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.

November 30, 2023 - OCC Issues First and Second 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 first and second quarters of 2024. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-128.html

November 30, 2023 - FDIC Office of the Ombudsman Updates Post-Examination Surveys - The Federal Deposit Insurance Corporation is notifying FDIC-supervised financial institutions that the Office of the Ombudsman, which is responsible for administering the Post-Examination Surveys, is updating the Survey and the transmission process for Risk Management and Compliance and/or CRA examination. www.fdic.gov/news/financial-institution-letters/2023/fil23059.html
_______________________

November 30, 2023 - OCC Issues First and Second 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 first and second quarters of 2024. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-128.html

November 30, 2023 - FDIC Office of the Ombudsman Updates Post-Examination Surveys - The Federal Deposit Insurance Corporation is notifying FDIC-supervised financial institutions that the Office of the Ombudsman, which is responsible for administering the Post-Examination Surveys, is updating the Survey and the transmission process for Risk Management and Compliance and/or CRA examination. www.fdic.gov/news/financial-institution-letters/2023/fil23059.html

November 30, 2023 - FDIC Issues CRA Examination Schedules for First Quarter 2024 and Second Quarter 2024 - The Federal Deposit Insurance Corporation today issued the lists of institutions scheduled for a Community Reinvestment Act examination during the first quarter 2024 and second quarter 2024. www.fdic.gov/news/press-releases/2023/pr23100.html

November 29, 2023 - Tenth District Beige Book - Tenth District Summary for Beige Book - Consumers were increasingly likely to �share a roof and share meals� to manage household budget challenges. www.kansascityfed.org/surveys/beige-book/tenth-district-beige-book/

November 29, 2023 - St. Louis Fed Releases Beige Book - The local report summarizes economic conditions for the Eighth District, which is based in St. Louis and covers all of Arkansas and parts of Illinois, Indiana, Kentucky, Mississippi, Missouri and Tennessee. www.stlouisfed.org/news-releases/2023/11/29/st-louis-fed-releases-beige-book

November 29, 2023 - FDIC-Insured Institutions Reported Net Income of $68.4 Billion in Third Quarter 2023 - Reports from 4,614 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation reflect aggregate net income of $68.4 billion in third quarter 2023, down $2.4 billion (3.4 percent) from the prior quarter. www.fdic.gov/news/press-releases/2023/pr23099.html

November 29, 2023 - Beige Book - Informal review by the Federal Reserve Banks of current economic conditions in their Districts.  www.federalreserve.gov/monetarypolicy/publications/beige-book-default.htm

November 29, 2023 - The International Spillovers of Synchronous Monetary Tightening - Dario Caldara, Francesco Ferrante, Matteo Iacoviello, Andrea Prestipino, and Albert Queralto - We use historical data and a calibrated model of the world economy to study how a synchronous monetary tightening can amplify cross-border transmission of monetary policy. www.federalreserve.gov/econres/ifdp/the-international-spillovers-of-synchronous-monetary-tightening.htm

November 29, 2023 - Debt Flexibility - Rhys Bidder, Nicolas Crouzet, Margaret M. Jacobson, Michael Siemer - This paper documents new facts on the modification of bank loans using FR Y-14Q regulatory data on C&I loans. www.federalreserve.gov/econres/feds/debt-flexibility.htm

November 28, 2023 - Land Value Taxes�What They Are and Where They Come From By Elizabeth Kepner , Rick Mattoon - Changes to property tax structures, including the introduction of split-rate taxation, have been seeing increased interest from policymakers. www.chicagofed.org/publications/chicago-fed-letter/2023/489

November 28, 2023 - NCUA Reinstates Civil Money Penalties for Late Call Report Filing - The National Credit Union Administration today announced that it will reinstate assessing civil money penalties for credit unions failing to submit NCUA Form 5300 Call Report on time, effective January 1, 2024. https://ncua.gov/newsroom/press-release/2023/ncua-reinstates-civil-money-penalties-late-call-report-filing

November 28, 2023 - Third Quarter 2023 Banking Conditions - Funding challenges impact earnings performance and liquidity positions. www.kansascityfed.org/banking/district-banking-conditions/third-quarter-2023-banking-conditions/

