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December 31, 2019 - NCUA Issues Prohibition Notices and Orders - The National Credit Union Administration issued one prohibition notice and one prohibition order in December. These individuals are prohibited from participating in the affairs of any federally insured financial institution. www.ncua.gov/newsroom/press-release/2019/ncua-issues-prohibition-notices-and-orders-2 December 30, 2019 - The Effect of the China Connect - Chang Ma, John Rogers, and Sili Zhou - We document the effect on Chinese firms of the Shanghai (Shenzhen)-Hong Kong Stock Connect. The Connect was an important capital account liberalization introduced in the mid-2010s. www.federalreserve.gov/econres/feds/2019.htm#2019087 December 27, 2019 - Treatment of Extensions of Credit to Certain Investment Funds and Their Portfolio Investments Under 12 CFR 215 and 12 CFR 363: Interagency Statement - The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation today issued the “Statement Regarding Status of Certain Investment Funds and Their Portfolio Investments for Purposes of Regulation O and Reporting Requirements Under Part 363 of FDIC Regulations.” www.occ.gov/news-issuances/bulletins/2019/bulletin-2019-65.html December 27, 2019 - Status of Certain Investment Funds and Their Portfolio Investments for Purposes of Regulation O and Reporting Requirements under Part 363 of FDIC Regulations - The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency are issuing the attached interagency statement to explain that the federal banking agencies will exercise discretion to not take enforcement action against depository institutions or asset managers that become principal shareholders of institutions with respect to certain extensions of credit by institutions that otherwise would violate Federal Reserve Regulation O. www.fdic.gov/news/news/financial/2019/fil19085.html December 27, 2019 - FDIC Makes Public November Enforcement Actions - The Federal Deposit Insurance Corporation today released a list of orders of administrative enforcement actions taken against banks and individuals in November. www.fdic.gov/news/news/press/2019/pr19127.html December 27, 2019 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm December 27, 2019 - Government Performance and Results Act Reports, Strategic Plan (2020-2023) - The Government Performance and Results Act of 1993 requires federal agencies to prepare a strategic plan covering a multiyear period and requires each agency to submit an annual performance plan and an annual performance report. www.federalreserve.gov/publications/gpra.htm December 27, 2019 - Status of Certain Investment Funds and Their Portfolio Investments for Purposes of Regulation O and Reporting Requirements under Part 363 of FDIC Regulations. www.federalreserve.gov/supervisionreg/srletters/sr1916.htm ___________________________ December 27, 2019 - FDIC Makes Public November Enforcement Actions - The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in November. https://www.fdic.gov/news/news/press/2019/pr19127.html December 26, 2019 - Manual - Financial Accounting Manual for Federal Reserve Banks - The Financial Accounting Manual for Federal Reserve Banks contains the accounting standards that should be followed by the Federal Reserve Banks. www.federalreserve.gov/aboutthefed/financial-accounting-manual-for-federal-reserve-banks.htm December 26, 2019 - Disentangling the Effects of the 2018-2019 Tariffs on a Globally Connected U.S. Manufacturing Sector - Aaron Flaaen and Justin Pierce - Since the beginning of 2018, the United States has undertaken unprecedented tariff increases, with one goal of these actions being to boost the manufacturing sector. In this paper, we estimate the effect of the tariffs�including retaliatory tariffs by U.S. trading partners�on manufacturing employment, output, and producer prices. www.federalreserve.gov/econres/feds/files/2019086pap.pdf December 24, 2019 - Four Housing Indicators Point to a Slowdown in 2020 - Four key housing indicators�mortgage rates, existing home sales, real house prices and the momentum of residential investment�have shown movements that resemble those seen in the late stages of past economic expansions. www.stlouisfed.org/news-releases/2019/12/four-housing-indicators-point-to-a-slowdown-in-2020 December 23, 2019 - Chicago Fed National Activity Index Points to a Rebound in Economic Growth in