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FFIEC information technology audits - As a former bank examiner with over 40 years IT audit experience, I will bring an examiner's perspective to the FFIEC information technology audit for bankers in Texas, New Mexico, Colorado, and Oklahoma. July 31, 2018 - Midwest Economy Index Points to Slower Growth in June - The Midwest Economy Index decreased to +0.40 in June from +0.58 in May. www.chicagofed.org/~/media/publications/mei/2018/mei-june2018-pdf.pdf July 31, 2018 - NCUA - Greater Christ Baptist Church Credit Union Closes - The Michigan Department of Insurance and Financial Services today liquidated the Greater Christ Baptist Church Credit Union of Detroit and appointed the National Credit Union Administration as liquidating agent. www.ncua.gov/newsroom/Pages/news-2018-july-greater-christ-baptist-church-credit-union-closes.aspx July 31, 2018 - NCUA Issues Prohibition Order - The National Credit Union Administration issued one prohibition order in July. This individual is prohibited from participating in the affairs of any federally insured financial institution. www.ncua.gov/newsroom/Pages/news-2018-july-ncua-issues-prohibition-order.aspx July 31, 2018 - Business Combinations: Updated Comptroller's Licensing Manual - On November 14, 2017, the Office of the Comptroller of the Currency issued a revised “Business Combinations” booklet of the Comptroller’s Licensing Manual. The OCC issued today an updated Version 1.1 of the booklet that makes minor technical corrections and notes one process update. www.occ.treas.gov/news-issuances/bulletins/2018/bulletin-2018-22.html July 31, 2018 - OCC Begins Accepting National Bank Charter Applications From Financial Technology Companies - The Office of the Comptroller of the Currency today announced it will begin accepting applications for national bank charters from nondepository financial technology companies engaged in the business of banking. www.occ.gov/news-issuances/news-releases/2018/nr-occ-2018-74.html July 31, 2018 - Statistical Release - Federal Reserve Seasonal Factors for Motor Vehicle Sales – G.17 - The Federal Reserve Board has re-estimated seasonal factors for new motor vehicle sales, using data through April 2018. These factors are estimated once per year using X13-ARIMA. The factors will be revised again in the summer of 2019. www.federalreserve.gov/releases/g17/mv_sales_sf.htm July 30, 2018 - Statistical Release - Finance Companies - G.20. www.federalreserve.gov/releases/g20/current/g20.htm July 27, 2018 - FDIC Makes Public June Enforcement Actions - No Administrative Hearings Scheduled for August 2018 - The Federal Deposit Insurance Corporation today released a list of orders of administrative enforcement actions taken against banks and individuals in June. www.fdic.gov/news/news/press/2018/pr18046.html July 27, 2018 - Advanced Notice of a Meeting under Expedited Procedures - A closed meeting of the Board of Governors of the Federal Reserve System will be held under expedited procedures at 10:00 a.m. on July 31, 2018. Matter(s) considered: Discussion of Monetary Policy Issues. www.federalreserve.gov/aboutthefed/boardmeetings/20180731closed.htm July 27, 2018 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm July 26, 2018 - Federal Reserve Board issues enforcement action with Community Trust Bank, Inc. - The Federal Reserve Board on Thursday issued a consent order against Community Trust Bank, Inc. of Pikeville, Kentucky, for unfair and deceptive practices, requiring the bank to pay approximately $4.75 million in restitution to approximately 11,000 consumers and make certain consumer compliance enhancements. www.federalreserve.gov/newsevents/pressreleases/enforcement20180726b.htm July 26, 2018 - Federal Reserve Board launches Consumer Compliance Supervision Bulletin - The Federal Reserve Board on Thursday launched the Consumer Compliance Supervision Bulletin--a new publication that will provide bankers and others interested in consumer protection with high-level summaries of pertinent supervisory issues. www.federalreserve.gov/newsevents/pressreleases/bcreg20180726a.htm ________________________________ July 26, 2018 - Federal Reserve Board announces termination of enforcement action with Chicago Shore Corporation and Security Chicago Corporation. www.federalreserve.gov/newsevents/pressreleases/enforcement20180726a.htm July 25, 2018 - A �Principled� Approach to International Guidance for Central Counterparties