The Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency approved a final rule that detailed the method to be used to adjust annual inflation to the threshold for exempting small loans from special appraisal requirements. The FRB and the CFPB also issued a final rule detailing the method for adjusting the thresholds for exempting certain consumer credit and lease transactions.
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The Board of Governors of the Federal Reserve System issued a final rule to implement provisions of the Fixing America's Surface Transportation Act that govern the issuance and cancellation of capital stock.
The Board of Governors of the Federal Reserve System voted to broaden the scope of post-employment restrictions applicable to Federal Reserve Bank senior examiners and officers.
A firm settled charges that it had hired individuals referred by foreign officials and other clients in order to obtain improper business advantages in violation of the Foreign Corrupt Practices Act.
The Federal Reserve Bank of Minneapolis requested comments on its proposed "Minneapolis Plan to End Too Big to Fail."