November - Led by improvements in production-related indicators, the Chicago Fed National Activity Index rose to +0.56 in November from �0.76 in October. www.chicagofed.org/~/media/publications/cfnai/2019/cfnai-december2019-pdf.pdf December 23, 2019 - FDIC's Supervisory Insights Fall 2019 Edition Focuses on Commercial Real Estate Lending and the Leveraged Lending Market. www.fdic.gov/news/news/press/2019/pr19126.html December 23, 2019 - Federal Reserve approves modifications to National Settlement Service and Fedwire� Funds Service to support enhancements to the same-day automated clearinghouse service. www.federalreserve.gov/newsevents/pressreleases/other20191223a.htm December 20, 2019 - 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/2019/nr-occ-2019-151.html December 20, 2019 - Legal Interpretations - Bank Holding Company Act, November 26, 2019. www.federalreserve.gov/supervisionreg/legalinterpretations/bhcchangeincontrol20191126a.pdf December 20, 2019 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm December 20, 2019 - Agencies extend comment period for proposed rule to amend swap margin rules - Five federal agencies today announced they will reopen and extend until January 23, 2020, the comment period on a proposal to change swap margin rules to facilitate the implementation of prudent risk management strategies at certain banks and swap entities. Press Release: www.federalreserve.gov/newsevents/pressreleases/bcreg20191220b.htm Press Release: www.fdic.gov/news/news/press/2019/pr19125.html Press Release: www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-152.html December 20, 2019 - Agencies extend deadline on request for information on CAMELS rating system - The Federal Deposit Insurance Corporation and the Federal Reserve Board on Friday announced that they will extend until February 28, 2020, the deadline on the request for information on their use of the Uniform Financial Institutions Rating System, also known as the CAMELS rating system. Press Release: www.federalreserve.gov/newsevents/pressreleases/bcreg20191220a.htm Press Release: www.fdic.gov/news/news/press/2019/pr19124.html December 19, 2019 - The Federal Reserve Bank of Kansas City began a monthly release of the Kansas City Financial Stress Index in August 2009. The index is a monthly measure of stress in the U.S. financial system based on 11 market variables. www.kansascityfed.org/~/media/files/publicat/newsroom/2019/final_2020schedule.pdf December 19, 2019 - Senior Credit Officer Opinion Survey on Dealer Financing Terms, December 2019 - The December 2019 Senior Credit Officer Opinion Survey on Dealer Financing Terms collected qualitative information on changes over the previous three months in credit terms and conditions in securities financing and over-the-counter derivatives markets. www.federalreserve.gov/data/scoos/scoos-201912.htm December 19, 2019 - Federal Reserve report assesses information presented to prospective borrowers on small business online lender websites - The Federal Reserve Board on Thursday released Uncertain Terms: What Small Business Borrowers Find When Browsing Online Lender Websites, a report that examines the information that prospective small business borrowers encounter when researching and comparing credit products offered by online lenders. www.federalreserve.gov/newsevents/pressreleases/other20191219b.htm ____________________________ December 19, 2019 - OCC Enforcement Actions and Terminations - The Office of the Comptroller of the Currency (OCC) 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. https://www.occ.treas.gov/news-issuances/news-releases/2019/nr-occ-2019-151.html December 19, 2019 - The Growth and Challenges of Cyber Insurance By Andrew Granato , Andy Polacek - Cyberattacks have grown in frequency and cost over the past decade, with high-profile cases, such as the 2013 Target data breach, the 2017 Equifax data breach, and the leak of Democratic National Committee emails during the 2016 election making national headlines. www.chicagofed.org/publications/chicago-fed-letter/2019/426 December 19, 2019 - OCC Reports Mortgage Performance Improves Slightly - The Office of the Comptroller of the Currency reported a slight improvement in the performance of first-lien mortgages in the federal banking system during the third quarter of 2019. www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-150.html December 19, 2019 - Statistical