Bank regulatory FFIEC IT audits - I perform annual IT audits required by the regulatory agencies for banks and credit unions. I am a former bank examiner over 30 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.

August 31, 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-1

August 31, 2023 - FDIC Updates Equal Housing Lender Posters - FDIC recently amended some details of the posters, including updating the name of the office to which complaints should be addressed, as well as adding the web address of the FDIC’s web-based complaint portal. www.fdic.gov/news/financial-institution-letters/2023/fil23047.html 

August 31, 2023 - FDIC Issues CRA Examination Schedules for Fourth Quarter 2023 and First Quarter 2024.  www.fdic.gov/news/press-releases/2023/pr23068.html

August 31, 2023 - Statistical Release - Finance Companies - G.20. www.federalreserve.gov/releases/g20/current/default.htm

August 31, 2023 - Are Real Assets Owners Less Averse to Inflation? Evidence from Consumer Sentiments and Inflation Expectations - Geng Li, Nitish Ranjan Sinha - Using data from the University of Michigan Surveys of Consumers, we document a significant negative association between consumer sentiment and inflation expectations, controlling for prevailing inflation in the economy. www.federalreserve.gov/econres/feds/are-real-assets-owners-less-averse-to-inflation-evidence-from-consumer-sentiments-and-inflation-expectations.htm
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August 30, 2023 - OCC Issues Fourth Quarter 2023 and First Quarter 2024 CRA Evaluation Schedule - The Office of the Comptroller of the Currency today released its schedule of Community Reinvestment Act evaluations to be conducted in the fourth quarter of 2023 and first quarter of 2024. www.occ.treas.gov/news-issuances/news-releases/2023/nr-occ-2023-96.html

August 30, 2023 - OCC Hosts Compliance and Operational Risk Workshops in Santa Ana - The Office of the Comptroller of the Currency will host two workshops in Santa Ana, California, on October 3-4 for directors, senior management, and other key executives of national community banks and federal savings associations. www.occ.treas.gov/news-issuances/news-releases/2023/nr-occ-2023-97.html

August 30, 2023 - OCC Allows National Banks and Federal Savings Associations in Georgia, South Carolina and North Carolina Affected by Hurricane Idalia to Close.  www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-98.html

August 30, 2023 - The Controversial Business of Cash-to-Crypto Bitcoin ATMs - Bitcoin ATMs, standalone machines that convert cash to cryptocurrency, are a relatively new and less examined part of the cryptocurrency world. www.kansascityfed.org/research/payments-system-research-briefings/the-controversial-business-of-cash-to-crypto-bitcoin-atms/

August 30, 2023 - Recent Developments in Hedge Funds’ Treasury Futures and Repo Positions: is the Basis Trade “Back"? - Daniel Barth, R. Jay Kahn and Robert Mann - This note summarizes recent developments in hedge funds' Treasury futures and repo positions derived from the Commodities Futures and Trading Commission's Traders in Financial Futures data and the Office of Financial Research's Cleared Repo Collection. www.federalreserve.gov/econres/notes/feds-notes/recent-developments-in-hedge-funds-treasury-futures-and-repo-positions-20230830.html

August 30, 2023 - Macroeconomic Effects of Large-Scale Asset Purchases: New Evidence - Kyungmin Kim, Thomas Laubach, and Min Wei - We provide new evidence on the macroeconomic effects of the Federal Reserve's large-scale asset purchases, using a structural VAR with survey-based measures of the LSAP policy stance and instruments constructed from high-frequency yield changes. www.federalreserve.gov/econres/feds/macroeconomic-effects-of-large-scale-asset-purchases-new-evidence.htm

August 30, 2023 - An Overview of Personal Loans in the U.S. - Jessica N. Flagg, Simona M. Hannon - Personal loans used for a variety of purposes, such as debt consolidation, medical bills, vacations, or the payment of a large ticket item, reached $356 billion or about 10 percent of nonrevolving consumer credit at the end of 2022. www.federalreserve.gov/econres/feds/an-overview-of-personal-loans-in-the-us.htm

August 30, 2023 - FinTech and Banks: Strategic Partnerships That Circumvent State Usury Laws - Gregory Elliehausen and Simona M. Hannon - Previous research has found evidence suggesting that financial technology lenders seek out opportunities in markets that have been underserved by mainstream banks. www.federalreserve.gov/econres/feds/fintech-and-banks-strategic-partnerships-that-circumvent-state-usury-laws.htm