By Rebecca Lewis - Following the 2007�08 financial crisis, the G20 agreed to implement a clearing mandate, requiring all standardized over-the-counter derivatives to be cleared through a central counterparty. www.chicagofed.org/publications/chicago-fed-letter/2018/400 July 25, 2018 - Prohibition Against Interstate Deposit Production - Annual Host State Loan-to-Deposit Ratios - The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation issued on June 15, 2018, the host state loan-to-deposit ratios. www.occ.treas.gov/news-issuances/bulletins/2018/bulletin-2018-21.html July 25, 2018 - Notice of a Meeting under Expedited Procedures - A closed meeting of the Board of Governors of the Federal Reserve System was held at on July 25, 2018. Matter(s) considered: Periodic Briefing and Discussion on Financial Markets, Institutions, and Infrastructure. www.federalreserve.gov/aboutthefed/boardmeetings/20180725closed.htm July 24, 2018 - June 2018 NCUA Board Meeting Video Available - The video recording of the June 21, 2018, open meeting of the National Credit Union Administration Board is now available on the agency�s website. https://www.ncua.gov/newsroom/Pages/news-2018-july-june-board-meeting-video-available.aspx July 24, 2018 - John F. Eilermann Jr. Joins St. Louis Fed�s Real Estate Industry Council - John F. Eilermann Jr. of Chesterfield, Mo., has been named to the Real Estate Industry Council of the Federal Reserve Bank of St. Louis. Eilermann is chairman and CEO of McBride & Son Homes in Chesterfield. www.stlouisfed.org/news-releases/2018/07/24/john-f-eilermann-jr-joins-st-louis-fed-real-estate-industry-council July 24, 2018 - Notice of a Meeting under Expedited Procedures - A closed meeting of the Board of Governors of the Federal Reserve System was held at on July 24, 2018. Matter(s) considered: Periodic Supervisory Update. www.federalreserve.gov/aboutthefed/boardmeetings/20180724closed.htm July 24, 2018 - Notice of a Meeting under Expedited Procedures - A closed meeting of the Board of Governors of the Federal Reserve System was held at 2:45 p.m. on July 23, 2018. Matter(s) considered: Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks. www.federalreserve.gov/aboutthefed/boardmeetings/20180723closed.htm July 24, 2018 - Federal Reserve Board issues termination of enforcement action with East West Bank. www.federalreserve.gov/newsevents/pressreleases/enforcement20180724a.htm July 23, 2018 - New Report Finds Southern States Struggle to Train for Middle-Skill Jobs - A new report from the Federal Reserve Bank of St. Louis shows that Southern states are at risk of being left behind in this economic expansion if they don�t address a middle-skill workforce gap. www.stlouisfed.org/news-releases/2018/07/23/new-report-finds-southern-states-struggle-to-train-for-middle-skill-jobs July 23, 2018 - Chicago Fed National Activity Index - 00to a rebound in economic growth in June - Led by improvements in production-related indicators, the Chicago Fed National Activity Index rebounded to +0.43 in June from �0.45 in May. Two of the four broad categories of indicators that make up the index increased from May, and three of the four categories made positive contributions to the index in June. www.chicagofed.org/~/media/publications/cfnai/2018/cfnai-july2018-pdf.pdf July 23, 2018 - Capital and Dividends: Revised Comptroller�s Handbook Booklet and Rescissions - The Office of the Comptroller of the Currency issued today the �Capital and Dividends� booklet of the Comptroller�s Handbook. The revised booklet presents the regulatory capital framework and discusses the regulatory capital rules that define regulatory capital and establish minimum capital standards. www.occ.treas.gov/news-issuances/bulletins/2018/bulletin-2018-20.html July 23, 2018 - Vice Chairman for Supervision Randal K. Quarles sworn in for second term as member of the Board of Governors of the Federal Reserve. www.federalreserve.gov/newsevents/pressreleases/other20180723a.htm July 20, 2018 - OCC Enforcement Actions and Terminations for July 2018 - 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/2018/nr-occ-2018-73.html July 20, 2018 - St. Louis Fed's Bullard Gives an Update on the Risk of Yield Curve Inversion - Federal Reserve Bank of St. Louis President James Bullard gave remarks titled �Assessing the Risk of Yield Curve Inversion: An Update� to the Glasgow-Barren County Chamber of Commerce on Friday. www.stlouisfed.org/news-releases/2018/07/20/bullard-update-yield-curve-inversion