Release - Finance Companies - G.20. www.federalreserve.gov/releases/g20/current/g20.htm December 19, 2019 - Statistical Release - Household Debt Service and Financial Obligations Ratios - Household debt service payments and financial obligations as a percentage of disposable personal income; seasonally adjusted. www.federalreserve.gov/releases/housedebt/default.htm December 19, 2019 - Federal Reserve payments study finds growth in card and automated clearinghouse payments - The growth of payments using debit and credit cards and the automated clearinghouse system continued to accelerate from 2015 to 2018, while check payments continued their long-run decline, according to U.S. noncash payments data collected by the Federal Reserve. www.federalreserve.gov/newsevents/pressreleases/other20191219a.htm December 19, 2019 - Federal Reserve Board issues enforcement action with Soci�t� G�n�rale S.A. and Soci�t� G�n�rale, New York Branch. www.federalreserve.gov/newsevents/pressreleases/enforcement20191219a.htm December 18, 2019 - Check Up Before You Check Out By Diane Alexander , Janet Currie , Molly Schnell , Lisa Camner McKay - Retail clinics offer convenient, low-cost preventive health care and treatment for minor injury and illness. www.chicagofed.org/publications/chicago-fed-letter/2019/428 December 18, 2019 - OCC Reports Third Quarter 2019 Bank Trading Revenue - The Office of the Comptroller of the Currency reported trading revenue of U.S. commercial banks and federal savings associations of $7.2 billion in the third quarter 2019, which was $0.9 billion, or 10.9 percent, less than the previous quarter. www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-149.html December 18, 2019 - Release schedule for the Kansas City Fed's Labor Market Conditions Indicators - The Kansas City Fed�s Labor Market Conditions Indicators are two monthly measures of labor market conditions based on 24 labor market variables. www.kansascityfed.org/~/media/files/publicat/research/indicatorsdata/lmci/lmcireleasedates2020.pdf December 18, 2019 - Federal Reserve Bank of Kansas City names new Denver Branch Executive - The Federal Reserve Bank of Kansas City President and Chief Executive Officer Esther L. George on Tuesday announced the appointment of Nicholas Sly as Assistant Vice President and Branch Executive of the Kansas City Fed�s Denver Branch office, effective Jan. 1, 2020. www.kansascityfed.org/~/media/files/publicat/newsroom/2019/slydenver_final2.pdf December 18, 2019 - Advisory Council - Community Depository Institutions Advisory Council, Record of Meeting - November 8, 2019 - 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 December 18, 2019 - Speech by Governor Brainard on update on digital currencies, stablecoins, and the challenges ahead On the Monetary Policy, Technology, and Globalisation Panel at "Monetary Policy: The Challenges Ahead," an ECB Colloquium Held in Honour of Beno�t Coeur�, Frankfurt, Germany. www.federalreserve.gov/newsevents/speech/brainard20191218a.htm December 18, 2019 - Federal Reserve Board launches new Twitter account highlighting research published in the Board's working papers and notes series, other staff articles, and conferences. www.federalreserve.gov/newsevents/pressreleases/other20191218b.htm December 18, 2019 - Federal Reserve Board appoints Beth Anne Wilson as director of the Division of International Finance, effective February 1 - Wilson, currently a deputy director of the division, will succeed Steven B. Kamin, who will serve as a senior adviser to the division before retiring at the end of April. www.federalreserve.gov/newsevents/pressreleases/other20191218a.htm December 17, 2019 - NCUA: Q3 2019 State Credit Union Data Report Now Available - Federally insured credit unions generally saw continued positive trends in the third quarter of 2019, according to the latest NCUA Quarterly U.S. Map Review. www.ncua.gov/newsroom/press-release/2019/ncua-q3-2019-state-credit-union-data-report-now-available. December 17, 2019 - FDIC Announces Departure of Chief Information Officer Howard Whyte - The Federal Deposit Insurance Corporation today announced that Howard Whyte, Chief Information Officer and Chief Privacy Officer, has resigned his position to pursue an opportunity in the private sector. Mr. Whyte's final day at the FDIC will be January 3, 2020. www.fdic.gov/news/news/press/2019/pr19122.html December 17, 2019 - Publications - Consumer Compliance