August 30, 2023 - Corporate Tax Cuts and the Decline of the Manufacturing Labor Share - Baris Kaymak and Immo Schott - We document a strong empirical connection between corporate taxation and the manufacturing labor share, both in the US and across OECD countries. www.federalreserve.gov/econres/ifdp/corporate-tax-cuts-and-the-decline-of-the-manufacturing-labor-share.htm

August 29, 2023 - Second Quarter 2023 Banking Conditions - Liquidity metrics pressured, credit quality remains sound.  www.kansascityfed.org/banking/district-banking-conditions/second-quarter-2023-banking-conditions/

August 29, 2023 - Notice of Proposed Rulemaking on Resolution Plans Required for Insured Depository Institutions with $100 Billion or More in Total Assets; Informational Filings Required for Insured Depository Institutions with At Least $50 Billion but Less Than $100 Billion in Total Assets. www.fdic.gov/news/financial-institution-letters/2023/fil23046.html

August 29, 2023 - FDIC Board of Directors Issues Proposed Rule to Strengthen Resolution Planning for Large Banks - The Federal Deposit Insurance Corporation Board of Directors today approved a notice of proposed rulemaking to strengthen resolution planning for insured depository institutions with at least $100 billion in total assets.
Press Release: www.fdic.gov/news/press-releases/2023/pr23066.html
Press Release: www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-95.html

August 29, 2023 - Price-Setting During the Covid Era - Hugh Montag and Daniel Villar - The Covid-19 pandemic has had enormous effects on every aspect of the economy, including inflation which has become one of the most pressing economic problems of the recovery period. www.federalreserve.gov/econres/notes/feds-notes/price-setting-during-the-covid-era-20230829.html

August 29, 2023 - Agencies propose guidance to enhance resolution planning at large banks - The Federal Deposit Insurance Corporation and Federal Reserve Board today invited public comment on proposed guidance to help certain large bank holding companies further develop their Dodd-Frank Act Title I resolution plans.
Press Release: www.federalreserve.gov/newsevents/pressreleases/bcreg20230829b.htm
Press Release: www.fdic.gov/news/press-releases/2023/pr23067.html

August 29, 2023 - Agencies request comment on proposed rule to require large banks to maintain long-term debt to improve financial stability and resolution - Federal bank regulatory agencies today requested comment on a proposal that would require large banks with total assets of $100 billion or more to maintain a layer of long-term debt, which would improve financial stability by increasing the resolvability and resiliency of such institutions.
Press Release: www.federalreserve.gov/newsevents/pressreleases/bcreg20230829a.htm
Press Release: www.occ.gov/news-issuances/news-releases/2023/nr-ia-2023-94.html

August 28, 2023 - OCC Hosts Minority Depository Institutions Advisory Committee Meeting September 12 - The meeting, which will be hosted in person and virtually, is open to the public and will begin at 1:00 p.m. Eastern Daylight Time. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-92.html

August 28, 2023 - Federal Reserve Bank of St. Louis Launches Presidential Search - The St. Louis Fed retained Spencer Stuart, a global executive search and leadership consulting firm, to assist the Search Committee in conducting the search. www.stlouisfed.org/news-releases/2023/08/28/federal-reserve-bank-st-louis-launches-presidential-search

August 28, 2023 - Regulatory Relief: Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Alaska Affected by Flooding.  www.fdic.gov/news/financial-institution-letters/2023/fil23044.html

August 25, 2023 - Tenth District Services Activity Remained Flat in Augustc- District services activity was largely unchanged in August. www.kansascityfed.org/

August 25, 2023 - President Daly Shares What She’s Hearing Across the 12th District in The Washington Post, August 25, 2023. https://www.frbsf.org/news-coverage/president-daly-shares-what-shes-hearing-across-the-12th-district-in-the-washington-post-august-25-2023/

August 25, 2023 - FDIC Makes Public July Enforcement Actions - The Federal Deposit Insurance Corporation today released a list of orders of administrative enforcement actions taken against banks and individuals in July 2023. www.fdic.gov/news/press-releases/2023/pr23064.html

