The Federal Reserve Board final rule tailoring the application of prudential standards to U.S. bank holding companies and applying enhanced standards to certain large savings and loan holding companies was published in the Federal Register.
The Federal Reserve Board, FDIC and OCC joint final rule to tailor the application of the agencies' capital and liquidity rules to large U.S. banking organizations was published in the Federal Register.
The Federal Reserve Board finalized rules that will tailor the application of prudential standards to U.S. bank holding companies and apply enhanced standards to certain large savings and loan holding companies.
Chair of the Board of Governors of the Federal Reserve Jerome H. Powell pledged to preserve significant financial regulatory improvements made since the financial crisis, and to remain vigilant to any emerging financial stability risks.
Board of Governors of the Federal Reserve System Governor Jerome H. Powell described the effect of FinTech on retail banking and payment services, and the role of the Federal Reserve in facilitating responsible innovation in those areas.
The Board of Governors of the Federal Reserve System adopted a final rule that restricts cancellation rights for qualified financial contracts when a counterparty enters into bankruptcy or resolution proceedings.
Federal Reserve Board Governor Jerome Powell lauded the progress made by the U.S. financial system since the financial crisis and identified five areas that could benefit from additional regulatory reform.
Federal Reserve Board Governor Jerome Powell, Acting Comptroller of the Currency Keith A. Noreika, and FDIC Chair Martin Gruenberg testified at a hearing on "Regulation and Economic Growth" held by the Senate Committee on Banking, Housing, and Urban Affairs.