Supervision Bulletin, December 2019 - The Consumer Compliance Supervision Bulletin shares information about Federal Reserve examiners' observations and other noteworthy developments related to consumer protection. www.federalreserve.gov/publications/files/201912-consumer-compliance-supervision-bulletin.pdf December 17, 2019 - Statistical Release - Industrial Production and Capacity Utilization - G.17 - Industrial production and manufacturing production both rebounded 1.1 percent in November after declining in October. These sharp November increases were largely due to a bounceback in the output of motor vehicles and parts following the end of a strike at a major manufacturer. www.federalreserve.gov/releases/g17/current/default.htm December 17, 2019 - Agencies find no deficiencies in resolution plans from the largest banks; find shortcomings for several firms - The Federal Reserve Board and Federal Deposit Insurance Corporation announced Tuesday that they did not find any "deficiencies," which are weaknesses that could result in additional prudential requirements if not corrected, in the resolution plans of the largest and most complex domestic banks. Press Release: www.federalreserve.gov/newsevents/pressreleases/bcreg20191217a.htm Press Release: www.fdic.gov/news/news/press/2019/pr19123.html December 17, 2019 - Federal Reserve Board announces series of "fintech innovation office hours" across the country to meet with banks and companies engaged in emerging financial technologies. www.federalreserve.gov/newsevents/pressreleases/other20191217a.htm December 16, 2019 - Economy to Grow at Pace Near Average in 2020, Say Chicago Fed Economic Outlook Symposium Participants - The 33rd annual Economic Outlook Symposium, held in Chicago on December 13, drew participants from the manufacturing, banking, and auto industries, as well as academia and consulting and service firms. www.chicagofed.org/~/media/others/events/2019/economic-outlook-symposium/eos-press-release-pdf.pdf December 16, 2019 - The three federal banking agency members of the Federal Financial Institutions Examination Council with Community Reinvestment Act responsibilities today announced the availability of data on small business, small farm, and community development lending reported by certain commercial banks and savings associations, pursuant to the CRA. Press Release: www.ffiec.gov/press/pr121619.htm Press Release: www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-148.html December 16, 2019 - Fiscal Flow Volatility and Reserves - Jeffrey Huther, Luke Pettit, and Mark Wilkinson - Fiscal flows into and out of the U.S. Treasury's account have the effect of creating volatility in the Treasury's cash balances, its debt issuance, and the stock of reserves in the banking system. www.federalreserve.gov/econres/notes/feds-notes/fiscal-flow-volatility-and-reserves-20191216.htm December 16, 2019 - How Well Does Economic Uncertainty Forecast Economic Activity? - John Rogers and Jiawen Xu - Despite the enormous reach and influence of the literature on economic and economic policy uncertainty, one surprisingly under-researched topic has been the forecasting performance of economic uncertainty measures. www.federalreserve.gov/econres/feds/files/2019085pap.pdf December 16, 2019 - Federal Reserve Board announces approval of application by First Citizens BancShares, Inc. www.federalreserve.gov/newsevents/pressreleases/orders20191216a.htm December 13, 2019 - Increasing Business Cycles Synchronization: The Role of Global Value Chains, Market Power and Extensive Margin Adjustments - Fran�ois de Soyres and Alexandre Gaillard - Over the past 30 years, international business cycle co-movements have increased markedly all over the world. www.federalreserve.gov/econres/notes/feds-notes/increasing-business-cycles-synchronization-20191213.htm December 13, 2019 - Out-of-Sample Performance of Recession Probability Models - Tyler Pike and Francisco Vazquez-Grande - In recent months, the inversion of the yield curve�long-term bond yields below short-term interest rates�has sparked fears of an imminent recession risk for the U.S. economy and has reignited the debate on how to best use information from fixed-income markets to predict recession risks. www.federalreserve.gov/econres/notes/feds-notes/out-of-sample-performance-of-recession-probability-models-20191213.htm December 13, 2019 - Spike in 2019Q1 Leverage Ratios: The Impact