July 20, 2018 - Simulating the Macroeconomic Effects of Unconventional Monetary Policies - Hess T. Chung, Cynthia L. Doniger, Cristina Fuentes-Albero, Bernd Schlusche, and Wei Zheng - Monetary policy analysis at many central banks employs large-scale macroeconomic models, whose endogenous dynamics link the central bank's policy instruments, via their effect on financial conditions, to policy-relevant macroeconomic outcomes, such as inflation and unemployment. www.federalreserve.gov/econres/notes/feds-notes/simulating-the-macroeconomic-effects-of-unconventional-monetary-policies-20180720.htm July 20, 2018 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm July 20, 2018 - Advanced Notice of a Meeting under Expedited Procedures - A closed meeting of the Board of Governors of the Federal Reserve System will be held under expedited procedures at 10:00 a.m. on July 24, 2018. Matter(s) considered: Periodic Supervisory Update. www.federalreserve.gov/aboutthefed/boardmeetings/20180724closed.htm July 19, 2018 - Federal Reserve Bank of Kansas City Reports on Black Women-Owned Businesses. www.kansascityfed.org/~/media/files/publicat/newsroom/2018/pressrelease071918blackbusiness.pdf July 19, 2018 - Speech by Vice Chairman for Supervision Randal K. Quarles At the Alternative Reference Rates Committee Roundtable, The Federal Reserve Bank of New York, New York, New York. www.federalreserve.gov/newsevents/speech/quarles20180719a.htm July 19, 2018 - Preventing Controversial Catastrophes - Steven D. Baker, Burton Hollifield, and Emilio Osambela - In a market-based democracy, we model different constituencies that disagree regarding the likelihood of economic disasters. www.federalreserve.gov/econres/feds/files/2018052pap.pdf July 19, 2018 - Advanced Notice of a Meeting under Expedited Procedures A closed meeting of the Board of Governors of the Federal Reserve System will be held under expedited procedures at 3:00 p.m. on July 23, 2018. Matter(s) considered: Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks. www.federalreserve.gov/aboutthefed/boardmeetings/20180723closed.htm July 19, 2018 - Modeling Your Stress Away - Friederike Niepmann and Viktors Stebunovs - We investigate systematic changes in banks' projected credit losses between the 2014 and 2016 EBA stress tests, employing methodology from Philippon et al. www.federalreserve.gov/econres/ifdp/files/ifdp1232.pdf July 19, 2018 - From Taylor's Rule to Bernanke's Temporary Price Level Targeting - James Hebden and David Lopez-Salido - Bernanke's strategies for integrating forward guidance into conventional instrument rules anticipate that effective lower bound episodes may become part a regular occurrence and that monetary policy should recognize this likelihood; Bernanke. https://www.federalreserve.gov/econres/feds/files/2018051pap.pdf July 19, 2018 - Speed Limit Policy and Liquidity Traps - Taisuke Nakata, Sebastian Schmidt, and Paul Yoo - The zero lower bound constraint on interest rates makes speed limit policies (SLPs)--policies aimed at stabilizing the output growth--less effective. www.federalreserve.gov/econres/feds/files/2018050pap.pdf July 19, 2018 - Attenuating the Forward Guidance Puzzle: Implications for Optimal Monetary Policy - Taisuke Nakata, Ryota Ogaki, Sebastian Schmidt, and Paul Yoo - We examine the implications of less powerful forward guidance for optimal policy using a sticky-price model with an effective lower bound on nominal interest rates as well as a discounted Euler equation and Phillips curve. www.federalreserve.gov/econres/feds/files/2018049pap.pdf July 19, 2018 - Income Inequality, Financial Crises, and Monetary Policy - Isabel Cairo and Jae W. Sim - We construct a general equilibrium model in which income inequality results in insufficient aggregate demand, deflation pressure, and excessive credit growth by allocating income to agents featuring low marginal propensity to consume, and if excessive, can lead to an endogenous financial crisis. www.federalreserve.gov/econres/feds/files/2018048pap.pdf July 19, 2018 - Effects of fixed nominal thresholds for enhanced supervision - David Hou and Missaka Warusawitharana - Following the financial crisis, the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the implementation of Basel III significantly changed the regulatory landscape in the U.S. www.federalreserve.gov/econres/notes/feds-notes/effects-of-fixed-nominal-thresholds-for-enhanced-supervision-20180719.htm July 19, 2018 - Half-full