November 28, 2023 - FDIC Systemic Resolution Advisory Committee to Meet Next Week - The Federal Deposit Insurance Corporation�s Systemic Resolution Advisory Committee will meet on Tuesday, December 5, 2023, at 9:00 am ET. www.fdic.gov/news/press-releases/2023/pr23098.html

November 28, 2023 - Commercial Bank Examination Manual, October 2023 - Effective December 31, 2017, the Board will no longer offer print versions or subscriptions for the Commercial Bank Examination Manual. You can still access the manual on the Board's website below. www.federalreserve.gov/publications/supervision_cbem.htm

November 28, 2023 - Money Stock Measures - H.6 Release. www.federalreserve.gov/releases/h6/current/default.htm

November 28, 2023 - Speech by Vice Chair for Supervision Barr on Community Reinvestment Act At the Modernized Community Reinvestment Act and Indian Country, the Federal Reserve Bank of Minneapolis, Minneapolis, Minnesota (virtual).  www.federalreserve.gov/newsevents/speech/barr20231128a.htm

November 28, 2023 - Speech by Govenor Waller on the economic outlook At the American Enterprise Institute, Washington, D.C. www.federalreserve.gov/newsevents/speech/waller20231128a.htm

November 28, 2023 - Speech by Governor Bowman on monetary policy and the economy At the Utah Bankers Association and Salt Lake City Chamber Banker and Business Leader Breakfast, Salt Lake City, Utah.  www.federalreserve.gov/newsevents/speech/bowman20231128a.htm

November 28, 2023 - Federal Reserve Board announces termination of enforcement action with Hazard Bancorp and Peoples Bank and Trust Company of Hazard.   www.federalreserve.gov/newsevents/pressreleases/enforcement20231128a.htm

November 27, 2023 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update.  www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

November 27, 2023 - Federal Reserve Board announces annual indexing of reserve requirement exemption amount and low reserve tranche for 2024 - The Federal Reserve Board on Monday announced technical details related to reserve requirements for depository institutions, which will remain zero. www.federalreserve.gov/newsevents/pressreleases/bcreg20231127a.htm
_______________________________

November 24, 2023 - FDIC Makes Public October Enforcement Actions - The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in October 2023. There are no administrative hearings scheduled for December 2023. https://www.fdic.gov/news/press-releases/2023/pr23097.html

November 22, 2023 - Supply Chain Constraints and Inflation - Diego Comin, Robert Johnson, Callum Jones - We develop a multisector, open economy, New Keynesian framework to evaluate how potentially binding capacity constraints, and shocks to them, shape inflation. www.federalreserve.gov/econres/feds/supply-chain-constraints-and-inflation.htm

November 22, 2023 - Uncovered interest rate, overshooting, and predictability reversal puzzles in an emerging economy - Rehim Kilic - By using realized and survey-based expected exchange rate data, the paper presents five key findings regarding the Uncovered Interest rate Parity and related puzzles in an Emerging Market. www.federalreserve.gov/econres/feds/uncovered-interest-rate-overshooting-and-predictability-reversal-puzzles-in-an-emerging-economy.htm

November 22, 2023 - Agencies extend comment period on proposed rule to require large banks to maintain long-term debt - Federal bank regulatory agencies announced today that they will extend until January 16, 2024, the comment period on their long-term debt proposed rule to improve the resolvability of large banks and enhance financial stability.
Press Release: www.federalreserve.gov/newsevents/pressreleases/bcreg20231122a.htm
Press Release: www.fdic.gov/news/press-releases/2023/pr23096.html
Press Release: www.occ.gov/news-issuances/news-releases/2023/nr-ia-2023-127.html

November 21, 2023 - Austan D. Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago, will participate in a moderated Q&A at the Bank�s annual Economic Outlook Symposium on December 1, 2023. www.chicagofed.org/publications/speeches/2023/dec-1-economic-outlook-symposium 

November 21, 2023 - Statement by Vice Chairman Travis Hill on Establishment of Special Committee to Oversee Independent Review of FDIC Workplace Culture. www.fdic.gov/news/press-releases/2023/pr23095.html

November 21, 2023 - Statement by Chairman Martin J. Gruenberg on FDIC Board Creating a Special Review. www.fdic.gov/news/press-releases/2023/pr23094.html