of Operating Leases - Dino Palazzo and Jie Yang - In 2019:Q1, the leverage ratio for nonfinancial sector corporations headquartered in the United States � commonly measured as the ratio of total debt to total book value of assets � increased dramatically, as shown in Figure 1, with the aggregate ratio increasing by about 1.8 percentage points and the median ratio increasing by about 3.7 percentage points. www.federalreserve.gov/econres/notes/feds-notes/spike-in-2019Q1-leverage-ratios-20191213.htm December 13, 2019 - A closed meeting of the Board of Governors of the Federal Reserve System was held at on December 13, 2019. Matter(s) considered: Supervisory Matter. www.federalreserve.gov/aboutthefed/boardmeetings/20191213closed.htm December 13, 2019 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm December 13, 2019 - The Propagation of Demand Shocks Through Housing Markets - Elliot Anenberg and Daniel R. Ringo - Housing demand stimulus produces a multiplier effect by freeing up owners attempting to sell their current home, allowing them to re-enter the market as buyers and triggering a chain of further transactions. www.federalreserve.gov/econres/feds/files/2019084pap.pdf December 13, 2019 - Federal Advisory Council, Record of Meeting - November 22, 2019 - The Federal Advisory Council, which is composed of twelve representatives of the banking industry, consults with and advises the Board on all matters within the Board's jurisdiction. www.federalreserve.gov/aboutthefed/fac.htm December 13, 2019 - Federal Reserve Board announces it will extend until January 22, 2020, comment period for its proposal to establish risk-based capital requirements for certain insurance companies supervised by the Board. www.federalreserve.gov/newsevents/pressreleases/bcreg20191213a.htm December 13, 2019 - Notice of Proposed Rulemaking on Revisions to the Community Reinvestment Act Regulations - The FDIC and the Office of the Comptroller of the Currency are issuing a joint Notice of Proposed Rulemaking to comprehensively amend the Community Reinvestment Act's implementing regulations. www.fdic.gov/news/news/financial/2019/fil19081.html December 13, 2019 - Interagency Statement on the Use of Alternative Data in Credit Underwriting - The FDIC, the Federal Reserve Board, the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, and the National Credit Union Administration issued an interagency statement on the use of alternative data in underwriting by banks, credit unions, and nonbank financial firms. www.fdic.gov/news/news/financial/2019/fil19082.html December 13, 2019 - Request for Comments on Unsafe and Unsound Banking Practices: Brokered Deposit Restrictions - The FDIC has issued a Notice of Proposed Rulemaking (NPR) seeking comment on proposed revisions to its brokered deposit regulations. www.fdic.gov/news/news/financial/2019/fil19083.html December 12, 2019 - NCUA - Board Approves 2020�2021 Budgets - Risk-Based Capital Rule Delayed; Normal Operating Level Stays at 1.38 Percent. www.ncua.gov/newsroom/press-release/2019/board-approves-2020-2021-budgets December 12, 2019 - NCUA Board Member Todd M. Harper Statement on the 2020-2021 Budget. www.ncua.gov/newsroom/speech/2019/ncua-board-member-todd-m-harper-statement-2020-2021-budget December 12, 2019 - NCUA Board Member Todd M. Harper Statement on the Risk-based Capital Rule Delay. www.ncua.gov/newsroom/speech/2019/ncua-board-member-todd-m-harper-statement-risk-based-capital-rule-delay December 12, 2019 - NCUA Board Member J. Mark McWatters Statement on Consumer Protection. www.ncua.gov/newsroom/speech/2019/ncua-board-member-j-mark-mcwatters-statement-consumer-protection December 12, 2019 - FDIC and OCC Propose to Modernize Community Reinvestment Act Regulations - The Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency today announced a proposal to modernize the agencies� regulations under the Community Reinvestment Act that have not been substantively updated for nearly 25 years. www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-147.html December 12, 2019 - Comptroller Statement Regarding Joint Proposal to Modernize the Community Reinvestment Act Regulations - Comptroller of the Currency Joseph Otting today released the following statement regarding the publication of the joint notice of proposed rulemaking to modernize the Community Reinvestment Act regulations. www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-146.html