or Half-empty? Financial Institutions, CDS Use, and Corporate Credit Risk - Cecilia Caglio, R. Matt Darst, and Eric Parolin - We construct a novel U.S. data set that matches bank holding company credit default swap positions to detailed U.S. credit registry data containing both loan and corporate bond holdings to study the effects of banks' CDS use on corporate credit quality. www.federalreserve.gov/econres/feds/files/2018047pap.pdf July 19, 2018 - Federal Reserve Board issues termination of enforcement actions with Community Banks of Georgia, Inc., and Grand Mountain Bancshares, Inc. www.federalreserve.gov/newsevents/pressreleases/enforcement20180719a.htm July 18, 2018 - Chicago Fed Survey of Business Conditions - Survey shows growth slowed some in late May and June - The Chicago Fed Survey of Business Conditions Activity Index moved down to +7 from +20, suggesting that growth in economic activity remained at a moderate pace in late May and June. www.chicagofed.org/~/media/publications/cfsbc/2018/cfsbc-july2018-pdf.pdf July 18, 2018 - Beige Book - Informal review by the Federal Reserve Banks of current economic conditions in their Districts - This report was prepared at the Federal Reserve Bank of Boston based on information collected on or before July 9, 2018. www.federalreserve.gov/monetarypolicy/beigebook201807.htm July 18, 2018 - Speech by Vice Chairman Quarles on factors for tailoring supervision and regulation of large financial institutions Vice Chairman for Supervision Randal K. Quarles. www.federalreserve.gov/newsevents/speech/quarles20180718a.htm _____________________ July 18, 2018 - NCUA - Nine Credit Unions Agree to Late-Filing Penalties for Fourth Quarter of 2017 - Nine federally insured credit unions subject to civil monetary penalties for filing late Call Reports in the fourth quarter of 2017 have agreed to penalties totaling $3,109, the National Credit Union Administration announced today. www.ncua.gov/newsroom/Pages/news-2018-july-nine-credit-unions-late-filing-penalties.aspx July 17, 2018 - NCUA - $736 Million Share Insurance Distribution Payments to Occur Week of July 23 - Next week, the National Credit Union Administration will pay dividends for more than 5,700 institutions eligible for the $735.7 million Share Insurance distribution, the agency announced today. www.ncua.gov/newsroom/Pages/news-2018-july-736-million-share-insurance-distribution-payments.aspx July 17, 2018 - St. Louis Fed Events Connect Financial Institutions with CRA-Eligible Projects - The Federal Reserve Bank of St. Louis is hosting two Investment Connection events to bring together nonprofit organizations and financial institutions interested in lending to and investing in projects within their communities that meet Community Reinvestment Act requirements. www.stlouisfed.org/news-releases/2018/07/17/st-louis-fed-events-connect-financial-institutions-with-cra-eligible-projects July 17, 2018 - Consolidated Reports of Condition and Income - Burden-reducing revisions to all three versions of the Consolidated Reports of Condition and Income are taking effect as of the June 30, 2018, report date. www.fdic.gov/news/news/financial/2018/fil18040.html July 17, 2018 - Testimony by Chairman Jerome H. Powell - Semiannual Monetary Policy Report to the Congress Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C. www.federalreserve.gov/newsevents/testimony/powell20180717a.htm July 17, 2018 - Statistical Release - Industrial Production and Capacity Utilization - G.17 - Industrial production rose 0.6 percent in June after declining 0.5 percent in May. For the second quarter as a whole, industrial production advanced at an annual rate of 6.0 percent, its third consecutive quarterly increase. Manufacturing output moved up 0.8 percent in June. www.federalreserve.gov/releases/g17/Current/default.htm July 16, 2018 - A Monetarist View of the Fed�s Balance Sheet Normalization Period - By Marcelo Veracierto - The Federal Reserve currently holds over $4 trillion in fixed-income assets. However, since the fall of 2017 the Fed has been in a �balance sheet normalization period,� during which the size of its balance sheet is gradually shrinking over time. www.chicagofed.org/publications/economic-perspectives/2018/2 July 16, 2018 - Consolidated Reports of Condition and Income for Second Quarter 2018 - The attached materials pertain to the Consolidated Reports of Condition and Income for the June 30, 2018, report date. www.fdic.gov/news/news/financial/2018/fil18039.html