fewer banks in the U.S. banking system At the Wharton Financial Regulation Conference, Philadelphia, Pennsylvania.   www.federalreserve.gov/newsevents/speech/bowman20230414a.htm

April 14, 2023 - Federal Reserve Board announces its approval for UBS Group AG to acquire the U.S. subsidiaries of Credit Suisse Group AG - The application was submitted in connection with UBS Group AG's acquisition of Credit Suisse Group AG. www.federalreserve.gov/newsevents/pressreleases/orders20230414a.htm

April 13, 2023 - Stressed Banks? Evidence from the Largest-Ever Supervisory Review - Puriya Abbassi, Rajkamal Iyer, Jose-Luis Peydro, and Paul E. Soto - We study short-term and medium-term changes in bank risk-taking as a result of supervision, and the associated real effects. www.federalreserve.gov/econres/feds/stressed-banks-evidence-from-the-largest-ever-supervisory-review.htm 

April 13, 2023 - It's Not Who You Know�It's Who Knows You: Employee Social Capital and Firm Performance - DuckKi Cho, Lyungmae Choi, Michael Hertzel, Jessie Jiaxu Wang - We show that the social capital embedded in employees� networks contributes to firm performance. www.federalreserve.gov/econres/feds/its-not-who-you-know-its-who-knows-you-employee-social-capital-and-firm-performance.htm _________________________

April 13, 2023 - OCC Promotes National Financial Capability Month - The Office of the Comptroller of the Currency encourages national banks and federal savings associations to support the financial capability and financial health of their customers, particularly during National Financial Capability Month in April. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-37.html

April 13, 2023 - Regulatory Relief: Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Tennessee Affected by Severe Storms, Straight-line Winds, and Tornadoes.  www.fdic.gov/news/financial-institution-letters/2023/fil23016.html

April 13, 2023 - Regulatory Relief: Guidance to Help Financial Institutions and Facilitate Recovery in Areas of California Affected by Severe Winter Storms, Straight-line Winds, Flooding, Landslides and Mudslides.   www.fdic.gov/news/financial-institution-letters/2023/fil23015.html

April 12, 2023 - Calibrating Policy in an Uncertain Time - Mary C. Daly President and Chief Executive Officer Federal Reserve Bank of San Francisco at Mary C. Daly President and Chief Executive Officer
Federal Reserve Bank of San Francisco.  www.frbsf.org/our-district/press/presidents-speeches/mary-c-daly/2023/april/calibrating-policy-in-an-uncertain-time/

April 12, 2023 - St. Louis Fed Releases Annual Report: The Shifting Tides of Global Trade - �The Shifting Tides of Global Trade,� which examines developing trends in U.S. and world trade, including the headwinds that may be slowing the process of globalization. www.stlouisfed.org/news-releases/2023/04/12/st-louis-fed-annual-report-shifting-tides-global-trade

April 12, 2023 - Minutes of the Federal Open Market Committee, March 21-22, 2023.  www.federalreserve.gov/newsevents/pressreleases/monetary20230412a.htm

April 11, 2023 - The KCFSI suggests financial stress significantly increased in March - The KCFSI suggests financial stress significantly increased in March.  www.kansascityfed.org/data-and-trends/kansas-city-financial-stress-index/current-release/

April 11, 2023 - The Long-Run Real Effects of Banking Crises: Firm-Level Investment Dynamics and the Role of Wage Rigidity - Carlo Wix - I study the long-run effects of credit market disruptions on real firm outcomes and how these effects depend on nominal wage rigidity at the firm level. www.federalreserve.gov/econres/feds/the-long-run-real-effects-of-banking-crises-firm-level-investment-dynamics-and-the-role-of-wage-rigidity.htm

April 11, 2023 - Private Equity and Debt Contract Enforcement: Evidence from Covenant Violations - Sharjil Haque, Anya Kleymenova -
We document the importance of a financial sponsor when a borrower violates a covenant, providing creditors the opportunity to enforce debt contracts. www.federalreserve.gov/econres/feds/private-equity-and-debt-contract-enforcement-evidence-from-covenant-violations.htm