December 12, 2019 - Federal Reserve Board announces annual adjustment to the asset-size threshold in Regulation I - The Federal Reserve Board on Thursday announced the annual adjustment to the asset-size threshold in Regulation I that determines the dividend rate paid to banks that are members of the Federal Reserve System. www.federalreserve.gov/newsevents/pressreleases/bcreg20191212a.htm ____________________________ December 12, 2019 - Statistical Release - Financial Accounts of the United States - Z.1 - The Financial Accounts of the United States includes data on transactions and levels of financial assets and liabilities, by sector and financial instrument; full balance sheets, including net worth, for households and nonprofit organizations, nonfinancial corporate businesses, and nonfinancial noncorporate businesses; Integrated Macroeconomic Accounts; and additional supplemental detail. www.federalreserve.gov/releases/z1/ December 12, 2019 - Federal Reserve Board announces termination of enforcement actions with JPMorgan Chase & Co., Spirit BankCorp, Inc., U.S. Bancorp, and USB Americas Holdings Company www.federalreserve.gov/newsevents/pressreleases/enforcement20191212a.htm December 11, 2019 - The Impact of Trade on the North American Auto Industry By Thomas H. Klier - On September 4�5, 2019, the Chicago Fed held a conference at its Detroit Branch to discuss trade�s role in shaping the North American auto industry. www.chicagofed.org/publications/chicago-fed-letter/2019/427 December 11, 2019 - A closed meeting of the Board of Governors of the Federal Reserve System will be held under expedited procedures at 1:00 p.m. on December 13, 2019. Matter(s) considered: Supervisory Matter. www.federalreserve.gov/aboutthefed/boardmeetings/20191213closed.htm December 11, 2019 - A closed meeting of the Board of Governors of the Federal Reserve System was held at on December 10, 2019 and continued at 9:00 a.m. on December 11, 2019. Matter(s) considered: Discussion of Monetary Policy Issues. www.federalreserve.gov/aboutthefed/boardmeetings/20191210closed.htm December 11, 2019 - Federal Reserve Board and Federal Open Market Committee release economic projections from the December 10-11 FOMC meeting - The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Open Market Committee participants for the December 10-11 meeting. www.federalreserve.gov/newsevents/pressreleases/monetary20191211b.htm December 11, 2019 - Federal Reserve issues FOMC statement - Information received since the Federal Open Market Committee met in October indicates that the labor market remains strong and that economic activity has been rising at a moderate rate. www.federalreserve.gov/newsevents/pressreleases/monetary20191211a.htm December 9, 2019 - NCUA Chairman Rodney E. Hood Remarks - 2019 Federal Home Loan Bank Atlanta Credit Union Conference www.ncua.gov/newsroom/speech/2019/ncua-chairman-rodney-e-hood-remarks-2019-federal-home-loan-bank-atlanta-credit-union-conference December 9, 2019 - OCC Highlights Key Risks for Federal Banking System - The Office of the Comptroller of the Currency today reported operational, credit, and interest rate risks are among the key themes for the federal banking system in its Semiannual Risk Perspective for Fall 2019. www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-145.html December 9, 2019 - Request for Information on a Framework for Analyzing the Effects of FDIC Regulatory Actions - The Federal Deposit Insurance Corporation today issued a Request for Information seeking comment on approaches it uses, or is considering using, to analyze the effects of its regulatory actions. www.fdic.gov/news/news/financial/2019/fil19079.html December 9, 2019 - Statement from Chair Powell on the death of Paul A. Volcker. www.federalreserve.gov/newsevents/pressreleases/other20191209a.htm December 8, 2019 - Kansas City Fed announces winners of annual Code-A-Thon - The Federal Reserve Bank of Kansas City announced a team from Pittsburg State University won first place in the fourth annual Kansas City Fed Code-AThon. www.kansascityfed.org/~/media/files/publicat/newsroom/2019/codeathonwinnersannouncedfinal11819.pdf December 6, 2019 - NCUA Releases Q3 2019 Credit Union System Performance Data - Beginning with the third-quarter data report, the NCUA has added a new feature: a spreadsheet listing all federally insured credit unions active as of Sept. 30, including key