August 25, 2023 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

August 25, 2023 - Speech by Chair Powell on the economic outlook - Chair Jerome H. Powell At “Structural Shifts in the Global Economy,” an economic policy symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming. www.federalreserve.gov/newsevents/speech/powell20230825a.htm

August 24, 2023 - Agencies to Host Roundtable on Special Purpose Credit Programs - Four federal agencies will host a roundtable discussion September 12, 2023, at 3:00 p.m. EDT regarding the availability of special purpose credit programs to help meet the credit needs of eligible individuals. www.occ.gov/news-issuances/news-releases/2023/nr-ia-2023-91.html

August 24, 2023 - Federal Reserve Board announces termination of enforcement action with HSBC Holdings PLC and HSBC North America Holdings Inc. www.federalreserve.gov/newsevents/pressreleases/enforcement20230824a.htm
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August 24, 2023 - Tenth District Manufacturing Activity Was Unchanged in August - Regional factory activity was basically flat in August. Firms also reported another decline in finished product prices but anticipate output prices to rise in coming months. www.kansascityfed.org/surveys/manufacturing-survey/tenth-district-manufacturing-activity-was-unchanged-in-august/

August 24, 2023 - Federal Reserve Board announces termination of enforcement action with HSBC Holdings PLC and HSBC North America Holdings Inc. www.federalreserve.gov/newsevents/pressreleases/enforcement20230824a.htm

August 23, 2023 - Higher Home Prices and Higher Rates Mean Bigger Affordability Hurdles for the U.S. Consumer By Max Gillet , Cindy Hull - In the U.S., homeownership is often described as part of the �American dream,� a way for consumers to accumulate wealth and gain other economic benefits. www.chicagofed.org/publications/chicago-fed-letter/2023/481

August 22, 2023 - Fed Listens: Joining the Labor Force After Covid - A Discussion on Youth Employment - On Tuesday, August 22, 2023, Chicago Fed President and CEO Austan Goolsbee and Federal Reserve Governor Michelle Bowman participated in a discussion exploring the challenges and opportunities facing young people as they enter the workforce in the post-pandemic economy. www.chicagofed.org/events/2023/fedlistens

August 22, 2023 - Statistical Release - Money Stock Measures - H.6 Release.  www.federalreserve.gov/releases/h6/current/default.htm

August 22, 2023 - Welcoming remarks by Governor Bowman at a Fed Listens event hosted by the Federal Reserve Bank of Chicago At �Fed Listens: Joining the Labor Force after COVID, A Discussion on Youth Employment,� hosted by the Federal Reserve Bank of Chicago, Chicago, Illinois. www.federalreserve.gov/newsevents/pressreleases.htm

August 22, 2023 - Federal Reserve Board announces approval of application by Comerica Bank - The Federal Reserve Board on Tuesday announced its approval of the application by Comerica Bank, of Dallas, Texas, to establish a branch at 4145 South Cooper Street, Arlington, Texas. www.federalreserve.gov/newsevents/pressreleases/orders20230822a.htm

August 22, 2023 - Minutes of the Board's discount rate meetings from July 17 and July 26, 2023 - The Federal Reserve Board on Tuesday released the minutes from its recent meetings to review and determine the discount rates provided to depository institutions through the discount window. www.federalreserve.gov/newsevents/pressreleases/monetary20230822a.htm

August 22, 2023 - Federal Reserve Board issues enforcement action and fines Regions Bank approximately $2.95 million for unsafe and unsound practices in its flood insurance compliance program and for flood insurance regulatory violations.  www.federalreserve.gov/newsevents/pressreleases/enforcement20230822a.htm

August 21, 2023 - OCC Allows National Banks and Federal Savings Associations in California, Nevada and Arizona Affected by Tropical Storm Hilary to Close.  www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-90.html

August 21, 2023 - Kansas City Fed�s Jackson Hole Symposium set for Aug. 24 to 26 - The 2023 event marks the 46th year of the annual forum. www.kansascityfed.org/newsroom/2023-news-releases/kansas-city-feds-jackson-hole-symposium/

August 21, 2023 - Charge-Off and Delinquency Rates on Loans and Leases at Commercial Banks.  www.federalreserve.gov/releases/chargeoff/ 