November 21, 2023 - FDIC Board of Directors Establishes Special Committee to Oversee Independent Review of Agency Culture - The Federal Deposit Insurance Corporation (FDIC) Board of Directors today announced the establishment of a special committee of the Board to oversee an independent third�party review of the agency�s workplace culture. www.fdic.gov/news/press-releases/2023/pr23093.html

November 21, 2023 - Borrowing and Spending in the Money: Debt Substitution and the Cash-out Refinance Channel of Monetary Policy - Elliot Anenberg, Tess Scharlemann, Eileen van Straelen - We show that the strong negative effect of higher mortgage rates on cash-out refinancing reflects substitution into other borrowing products, not large changes in total new household borrowing. www.federalreserve.gov/econres/feds/borrowing-and-spending-in-the-money.htm

November 21, 2023 - Federal Reserve Board announces approval of application by NB Bancorp, Inc. www.federalreserve.gov/newsevents/pressreleases/orders20231121a.htm

November 21, 2023 - Minutes of the Federal Open Market Committee, October 31-November 1, 2023.  www.federalreserve.gov/newsevents/pressreleases/monetary20231121a.htm
 
November 21, 2023 - Federal Reserve Board issues enforcement action with former employee of Arvest Bank. www.federalreserve.gov/newsevents/pressreleases/enforcement20231121a.htm

November 20, 2023 - Retail Central Bank Digital Currencies: Implications for Banking and Financial Stability - Sebastian Infante, Kyungmin Kim, Anna Orlik, Andr� F. Silva, Robert J. Tetlow - This paper reviews the literature examining how the introduction of a retail CBDC would affect the banking sector and financial stability. www.federalreserve.gov/econres/feds/retail-central-bank-digital-currencies-implications-for-banking-and-financial-stability.htm

November 20, 2023 - Charge-Off and Delinquency Rates on Loans and Leases at Commercial Banks. www.federalreserve.gov/releases/chargeoff/

November 20, 2023 - Trade Uncertainty and U.S. Bank Lending - Ricardo Correa, Julian di Giovanni, Linda S. Goldberg, and Camelia Minoiu - This paper uses U.S. loan-level credit register data and the 2018�2019 Trade War to test for the effects of international trade uncertainty on domestic credit supply. www.federalreserve.gov/econres/ifdp/trade-uncertainty-and-us-bank-lending.htm

November 17, 2023 - Tenth District Services Activity Continued to Remain Flat in November - Prices for both input and selling prices rose slightly, while employment decreased from last month but is expected to rebound in future months. www.kansascityfed.org/surveys/services-survey/tenth-district-services-activity-continued-to-remain-flat-in-november/

November 17, 2023 - Communications with the Public through November 17, 2023 - During the Federal Reserve Board�s rulemaking process, meetings will take place between the Board and the public�including, for example, representatives of bank organizations, consumer groups, trade associations, researchers, and academics--that allow the Board to gather information and help educate the public on matters subject to agency rulemaking. www.federalreserve.gov/regreform/communications-with-public.htm

November 17, 2023 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update.  www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

November 17, 2023 - Federal Reserve announces College Fed Challenge winners - Harvard College won the 20th annual national College Fed Challenge on Friday, a team competition that encourages students to learn about the U.S. economy, monetary policymaking, and the role of the Federal Reserve System. www.federalreserve.gov/newsevents/pressreleases/other20231117a.htm

November 17, 2023 - Federal Reserve Board announces pricing, effective January 2, 2024, for payment services the Federal Reserve Banks provide to banks and credit unions, such as the clearing of checks, ACH transactions, and wholesale payment settlement services.  www.federalreserve.gov/newsevents/pressreleases/bcreg20231117a.htm

November 16, 2023 - OCC Announces Enforcement Actions for November 2023 - The Office of the Comptroller of the Currency (OCC) today released 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-2023-126.html