metrics. www.ncua.gov/newsroom/press-release/2019/ncua-releases-q3-2019-credit-union-system-performance-data December 6, 2019 - Federal Reserve Bank of St. Louis Announces New Banking Leader - The Federal Reserve Bank of St. Louis has named Carl White to succeed Julie Stackhouse as the Bank�s top managing officer for Banking Supervision, Credit, Community Development and Learning Innovation, upon Stackhouse�s planned retirement in early March. www.stlouisfed.org/news-releases/2019/12/federal-reserve-bank-of-st-louis-announces-new-banking-leader December 6, 2019 - Statistical Release - Consumer Credit - G.19 - In October, consumer credit increased at a seasonally adjusted annual rate of 5-1/2 percent. Revolving credit increased at an annual rate of 8-3/4 percent, while nonrevolving credit increased at an annual rate of 4-1/4 percent. www.federalreserve.gov/releases/g19/current/default.htm December 6, 2019 - FOIA - Chair Powell's calendar, October 2019. www.federalreserve.gov/foia/chairman-powell-calendar.htm December 6, 2019 - 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 December 10, 2019. Matter(s) considered: Discussion of Monetary Policy Issues. www.federalreserve.gov/aboutthefed/boardmeetings/20191210closed.htm December 6, 2019 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm ______________________ December 5, 2019 - Detroit Economic Activity Index - Download the indexes. | Download the list of indicators. - The Detroit Economic Activity Index measures growth in economic activity for the city of Detroit. The index is constructed using a mixed-frequency dynamic factor model of 23 Detroit-specific data series capturing income, employment, residential and commercial real estate activity, electric customer counts, tax revenues, and port activity. www.chicagofed.org/publications/deai/index December 5, 2019 - Can Broader Access to Direct CCP Clearing Reduce the Concentration of Cleared Derivatives? By Nahiomy Alvarez - In November 2008, at the height of the global financial crisis, leaders from the Group of Twenty nations, representing the world�s largest economies, convened in Washington, DC, to develop a new regulatory framework to help foster financial stability. www.chicagofed.org/publications/economic-perspectives/2019/3 December 5, 2019 - NCUA Chairman Rodney E. Hood Congressional Testimony - Hearing on Oversight of Financial Regulators. www.ncua.gov/newsroom/testimony/2019/ncua-chairman-rodney-e-hood-congressional-testimony-hearing-oversight-financial-regulators-0 December 5, 2019 - OCC Releases CRA Evaluations for 22 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 November 1, 2019 through November 30, 2019. www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-144.html December 4, 2019 - NCUA Chairman Rodney E. Hood Congressional Testimony - Hearing on Oversight of Financial Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions. www.ncua.gov/newsroom/testimony/2019/ncua-chairman-rodney-e-hood-congressional-testimony-hearing-oversight-financial-regulators-ensuring December 4, 2019 - Comptroller Submits Written Statement on the Condition of the Federal Banking System, Regulatory Priorities www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-143.html December 4, 2019 - FDIC Issues List of Banks Examined for CRA Compliance - The list covers evaluation ratings that the FDIC assigned to institutions in September 2019. www.fdic.gov/news/news/press/2019/pr19118.html December 4, 2019 - Testimony by Vice Chair for Supervision Randal K. Quarles Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. www.federalreserve.gov/newsevents/testimony/quarles20191204a.htm December 3, 2019 - Brave-Butters-Kelley Indexes Business Cycle Indexes and Monthly GDP Growth - The Brave-Butters-Kelley Coincident Index was �0.6 standard deviations from trend growth in October 2019, and the BBK Leading Index was �0.2 standard deviations from trend growth. www.chicagofed.org/~/media/publications/bbki/2019/bbki-october2019-pdf.pdf December 3, 2019 - Consolidated Reports of Condition and Income : Webinar - The webinar will address the revisions to the FFIEC 051 call report that were effective in 2019 and the proposed changes to be effective beginning with the March 30, 2020, report date. www.occ.gov/news-issuances/bulletins/2019/bulletin-2019-63.html December 3, 2019 - St. Louis Fed Ag Survey: Results Continue to Forecast Declines in Farm Income - A majority of lenders continued