August 21, 2023 - Non-Completion, Student Debt, and Financial Well-Being: Evidence from the Survey of Household Economics and Decisionmaking - Jacob Lockwood and Douglas Webber - As the price of college and student loan debt has grown relative to inflation in recent decades, many have questioned the return on investment offered by a college degree. www.federalreserve.gov/econres/notes/feds-notes/non-completion-student-debt-and-financial-well-being-20230821.html

August 18, 2023 - Regulatory Relief: Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Illinois Affected by Severe Storms and Flooding. www.fdic.gov/news/financial-institution-letters/2023/fil23043.html

August 18, 2023 - Statistical Release - Large Commercial Banks - The Federal Reserve Board compiles quarterly data on domestically chartered insured commercial banks that have consolidated assets of $300 million or more and releases the data about eight weeks after the end of each quarter. www.federalreserve.gov/releases/lbr/

August 18, 2023 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update.  www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

August 18, 2023 - Default Clustering Risk Premium and its Cross-Market Asset Pricing Implications - Kiwoong Byun, Baeho Kim, and Dong Hwan Oh - This study examines the market-implied premiums for bearing default clustering risk by analyzing credit derivatives contracts on the CDX North American Investment Grade portfolio between September 2005 and March 2021. www.federalreserve.gov/econres/feds/default-clustering-risk-premium-and-its-cross-market-asset-pricing-implications.htm

August 18, 2023 - Federal Reserve Banks Combined Quarterly Financial Reports - The quarterly financial reports present summary financial information on the combined financial position and results of operations of the Reserve Banks. www.federalreserve.gov/aboutthefed/combined-quarterly-financial-reports-unaudited.htm

August 17, 2023 - Do Immigration Restrictions Affect Job Vacancies? Evidence from Online Job Postings - Employers in immigrant-reliant labor markets increased their job search efforts in response to the 2016�21 decline in immigration. www.kansascityfed.org/research/economic-review/do-immigration-restrictions-affect-job-vacancies-evidence-from-online-job-postings/

August 17, 2023 - FDIC Announces Chief Learning Officer and Corporate University Appointment - The Federal Deposit Insurance Corporation Board of Directors appointed Dr. Felita Boldin to the position of Chief Learning Officer and Director of Corporate University.  www.fdic.gov/news/press-releases/2023/pr23062.html

August 17, 2023 - Joint Release/Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by the Hawaii Wildfires.
Press Release: www.fdic.gov/news/press-releases/2023/pr23063.html
Press Release: www.occ.gov/news-issuances/news-releases/2023/nr-ia-2023-89.html
Press Release: https://ncua.gov/newsroom/press-release/2023/federal-and-state-financial-regulatory-agencies-issue-interagency-statement-supervisory-practices
Press Release: www.federalreserve.gov/newsevents/pressreleases/other20230817a.htm
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August 17, 2023 - Fed Listens: Joining the Labor Force After Covid �A Discussion on Youth Employment - Please join us Tuesday, August 22, 2023, from 1:30 p.m. to 3:00 p.m. CT for a discussion exploring the challenges and opportunities facing young people as they enter the workforce in the post-pandemic economy. www.chicagofed.org/events/2023/fedlistens

August 17, 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-2023-88.html

August 17, 2023 - OCC Hosts Workshops for Bank Directors and Senior Management in Chicago and San Antonio - The Office of the Comptroller of the Currency will host workshops in Chicago and San Antonio on September 26-27 for directors, senior management, and other key executives of national community banks and federal savings associations. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-87.html

August 17, 2023 - Federal Reserve Board issues enforcement action with Farmington State Bank, and its holding company, FBH Corporation.   www.federalreserve.gov/newsevents/pressreleases/enforcement20230817a.htm 

August 16, 2023 - Industrial Production and Capacity Utilization - G.17 - In July, total industrial production increased 1.0 percent following declines in the previous two months. www.federalreserve.gov/releases/g17/current/default.htm

August 16, 2023 - Minutes of the Federal Open Market Committee, July 25-26, 2023. www.federalreserve.gov/newsevents/pressreleases/monetary20230816a.htm

August 15, 2023 - Accounting: Bank Accounting Advisory Series Updated - The Office of the Comptroller of the Currency today released an update to the Bank Accounting Advisory Series. www.occ.gov/news-issuances/bulletins/2023/bulletin-2023-28.html