July 13, 2018 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm July 13, 2018 - Report to the Congress - Monetary Policy Report - The Federal Reserve Act requires the Federal Reserve Board to submit written reports to Congress containing discussions of "the conduct of monetary policy and economic developments and prospects for the future." www.federalreserve.gov/monetarypolicy/mpr_default.htm July 12, 2018 - Report to the Congress - Report to the Congress on the Profitability of Credit Card Operations of Depository Institutions, July 2018 www.federalreserve.gov/publications/credit-card-profitability.htm July 12, 2018 - Federal Reserve Board issues enforcement action with United Bank Limited and former employee of Hinsdale Bank & Trust and announces termination of enforcement action with United Bank Limited. www.federalreserve.gov/newsevents/pressreleases/enforcement20180712a.htm _________________________ July 12, 2018 - Federal Reserve Board issues enforcement actions and announces termination of enforcement7 action. www.federalreserve.gov/newsevents/pressreleases/enforcement20180712a.htm July 12, 2018 - Emerging Trends in the Wyoming Economy By Alison Felix Economist and Branch Executive Federal Reserve Bank of Kansas City Denver Branch. www.kansascityfed.org/~/media/files/publicat/speeches/2018/2018-felix-casperforum-07-11%20final.pdf July 11, 2018 - The KC Fed LMCI suggest the level of activity declined and momentum remained high in June - The level of activity indicator declined in June from 0.91 to 0.77, while the momentum indicator accelerated from 1.18 to 1.44. www.kansascityfed.org/~/media/files/publicat/research/indicatorsdata/lmci/2018/lmci_071118.pdf July 11, 2018 - Interagency Forms: Implementation of Updated Interagency Forms - The FDIC is implementing revisions to currently approved interagency forms, based on the recommendations of an interagency working group comprised of representatives from the FDIC, the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency. www.fdic.gov/news/news/financial/2018/fil18038.html July 10, 2018 - OCC Hosts Risk Governance and Credit Risk Workshops in St. Louis - The Office of the Comptroller of the Currency will host two workshops at the Magnolia Hotel St. Louis in St. Louis, Mo., August 21-22, for directors of national community banks and federal savings associations supervised by the OCC. www.occ.gov/news-issuances/news-releases/2018/nr-occ-2018-72.html July 10, 2018 - OCC's Minority Depository Institutions Advisory Committee Charter Renewed - The Office of the Comptroller of the Currency has renewed the charter of its Minority Depository Institutions Advisory Committee, which advises the agency on issues and opportunities facing minority depository institutions. www.occ.gov/news-issuances/news-releases/2018/nr-occ-2018-71.html July 10, 2018 - Regulatory Relief - Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Texas Affected by Severe Storms and Flooding - The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Texas affected by severe storms and flooding. www.fdic.gov/news/news/financial/2018/fil18037.html July 10, 2018 - FRB/US model packages - The main FRB/US model package is a self-contained set of equations, data, programs and documentation that enables various types of simulations and provides information about the model's structure. www.federalreserve.gov/econres/us-models-package.htm July 10, 2018 - Statistical Release - Structure and Share Data for U.S. Banking Offices of Foreign Entities. www.federalreserve.gov/releases/iba/201803/default.htm July 10, 2018 - February 2016 (Revised July 2018) Heterogeneity and Unemployment Dynamics - Hie Joo Ahn and James D. Hamilton - This paper develops new estimates of flows into and out of unemployment that allow for unobserved heterogeneity across workers as well as direct effects of unemployment duration on unemployment-exit probabilities. www.federalreserve.gov/econres/feds/files/2016012r1pap.pdf July 10, 2018 - Self-confirming Price Dispersion in Monetary Economies - Garth Baughman and Steven Rabinovich - In a monetary economy, we show that price dispersion arises as an equilibrium outcome without the need for costly simultaneous search or any heterogeneity in preferences, production costs, or search technologies. www.federalreserve.gov/econres/feds/files/2018046pap.pdf July 10, 2018 - The Local Impact of Containerization -Leah Brooks, Nicolas Gendron-Carrier, and Gisela Rua - We investigate how