November 16, 2023 - Federal Reserve Board announces approval of application by Linkbancorp, Inc - The Federal Reserve Board on Wednesday announced its approval of the application by Linkbancorp, Inc, of Camp Hill, Pennsylvania, to acquire and merge with Partners Bancorp, of Salisbury, Maryland, and thereby indirectly acquire its subsidiary banks, The Bank of Delmarva, of Seaford, Delaware, and Virginia Partners Bank, of Fredericksburg, Virginia. www.federalreserve.gov/newsevents/pressreleases/orders20231115a.htm
__________________________

November 16, 2023 - OCC Announces Enforcement Actions for November 2023 - The Office of the Comptroller of the Currency (OCC) today released 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/2023/nr-occ-2023-126.html

November 16, 2023 - 2023 Community Bankers Symposium - Austan D. Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago, will deliver remarks on the economy at the annual Community Bankers Symposium on November 17, 2023. https://www.chicagofed.org/publications/speeches/2023/nov-17-community-bankers-symposium 

November 16, 2023 - Tenth District Manufacturing Activity Declined Again in November - Firms cited a decline in employment levels, and expected that to continue over the next six months. www.kansascityfed.org/surveys/manufacturing-survey/tenth-district-manufacturing-activity-declined-again-in-november/

November 16, 2023 - Statistical Release - Finance Companies - G.20.  www.federalreserve.gov/releases/g20/current/default.htm

November 16, 2023 - Structure and Share Data for U.S. Banking Offices of Foreign Entities - Data are collected as of the end of the month for March, June, September and December, and generally are released three months later. www.federalreserve.gov/releases/iba/default.htm

November 16, 2023 - Speech by Governor Cook on global linkages and spillovers Governor Lisa D. Cook At �Global Linkages in a Post-Pandemic World� 2023 Asia Economic Policy Conference, sponsored by the Federal Reserve Bank of San Francisco Center for Pacific Basin Studies, San Francisco, California.   www.federalreserve.gov/newsevents/speech/cook20231116a.htm

November 16, 2023 - Speech by Vice Chair for Supervision Barr on financial stability - Vice Chair for Supervision Michael S. Barr At the Federal Reserve Bank of New York, New York, New York.  www.federalreserve.gov/newsevents/speech/barr20231116a.htm

November 16, 2023 - NCUA Board Approves Charitable Donation Accounts Final Rule - The National Credit Union Administration Board held its tenth open meeting of 2023 and approved a final rule that amends the charitable donation accounts section of the NCUA�s incidental powers regulation. https://ncua.gov/newsroom/press-release/2023/ncua-board-approves-charitable-donation-accounts-final-rule

November 15, 2023 - Acting Comptroller of the Currency Testifies on Regulatory Priorities - Acting Comptroller of the Currency Michael J. Hsu today testified on regulatory priorities before the Committee on Financial Services of the U.S. House of Representatives. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-125.html

November 14, 2023 - 2023 Community Bankers Symposium - Austan D. Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago, will deliver remarks on the economy at the annual Community Bankers Symposium on November 17, 2023. www.chicagofed.org/publications/speeches/2023/nov-17-community-bankers-symposium.

November 14, 2023 - Acting Comptroller of the Currency Testifies on Bank Supervision - In his testimony, Mr. Hsu discussed the condition of the federal banking system and recent regulatory developments. He also highlighted the Office of the Comptroller of the Currency's work to support community banks and minority depository institutions, and agency efforts to guard against complacency by banks, reduce inequality, adapt to digitalization, and manage climate-related financial risks. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-124.html

November 14, 2023 - Publications - Report to Congress Pursuant to Section 13(3) of the Federal Reserve Act: Bank Term Funding Program.  www.federalreserve.gov/publications/reports-to-congress-pursuant-to-section-13-3-btfp.htm

November 14, 2023 - Publications - 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

November 14, 2023 - Speech by Vice Chair Philip N. Jefferson - Elevated Economic Uncertainty: Causes and Consequences At �Global Risk, Uncertainty, and Volatility,� a research conference sponsored by the Federal Reserve Board of Governors, Swiss National Bank and the Bank for International Settlements, Zurich, Switzerland (virtual).   www.federalreserve.gov/newsevents/speech/jefferson20231114a.htm

November 14, 2023 - Testimony by Vice Chair for Supervision Michael S. Barr - Supervision and Regulation Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C. www.federalreserve.gov/newsevents/testimony/barr20231113a.htm

