Federal Reserve Board Vice Chair for Supervision Randal Quarles highlighted the agency's continuing efforts to tailor its post-crisis regulatory framework.
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Several banking regulators' proposals to revise the regulatory framework and rules for foreign banking organizations were published in the Federal Register.
The Congressional Research Service reviewed recent proposals by the Federal Reserve Board to reduce "Enhanced Prudential Regulation" requirements for banks with over $50 billion in assets.
In a 2018 Annual Report, the Financial Stability Oversight Council recommended that financial regulatory agencies take additional steps to ensure U.S. financial stability.
The FDIC introduced proposed revisions to the FDIC's requirements for stress testing of FDIC-supervised institutions, consistent with changes made by Section 401 of the Economic Growth, Regulatory Relief and Consumer Protection Act . In particular, the proposed rule would: amend the FDIC's existing stress testing regulations to increase the minimum threshold for applicability from $10 billion to $250 billion ( i.e. , by eliminating two subcategories under the definition of "covered bank" and revising "covered bank" to mean a state nonmember bank or state savings association with average total