April 11, 2023 - Racial Unemployment Gaps and the Disparate Impact of the Inflation Tax - Mohammed Ait Lahcen, Garth Baughman, and Hugo van Buggenum - We study the nonlinearities present in a standard monetary labor search model modified to have two groups of workers facing exogenous differences in the job finding and separation rates. www.federalreserve.gov/econres/feds/racial-unemployment-gaps-and-the-disparate-impact-of-the-inflation-tax.htm

April 11, 2023 - Contagion in Debt and Collateral Markets - Jin-Wook Chang, Grace Chuan - This paper investigates contagion in financial networks through both debt and collateral markets. www.federalreserve.gov/econres/feds/contagion-in-debt-and-collateral-markets.htm

April 11, 2023 - Structure and Share Data for U.S. Banking Offices of Foreign Entities - There are two reports showing the same structure and asset information for each U.S. office, but in different orders. www.federalreserve.gov/releases/iba/default.htm

April 11, 2023 - Report to Congress Pursuant to Section 13(3) of the Federal Reserve Act: Bank Term Funding Program - The Federal Reserve filed these reports with Congress pursuant to section 13(3) of the Federal Reserve Act concerning the lending facility established by the Board. www.federalreserve.gov/publications/reports-to-congress-pursuant-to-section-13-3-btfp.htm

April 11, 2023 - Report and Disclosures on Funding, Credit, Liquidity, and Loan Facilities - The Federal Reserve filed these reports with Congress pursuant to section 13(3) of the Federal Reserve Act concerning the lending facilities established by the Board. www.federalreserve.gov/publications/reports-to-congress-in-response-to-covid-19.htm 

April 10, 2023 - OCC Opens Registration for Community Bank Director and Senior Management Workshops - The OCC examiner-led workshops provide practical training and guidance to directors and senior management of national community banks and federal savings associations to support the safe and sound operation of community-based financial institutions. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-36.html

April 10, 2023 - Federal Reserve Board accepting applications for its Community Advisory Council - The Federal Reserve Board announced on Monday that it is accepting applications from individuals who wish to be considered for membership on the Community Advisory Council, or CAC, which advises the Board on issues affecting consumers and communities. www.federalreserve.gov/newsevents/pressreleases/other20230410a.htm

April 7, 2023 - Workforce Imbalances Remain Important to U.S. Economic Outlook - Labor market conditions are important to the balance of supply and demand in the economy and can influence the path of inflation. www.kansascityfed.org/ten/workforce-imbalances-remain-important-to-us-economic-outlook/

April 7, 2023 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

April 7, 2023 - FOIA - Chair Powell's calendar, February 2023.  www.federalreserve.gov/foia/chairman-powell-calendar.htm
 
April 7, 2023 - Statistical Release - Consumer Credit - G.19 - In February, consumer credit increased at a seasonally adjusted annual rate of 3.8 percent. www.federalreserve.gov/releases/g19/current/default.htm _______________________________

April 6, 2023 - OCC Hosts Minority Depository Institutions Advisory Committee Meeting April 25 and Appoints Four New Members - The Office of the Comptroller of the Currency today announced it will host a meeting of the Minority Depository Institutions Advisory Committee and the appointment of four new MDIAC members. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-35.html

April 6, 2023 - St. Louis Fed�s Bullard Presents �Financial Stress and the Economy� - Federal Reserve Bank of St. Louis President James Bullard presented �Financial Stress and the Economy� on Thursday to the Arkansas Bankers Association. www.stlouisfed.org/news-releases/2023/04/06/bullard-presents-financial-stress-and-the-economy

April 5, 2023 - NCUA Opening 2023 CDRLF Grant Round May 1 - Credit unions eligible for Community Development Revolving Loan Fund grants in 2023 can apply between May 1 and June 30, the National Credit Union Administration announced today. https://ncua.gov/newsroom/press-release/2023/ncua-opening-2023-cdrlf-grant-round-may-1

April 5, 2023 - Regulatory Relief: Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Arkansas Affected by Severe Storms and Tornadoes www.fdic.gov/news/financial-institution-letters/2023/fil23014.html