November 14, 2023 - Keynote address by Vice Chair Jefferson at the Conference on Global Risk, Uncertainty, and Volatility At �Global Risk, Uncertainty, and Volatility,� a research conference sponsored by the Federal Reserve Board of Governors, Swiss National Bank and the Bank for International Settlements, Zurich, Switzerland (virtual).   www.federalreserve.gov/newsevents/speech/jefferson20231114a.htm

November 13, 2023 - St. Louis Fed Releases the Bank On National Data Hub Findings from 2022 - The Bank On National Data Hub: Findings from 2022 report analyzes 2022 data from 35 financial institutions and found that more than 17 million Bank On-certified accounts have been opened, a 24% increase from the previous year. www.stlouisfed.org/news-releases/2023/11/13/bank-on-2022-data-release

November 13, 2023 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

November 13, 2023 - Welcoming remarks by Governor Cook at the 5th annual conference on "Nontraditional Data, Machine Learning, and Natural Language Processing in Macroeconomics" At the 5th Annual Conference on "Nontraditional Data, Machine Learning, and Natural Language Processing in Macroeconomics," Washington, D.C. www.federalreserve.gov/newsevents/speech/cook20231113a.htm

November 13, 2023 - Agencies announce dollar thresholds for applicability of truth in lending and consumer leasing rules for consumer credit and lease transactions - The Federal Reserve Board and the Consumer Financial Protection Bureau today announced the dollar thresholds used to determine whether certain consumer credit and lease transactions in 2024 are subject to certain Regulation Z and Regulation M requirements. www.federalreserve.gov/newsevents/pressreleases/bcreg20231113b.htm

November 13, 2023 - Agencies announce dollar thresholds for smaller loan exemption from appraisal requirements for higher-priced mortgage loans - The Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency today announced that the 2024 threshold for whether $3higher-priced mortgage loans are subject to special appraisal requirements will increase from $31,000 to $32,400. www.federalreserve.gov/newsevents/pressreleases/bcreg20231113a.htm

November 10, 2023 - Detroit Economic Club: A Conversation on the Economy and Monetary Policy - Austan D. Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago, will participate in a moderated Q&A at the Detroit Economic Club on November 14, 2023. www.chicagofed.org/publications/speeches/2023/nov-14-detroit-economic-club

November 9, 2023 - Midwest Farmland Values Still Rose but More Slowly in the Third Quarter - According to the most recent AgLetter, Seventh District farmland values in the third quarter of 2023 were 5 percent higher than a year ago. www.chicagofed.org/publications/agletter/index

November 9, 2023 - Supervision and Regulation Report - The report summarizes banking conditions and the Federal Reserve�s supervisory and regulatory activities, in conjunction with semiannual testimony before Congress by the Vice Chair for Supervision. www.federalreserve.gov/publications/files/202311-supervision-and-regulation-report.pdf

November 9, 2023 - Opening Remarks- Chair Jerome H. Powell - At "Monetary Policy Challenges in a Global Economy," a policy panel at the 24th Jacques Polak Annual Research Conference, hosted by the International Monetary Fund, Washington, D.C. www.federalreserve.gov/newsevents/speech/powell20231109a.htm
_______________________________

November 9, 2023 - LCR Premium in the Federal Funds Market - Alyssa Anderson and Manjola Tase - We document the existence of a regulatory premium in the federal funds market related to the implementation of the Liquidity Coverage Ratio. www.federalreserve.gov/econres/feds/lcr-premium-in-the-federal-funds-market.htm

November 9, 2023 - Remarks by Governor Bowman on the economy and prioritization of bank supervision and regulation At New York Bankers Association's Financial Services Forum, Palm Beach, Florida. www.federalreserve.gov/newsevents/speech/bowman20231109a.htm

November 8, 2023 - NCUA Charters Young Community Federal Credit Union - The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Young Community Federal Credit Union of Shively, Kentucky, a Louisville suburb. https://ncua.gov/newsroom/press-release/2023/ncua-charters-young-community-federal-credit-union

November 8, 2023 - Opening remarks by Chair Powell at a conference celebrating the centennial of the Division of Research and Statistics At "A Look at the Past, Present, and Future," a conference celebrating the Centennial of the Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, D.C. www.federalreserve.gov/newsevents/speech/powell20231108a.htm