August 15, 2023 - Bank Accounting Advisory Series Updated - The BAAS contains staff responses to frequently asked questions from the banking industry and bank examiners on a variety of accounting topics and promotes consistent application of accounting standards and regulatory reporting among national banks and federal savings associations. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-86.html

August 15, 2023 - Regulatory Relief: Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Mississippi Affected by Severe Storms, Straight-line Winds, and Tornadoes.  www.fdic.gov/news/financial-institution-letters/2023/fil23042.html

August 15, 2023 - Exchange Rate Elasticities of International Tourism and the Role of Dominant Currency Pricing - Ding Ding and Yannick Timmer - In this paper, we estimate exchange rate elasticities of international tourism. Both the bilateral exchange rate and the U.S. dollar exchange rate relative to tourism origin countries are important drivers of tourism flows. www.federalreserve.gov/econres/ifdp/exchange-rate-elasticities-of-international-tourism-and-the-role-of-dominant-currency-pricing.htm

August 14, 2023 - NCUA Monitoring and Assisting Credit Unions Affected by Wildfires in Maui - As Lahaina, Hawaii, works to recover from the destruction caused by wildfires, the National Credit Union Administration is monitoring the situation closely and has resources available to help credit unions affected. https://ncua.gov/newsroom/press-release/2023/ncua-monitoring-and-assisting-credit-unions-affected-wildfires-maui

August 14, 2023 - FDIC Publishes 2023 Risk Review - The 2023 Risk Review provides a comprehensive summary of key developments and risks in the U.S. banking system, as in prior reports, and includes a new section focused on crypto-asset risk. www.fdic.gov/news/press-releases/2023/pr23061.html

August 14, 2023 - Options on Interbank Rates and Implied Disaster Risk - Hitesh Doshi, Hyung Joo Kim, Sang Byung Seo - The identification of disaster risk has remained a significant challenge due to the rarity of macroeconomic disasters. www.federalreserve.gov/econres/feds/options-on-interbank-rates-and-implied-disaster-risk.htm

August 11, 2023 - Regulatory Relief: Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Hawaii Affected by Wildfires.  https://www.fdic.gov/news/financial-institution-letters/2023/fil23041.html

August 11, 2023 - Supervisory Nonobjection Process for State Member Banks Seeking to Engage in Certain Activities Involving Dollar Tokens - https://www.federalreserve.gov/supervisionreg/srletters/SR2308.htm

August 11, 2023 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

August 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

August 11, 2023 - Report to Congress Pursuant to Section 13(3) of the Federal Reserve Act: Bank Term Funding Program. www.federalreserve.gov/publications/files/13-3-report-btfp-20230811.pdf

August 10, 2023 - OCC Allows National Banks and Federal Savings Associations Affected by Wildfires in Hawaii to Close. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-85.html
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August 9, 2023 - The KCFSI suggests financial stress increased moderately in July - The KCFSI suggests financial stress increased moderately in July. www.kansascityfed.org/data-and-trends/kansas-city-financial-stress-index/current-release/

August 9, 2023 - The Pricing Kernel in Options - Steven Heston, Kris Jacobs, Hyung Joo Kim - The empirical option valuation literature specifies the pricing kernel through . the price of risk, or defines it implicitly as the ratio of risk-neutral and physical probabilities. www.federalreserve.gov/econres/feds/the-pricing-kernel-in-options.htm

August 8, 2023 - Loan Purchase Activities: Legal Lending Limit Guidance - The Office of the Comptroller of the Currency is issuing this bulletin to provide banks1 with guidance regarding the applicability of the legal lending limit to purchased loans. www.occ.treas.gov/news-issuances/bulletins/2023/bulletin-2023-27.html

August 8, 2023 - Chicago�s Business Smart Week - In recorded remarks, Austan D. Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago, welcomes participants to ����Chicago�s Business Smart Week, a Chicago Fed event designed to provide diverse and small businesses with tools and opportunities to grow. www.chicagofed.org/publications/speeches/2023/august-1-chicago-business-week

August 8, 2023 - Supervisory Nonobjection Process for State Member Banks Seeking to Engage in Certain Activities Involving Dollar Tokens - This letter provides a description of the supervisory nonobjection process for state member banks seeking to engage in certain activities involving tokens denominated in national currencies and issued using distributed ledger technology or similar technologies to facilitate payments. www.federalreserve.gov/supervisionreg/srletters/SR2308.htm