to report declines in farm income relative to a year earlier according to the latest Agricultural Finance Monitor published by the Federal Reserve Bank of St. Louis. www.stlouisfed.org/news-releases/2019/11/14/st-louis-fed-ag-survey-results-continue-to-forecast-declines-in-farm-income December 3, 2019 - FDIC Seeks Comment on Approaches to Cost-Benefit Analysis - The Federal Deposit Insurance Corporation is issuing a Request for Information seeking comment on approaches it uses, or is considering using, to analyze the effects of its regulatory actions. www.fdic.gov/news/news/press/2019/pr19116.html December 3, 2019 - Testimony by Vice Chair for Supervision Randal K. Quarles Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. www.federalreserve.gov/newsevents/testimony/quarles20191204a.htm December 3, 2019 - Federal Regulators issue joint statement on the use of alternative data in credit underwriting - Five Federal financial regulatory agencies today issued a joint statement on the use of alternative data in underwriting by banks, credit unions, and non-bank financial firms. Press Release: www.federalreserve.gov/newsevents/pressreleases/bcreg20191203b.htm Press Release: www.fdic.gov/news/news/press/2019/pr19117.html Press Release: www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-142.html Press Release: www.occ.gov/news-issuances/bulletins/2019/bulletin-2019-62.html Press Release: www.ncua.gov/newsroom/press-release/2019/federal-regulators-issue-joint-statement-use-alternative-data-credit-underwriting December 3, 2019 - Federal Reserve Board announces termination of enforcement action with Bank of America. www.federalreserve.gov/newsevents/pressreleases/enforcement20191203a.htm December 3, 2019 - Agencies clarify requirements for providing financial services to hemp-related businesses - Four federal agencies in conjunction with the state bank regulators today issued a statement clarifying the legal status of hemp growth and production and the relevant requirements under the Bank Secrecy Act for banks providing services to hemp-related businesses. Press Release: www.federalreserve.gov/newsevents/pressreleases/bcreg20191203a.htm Press Release: www.fdic.gov/news/news/press/2019/pr19115.html Press Release: www.fdic.gov/news/news/financial/2019/fil19078.html Press Release: www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-141.html Press Release: www.occ.gov/news-issuances/bulletins/2019/bulletin-2019-61.html December 2, 2019 - Midwest Economy Index - Index points to little change in Midwest economic growth in October - The Midwest Economy Index edged up to �0.41 in October from �0.45 in September. Contributions to the October MEI from three of the four broad sectors of nonfarm business activity and four of the five Seventh Federal Reserve District states increased from September. www.chicagofed.org/~/media/publications/mei/2019/mei-october2019-pdf.pdf December 2, 2019 - Webinar on Revisions to the Consolidated Reports of Condition and Income - The federal banking agencies, under the auspices of the Federal Financial Institutions Examination Council, will conduct an interagency webinar to discuss revisions to the FFIEC 051 Call Report that have been implemented in 2019 and proposed reporting changes that would take effect beginning with the first quarter 2020 report. www.fdic.gov/news/news/financial/2019/fil19077.html December 2, 2019 - FDIC Releases its Formal and Informal Enforcement Actions Manual - The FDIC posted its Formal and Informal Enforcement Actions Manual to its website to provide greater transparency regarding the FDIC's enforcement program. www.fdic.gov/news/news/financial/2019/fil19076.html December 2, 2019 - Regulatory Capital Rule: New Standardized Approach for Calculating the Exposure Amount of Derivative Contracts - The federal bank regulatory agencies have jointly issued a final rule that amends the regulatory capital rule to implement a new approach for calculating the exposure amount for derivative contracts, which is called the "standardized approach for counterparty credit risk". www.fdic.gov/news/news/financial/2019/fil19074.html December 2, 2019 - Statistical Release - Foreign Exchange Rates - G.5. www.federalreserve.gov/releases/g5/current/default.htm December 2, 2019 - Credit and Liquidity Programs and the Balance sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm |
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