November 8, 2023 - Closing remarks by Vice Chair Jefferson at a conference celebrating the centennial of the Division of Research and Statistics Closing remarks by Vice Chair Jefferson at a conference celebrating the centennial of the Division of Research and Statistics.  www.federalreserve.gov/newsevents/speech/jefferson20231108a.htm

November 8, 2023 - Speech by Governor Cook on financial stability At the Central Bank of Ireland, Dublin, Ireland.  www.federalreserve.gov/newsevents/speech/cook20231108a.htm

November 7, 2023 - NCUA Awards $400,000 in CDRLF Pilot Grants - The National Credit Union Administration has awarded $400,000 in Community Development Revolving Loan Fund grants to support innovative credit union pilot projects. https://ncua.gov/newsroom/press-release/2023/ncua-awards-400000-cdrlf-pilot-grants

November 7, 2023 - The KC Fed LMCI suggests the level of activity declined, and momentum was little changed in October - The level of activity decreased by 0.11, from 0.91 to 0.80, but remained at a historically elevated level. www.kansascityfed.org/data-and-trends/lmci/current-release/

November 7, 2023 - Committing to Grow: Privatizations and Firm Dynamics in East Germany - Ufuk Akcigit, Harun Alp, Andr� Diegmann, and Nicolas Serrano-Velarde -
This paper investigates a unique policy designed to maintain employment during the privatization of East German firms after the fall of the Iron Curtain. www.federalreserve.gov/econres/ifdp/committing-to-grow-privatizations-and-firm-dynamics-in-east-germany.htm

November 7, 2023 - Speech by Governor Waller on using economic data to understand the economy At "Beyond the Numbers," a conference hosted by the Research Division of the Federal Reserve Bank of St. Louis, St. Louis, Missouri.  www.federalreserve.gov/newsevents/speech/waller20231107a.htm

November 7, 2023 - Remarks by Governor Bowman on the economy and bank supervision and regulation At the 2023 Ohio Bankers League "Main Event," Columbus, Ohio.   www.federalreserve.gov/newsevents/speech/bowman20231107a.htm

November 6, 2023 - Senior Loan Officer Opinion Survey on Bank Lending Practices, October 2023 - Survey of up to eighty large domestic banks and twenty-four U.S. branches and agencies of foreign banks. www.federalreserve.gov/data/sloos.htm

November 6, 2023 - Hawkish or Dovish Fed? Estimating a Time-Varying Reaction Function of the Federal Open Market Committee's Median Participant - Manuel Gonz�lez-Astudillo and Rakeen Tanvir - This paper estimates a time-varying reaction function of the median participant of the Federal Open Market Committee, using a Taylor rule with time-varying coefficients estimated on one- to three-year ahead median forecasts of the federal funds rate, inflation, and the unemployment rate from the Summary of Economic Projections.   www.federalreserve.gov/econres/feds/hawkish-or-dovish-fed-estimating-a-time-varying-reaction-function-of-the-federal-open-market-committees-median-participant.htm

November 6, 2023 - Speech by Governor Cook on financial stability At Duke University, Durham, North Carolina.  www.federalreserve.gov/newsevents/speech/cook20231106a.htm

November 3, 2023 - Who owns Midwest Farmland? - In recent years, there have been sizable increases in the value of agricultural land as bidding for farms and their acres has been strong. www.chicagofed.org/events/2023/ag-conference 

November 3, 2023 - Acting Comptroller Issues Statement at Financial Stability Oversight Council Meeting on Nonbank Designations Guidance. www.occ.gov/news-issuances/news-releases/2023/nr-occ-2023-121.html 

November 3, 2023 - FDIC Issues List of Banks Examined for CRA Compliance - November - The list covers evaluation ratings that the FDIC assigned to institutions in August 2023. www.fdic.gov/news/press-releases/2023/pr23090.html

November 3, 2023 - Assessing the Extent of Trade Fragmentation - Justin R. Pierce and David Yu * - Globalization increased steadily for decades following the end of World War II, with trade as a percentage of global GDP rising from 20 percent in the early post-war period to nearly 60 percent just before the Global Financial Crisis. www.federalreserve.gov/econres/notes/feds-notes/assessing-the-extent-of-trade-fragmentation-20231103.html 