August 8, 2023 - Creation of Novel Activities Supervision Program - The Federal Reserve has established a Novel Activities Supervision Program to enhance the supervision of novel activities conducted by banking organizations supervised by the Federal Reserve. www.federalreserve.gov/supervisionreg/srletters/SR2307.htm

August 8, 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

August 8, 2023 - Federal Reserve Board provides additional information on its program to supervise novel activities in the banks it oversees.   www.federalreserve.gov/newsevents/pressreleases/bcreg20230808a.htm

August 7, 2023 - Consumer Credit - G.19 - Consumer credit increased at a seasonally adjusted annual rate of 4 percent during the second quarter. www.federalreserve.gov/releases/g19/current/default.htm

August 7, 2023 - Europe: Well-positioned to get through next winter without major gas shortages - Gisela Rua - Following Russia's invasion of Ukraine in early 2022 and resulting international sanctions, natural gas imports from Russia to Europe declined drastically to well below their historical averages. www.federalreserve.gov/econres/notes/feds-notes/europe-well-positioned-to-get-through-next-winter-without-major-gas-shortages-20230807.html

August 7, 2023 - Welcoming remarks by Governor Bowman at the "Fed Listens: Community Listening Session" hosted by the Federal Reserve Bank of Atlanta At "Fed Listens: Community Listening Session" hosted by the Federal Reserve Bank of Atlanta, Atlanta, Georgia.  www.federalreserve.gov/newsevents/speech/bowman20230807a.htm

August 7, 2023 - Federal Reserve Board announces it is seeking individuals with a diverse set of expert insurance perspectives in life, property and casualty, and reinsurance issues to serve on its Insurance Policy Advisory Committee. www.federalreserve.gov/newsevents/pressreleases/other20230807a.htm

August 4, 2023 - What Are Clean Vehicle Credits and Who Qualifies? Six Key Takeaways from a Chicago Fed Webinar - To help shed light on the situation, the Federal Reserve Bank of Chicago hosted a webinar on the clean energy aspects of the IRA, a wide-ranging piece of legislation passed on August 16, 2022. www.chicagofed.org/publications/blogs/chicago-fed-insights/2023/clean-vehicle-credits-recap

August 4, 2023 - FDIC Demands Unbanked, Inc. Cease Making False or Misleading Representations about Deposit Insurance, www.fdic.gov/news/press-releases/2023/pr23060.html

August 4, 2023 - The Restrained Recovery of State and Local Government Payrolls from the Pandemic Recession - David Cashin, Byron Lutz, William Peterman, David Ratner, and Sarah Rodman - On the eve of the outbreak of the COVID-19 pandemic, state and local governmentemployment in the U.S. stood at 20 million. www.federalreserve.gov/econres/notes/feds-notes/the-restrained-recovery-of-state-and-local-government-payrolls-from-the-pandemic-recession-20230804.html

August 4, 2023 - FOIA - Chair Powell's calendar, June 2023. www.federalreserve.gov/foia/chair-powell-calendar-062023.htm

August 4, 2023 - Financial Flows to the United States in 2022: Was There Fragmentation? - Colin R. Weiss - Events of the last five years, such as the U.S.-China trade war, the COVID-19 pandemic, and - most recently - Russia's invasion of Ukraine, have raised concerns in the popular press and among policymakers that the international economic and financial system is at risk of becoming significantly fragmented. www.federalreserve.gov/econres/notes/feds-notes/financial-flows-to-the-united-states-in-2022-was-there-fragmentation-20230804.html

August 4, 2023 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

August 3, 2023 - Chicago�s Business Smart Week - In recorded remarks, Austan D. Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago, welcomes participants to ����Chicago�s Business Smart Week, a Chicago Fed event designed to provide diverse and small businesses with tools and opportunities to grow. www.chicagofed.org/publications/speeches/2023/august-1-chicago-business-week

August 3, 2023 - FDIC Issues List of Banks Examined for CRA Compliance - The list covers evaluation ratings that the FDIC assigned to institutions in May 2023. www.fdic.gov/news/press-releases/2023/pr23059.html