containerization impacts local economic activity. Containerization is premised on a simple insight: packaging goods for waterborne trade into a standardized container makes them dramatically cheaper to move. www.federalreserve.gov/econres/feds/files/2018045pap.pdf July 10, 2018 - Notice of a Meeting under Expedited Procedures - A closed meeting of the Board of Governors of the Federal Reserve System was held at on July 10, 2018. Matter(s) considered: Proposed Semiannual Monetary Policy Report and Statement to the Congress. www.federalreserve.gov/aboutthefed/boardmeetings/20180710closed.htm July 10, 2018 - Minutes of the Board's discount rate meetings from June 4 and June 13, 2018. www.federalreserve.gov/newsevents/pressreleases/monetary20180710a.htm July 9, 2018 - OCC Hosts Mutual Savings Association Advisory Committee Meeting on July 24 - The Office of the Comptroller of the Currency will host a public meeting of the Mutual Savings Association Advisory Committee Tuesday, July 24, 2018, beginning at 1:00 p.m. Eastern Daylight Time. www.occ.gov/news-issuances/news-releases/2018/nr-occ-2018-70.html July 9, 2018 - Statistical Release - Consumer Credit - G.19 - In May, consumer credit increased at a seasonally adjusted annual rate of 7-1/2 percent. Revolving credit increased at an annual rate of 11-1/2 percent, while nonrevolving credit increased at an annual rate of 6-1/4 percent. www.federalreserve.gov/releases/g19/current/default.htm July 9, 2018 - Notice of a Meeting under Expedited Procedures - A closed meeting of the Board of Governors of the Federal Reserve System was held at 11:00 a.m. on July 9, 2018. Matter(s) considered: Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks. www.federalreserve.gov/aboutthefed/boardmeetings/20180709closed.htm July 9, 2018 - Federal Reserve Board announces approval of application by Lloyds Bank Corporate Markets plc. www.federalreserve.gov/newsevents/pressreleases/orders20180709a.htm July 6, 2018 - Determinants of Housing Values and Variations in Home Prices Across Neighborhoods in Cook County By Maude Toussaint-Comeau , Jin Man Lee - From 2007 to 2009, the U.S. underwent one of the worst recessions in its history, a recession triggered by an unprecedented, international financial crisis that resulted from institutional portfolio concentration in securities backed by home mortgages, and the collapse of that securities market. www.chicagofed.org/publications/profitwise-news-and-views/2018/determinants-of-housing-values-and-variations-in-home-prices-across-neighborhoods-in-cook-county July 6, 2018 - Advanced Notice of a Meeting under Expedited Procedures A closed meeting of the Board of Governors of the Federal Reserve System will be held under expedited procedures at 11:00 a.m. on July 10, 2018. Matter(s) considered: Proposed Semiannual Monetary Policy Report and Statement to the Congress. www.federalreserve.gov/aboutthefed/boardmeetings/20180710closed.htm July 6, 2018 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm July 6, 2018 - Federal Reserve Board issues statement describing how, consistent with recently enacted EGRRCPA, the Board will no longer subject primarily smaller, less complex banking organizations to certain Board regulations - Consistent with the recently enacted Economic Growth, Regulatory Relief, and Consumer Protection Act, the Federal Reserve Board on Friday issued a statement describing how the Board will no longer subject primarily smaller, less complex banking organizations to certain Board regulations, including those relating to stress testing and liquidity. www.federalreserve.gov/newsevents/pressreleases/bcreg20180706b.htm July 6, 2018 - Agencies issue statement regarding the impact of the Economic Growth, Regulatory Relief, and Consumer Protection Act - Federal banking agencies today issued a statement detailing rules and associated reporting requirements that are immediately affected by the enactment of the Economic Growth, Regulatory Relief, and Consumer Protection Act Press Release: www.federalreserve.gov/newsevents/pressreleases/bcreg20180706a.htm Press Release: www.fdic.gov/news/news/press/2018/pr18044.html Press Release: www.occ.gov/news-issuances/news-releases/2018/nr-ia-2018-69.html July 5, 2018 - Minutes of the Federal Open Market Committee, June 12-13, 2018 - A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes. www.federalreserve.gov/newsevents/pressreleases/monetary20180705a.htm |
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