November 3, 2023 - FOIA - Chair Powell's calendar, September 2023. www.federalreserve.gov/foia/chairman-powell-calendar.htm

November 3, 2023 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

November 3, 2023 - Endogenous Labor Supply in an Estimated New-Keynesian Model: Nominal versus Real Rigidities - Isabel Cairo, Hess Chung, Francesco Ferrante, Cristina Fuentes-Albero, Camilo Morales-Jimenez, Damjan Pfajfar -The deep deterioration in the labor market during the Great Recession, the subsequent slow recovery, and the missing disinflation are hard to reconcile for standard macroeconomic models. www.federalreserve.gov/econres/feds/endogenous-labor-supply-in-an-estimated-new-keynesian-model.htm

November 3, 2023 - The Effects of CBDC on the Federal Reserve's Balance Sheet - Christopher Gust, Kyungmin Kim and Romina Ruprecht - We propose a parsimonious framework to understand how the issuance of central bank digital currency might affect the financial system, the Federal Reserve�s balance sheet, and the implementation of monetary policy. www.federalreserve.gov/econres/feds/the-effects-of-cbdc-on-the-federal-reserves-balance-sheet.htm

November 3, 2023 - A closed meeting of the Board of Governors of the Federal Reserve System was held at 9:00 a.m. on November 3, 2023. Matter(s) considered: Periodic Supervisory Update. www.federalreserve.gov/aboutthefed/boardmeetings/20231103closed.htm

November 2, 2023 - OCC Releases CRA Evaluations for 24 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 October 1, 2023, through October 31, 2023. www.occ.treas.gov/news-issuances/news-releases/2023/nr-occ-2023-120.html
___________________________

November 2, 2023 - NCUA's Hood Lauds Growth of DEI Summit and Industry Progress - At the National Credit Union Administration�s 2023 Diversity, Equity, and Inclusion Summit, Board Member Rodney E. Hood celebrated the significant evolution of the event and the ongoing commitment of the credit union community to DEI principles. https://ncua.gov/newsroom/press-release/2023/ncuas-hood-lauds-growth-dei-summit-and-industry-progress

November 1, 2023 - Chairman Harper Emphasizes Allyship to Achieve DEI Goals - NCUA Publishes Research Note on Social Attributes of Credit Union Mortgages.   https://ncua.gov/newsroom/press-release/2023/chairman-harper-emphasizes-allyship-achieve-dei-goals

November 1, 2023 - Commercial Lending: Venture Loans to Companies in an Early, Expansion, or Late Stage of Corporate Development - The Office of the Comptroller of the Currency is issuing this bulletin to inform banks1 about policy guidance that applies to commercial loans to early-, expansion-, and late-stage companies. www.occ.treas.gov/news-issuances/bulletins/2023/bulletin-2023-34.html

November 1, 2023 - Telephone Consumer Protection Act: Revised Interagency Examination Procedures and Rescissions - With the publication of the revised interagency examination procedures, the OCC has rescinded the �Telephone Consumer Protection Act and Junk Fax Protection Act� section of the �Other Consumer Protection Laws and Regulations� booklet of the Comptroller�s Handbook. www.occ.treas.gov/news-issuances/bulletins/2023/bulletin-2023-35.html

November 1, 2023 - Rodriguez Appointed to St. Louis Fed�s Memphis Branch Board - Ana G. Rodriguez, executive vice president and chief people officer of Monogram Foods in Memphis, Tenn., has been appointed to the board of directors of the Memphis Branch of the Federal Reserve Bank of St. Louis. www.stlouisfed.org/news-releases/2023/11/01/rodriguez-joins-memphis-bod

November 1, 2023 - Statistical Release - Foreign Exchange Rates - G.5 - The table below shows the average rates of exchange in OCTOBER 2023 together with comparable figures for other months. www.federalreserve.gov/releases/g5/current/default.htm

November 1, 2023 - Federal Reserve issues FOMC statement - Recent indicators suggest that economic activity expanded at a strong pace in the third quarter. www.federalreserve.gov/newsevents/pressreleases/monetary20231101a.htm