August 3, 2023 - Dealers' Treasury Market Intermediation and the Supplementary Leverage Ratio - Paul Cochran, Sebastian Infante, Lubomir Petrasek, Zack Saravay, Mary Tian - Treasury market intermediation by dealers, including Treasury securities market making and financing, requires regulatory capital. www.federalreserve.gov/econres/notes/feds-notes/dealers-treasury-market-intermediation-and-the-supplementary-leverage-ratio-20230803.html
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August 3, 2023 - OCC Hosts Risk Governance and Capital Markets Workshops in Charlotte - The Office of the Comptroller of the Currency will host two workshops September 19-20 in Charlotte, N.C. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-84.html

August 3, 2023 - FDIC Issues List of Banks Examined for CRA Compliance - August - 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/pr23059.html

August 3, 2023 - Dealers' Treasury Market Intermediation and the Supplementary Leverage Ratio - Paul Cochran, Sebastian Infante, Lubomir Petrasek, Zack Saravay, Mary Tian - Treasury market intermediation by dealers, including Treasury securities market making and financing, requires regulatory capital. www.federalreserve.gov/econres/notes/feds-notes/dealers-treasury-market-intermediation-and-the-supplementary-leverage-ratio-20230803.html

August 2, 2023 - Jeffrey R. Schmid named tenth president and CEO of the Kansas City Fed - Schmid joins the Kansas City Fed August 21, 2023, with more than 40 years of regulatory and banking experience. www.kansascityfed.org/newsroom/2023-news-releases/kansas-city-fed-president-announcement/

August 2, 2023 - Bank Secrecy Act/Anti-Money Laundering Examination Manual Update - The Federal Financial Institutions Examination Council is updating sections and related examination procedures in the FFIEC Bank Secrecy Act/Anti-Money Laundering Examination Manual. www.fdic.gov/news/financial-institution-letters/2023/fil23040.html

August 2, 2023 - Release of Six Sections of the Federal Financial Institutions Examination Council's Bank Secrecy Act/Anti-Money Laundering Examination Manual.   www.federalreserve.gov/supervisionreg/srletters/SR2306.htm
www.ffiec.gov/press/an080223.htm
www.occ.gov/news-issuances/bulletins/2023/bulletin-2023-26.html

August 1, 2023 - Chicago Business Week - In recorded remarks, Austan D. Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago, welcomes participants to ����Chicago�s Business Smart Week, a Chicago Fed event designed to provide diverse and small businesses with tools and opportunities to grow. www.chicagofed.org/publications/speeches/2023/august-1-chicago-business-week

August 1, 2023 - NCUA Working With Credit Unions in Flooded Areas of Vermont - The National Credit Union Administration is working with federally insured credit unions affected by the recent severe storms and flooding in Vermont to help protect consumers and ensure continuity of services. https://ncua.gov/newsroom/press-release/2023/ncua-working-credit-unions-flooded-areas-vermont

August 1, 2023 - OCC Releases CRA Evaluations for 27 National Banks and Federal Savings Associations - The Office of the Comptroller of the Currency today released a list of Community Reinvestment Actperformance evaluations that became public during the period of July 1, 2023, through July 31, 2023. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-83.html

August 1, 2023 - Cybersecurity and Financial System Resilience Report, August 2023 - In response to a Consolidated Appropriations Act requirement, the Board will publish this report annually for the next seven years to describe measures it has taken to strengthen cybersecurity in the financial services sector. www.federalreserve.gov/publications/cybersecurity-and-financial-system-resilience-report.htm

August 1, 2023 - Statistical Release - Foreign Exchange Rates - G.5 - LY 2023 together with comparable figures for other months. Averages.   www.federalreserve.gov/releases/g5/current/default.htm

August 1, 2023 - Can Measurement Error Explain Slow Productivity Growth in Construction? - Daniel Garcia, Raven Molloy - Of all major industries, construction is the only one to have registered negative average productivity growth since 1987. www.federalreserve.gov/econres/feds/can-measurement-error-explain-slow-productivity-growth-in-construction.htm

August 1, 2023 - Federal Reserve Board releases results of survey of senior financial officers at banks about their strategies and practices for managing reserve balances.   www.federalreserve.gov/newsevents/pressreleases/other20230801a.htm