April 5, 2023 - FDIC Announces Retention of Financial Advisor to Assist with the Liquidation of Securities of the Former Signature Bank, New York, NY, and Silicon Valley Bank, Santa Clara, CA - The Federal Deposit Insurance Corporation as receiver of the former Signature Bank, New York, NY, and Silicon Valley Bank, Santa Clara, CA, will undertake a marketing process to sell the securities portfolios retained from the two receiverships. www.fdic.gov/news/press-releases/2023/pr23029.html

April 5, 2023 - FDIC Consumer Compliance Supervisory Highlights -The purpose of this publication is to enhance transparency regarding the FDIC�s consumer compliance supervisory activities and to provide a high�level overview of consumer compliance issues identified in 2022 through the FDIC�s supervision of state non�member banks and thrifts. www.fdic.gov/news/press-releases/2023/pr23028.html

April 4, 2023 - Welcoming remarks by Governor Cook at the "Exploring Careers in Economics," a conference sponsored by the Board of Governors of the Federal Reserve System Governor Lisa D. Cook At "Exploring Careers in Economics," a conference sponsored by the Board of Governors of the Federal Reserve System, Washington, D.C. www.federalreserve.gov/newsevents/speech/cook20230404a.htm

April 4, 2023 - Seven Key Takeaways on EV Affordability: Is It in Sight or Further Down the Road? - Average new car prices were at $48,763 in February, according to Kelley Blue Book, almost 30% higher than three years earlier, before the Covid-19 pandemic and its disruptions. www.chicagofed.org/publications/blogs/chicago-fed-insights/2023/2023-ais-affordability

April 4, 2023 - OCC Releases CRA Evaluations for 35 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, 2023, through March 31, 2023. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-34.html

April 4, 2023 - Forward-Looking Policy in a Real-Time World - Princeton University Griswold Center for Economic Policy Studies Symposium Keynote closing remarks 2023 Princeton, NJ.  www.frbsf.org/our-district/press/presidents-speeches/mary-c-daly/2023/march/forward-looking-policy-in-a-real-time-world/

April 4, 2023 - 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. www.fdic.gov/news/press-releases/2023/pr23027.html

April 4, 2023 - Breaks in the Phillips Curve: Evidence from Panel Data - Simon C. Smith, Allan Timmermann, Jonathan Wright - We revisit time-variation in the Phillips curve, applying new Bayesian panel methods with breakpoints to US and European Union disaggregate data. www.federalreserve.gov/econres/feds/breaks-in-the-phillips-curve-evidence-from-panel-data.htm

April 4, 2023 - Speech by Governor Lisa D. Cook - Welcoming Remarks At "Exploring Careers in Economics," a conference sponsored by the Board of Governors of the Federal Reserve System, Washington, D.C. www.federalreserve.gov/newsevents/speech/cook20230404a.htm

April 3, 2023 - NCUA - Richmond City Employees Federal Credit Union Merges into Kemba Credit Union - Richmond City Employees Federal Credit Union, of Richmond, Indiana, has merged into Kemba Credit Union, of West Chester, Ohio, effective April 1, 2023, the National Credit Union Administration announced. https://ncua.gov/newsroom/press-release/2023/richmond-city-employees-federal-credit-union-merges-kemba-credit-union

April 3, 2023 - The Federal Financial Institutions Examination Council today announced the reappointments of Kevin Allard, Yolanda Ford, and Susannah Marshall to the FFIEC�s State Liaison Committee.  www.ffiec.gov/press/pr040323.htm

April 3, 2023 - FDIC Announces Upcoming Sale of the Loan Portfolio from the Former Signature Bank, New York, New York - The Federal Deposit Insurance Corporation today announced the framework of a marketing process for the approximately $60 billion loan portfolio retained in receivership following the failure of Signature Bank, New York, New York. www.fdic.gov/news/press-releases/2023/pr23026.html

April 3, 2023 - Statistical Release - Foreign Exchange Rates - G.5 - The table below shows the average rates of exchange in MARCH 2023 together with comparable figures for other months. www.federalreserve.gov/releases/g5/current/default.htm