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13 Aug 2021, 8:15 am
FTC Urges Federal Reserve Board to Require Debit Card Gatekeepers to Compete FairlyFederal Trade Commission – August 12, 2021 (click here for the FTC’s comment letter) The Federal Trade Commission announced that staff have submitted a comment urging the Board of Governors of the Federal Reserve System (the Fed) to clarify and strengthen the implementation of debit card fee and routing reforms to… [read post]
13 Aug 2021, 8:15 am
FTC Urges Federal Reserve Board to Require Debit Card Gatekeepers to Compete FairlyFederal Trade Commission – August 12, 2021 (click here for the FTC’s comment letter) The Federal Trade Commission announced that staff have submitted a comment urging the Board of Governors of the Federal Reserve System (the Fed) to clarify and strengthen the implementation of debit card fee and routing reforms to… [read post]
5 Aug 2021, 9:03 pm
Representative Brad Sherman (D-Calif.) as the Adjustable Interest Rate (LIBOR) Act of 2021, would create a process to replace LIBOR in contracts with a new interest rate determined by the Board of Governors of the Federal Reserve System. [read post]
22 Jul 2021, 9:08 pm
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation proposed interagency guidance for managing risks related to third-party relationships at banking organizations. [read post]
17 Jul 2021, 5:17 pm
The base level of interest provided by Section 1961 is the “weekly average 1-year constant maturity Treasury yield, as published by the Board of Governors of the Federal Reserve System, for the calendar week preceding the date of the judgment. [read post]
9 Jul 2021, 10:11 am
The regulation challenged by the North Dakota Retail Association and North Dakota Petroleum Marketers Association was issued 10 years ago, well past the six-year deadline to file suit, the Board of Governors of the Federal Reserve System argued Friday. [read post]
7 Jul 2021, 8:55 pm
On 6 July 2021, the following European Commission Implementing Decisions on the equivalence of the regulatory regimes of third countries under the European Market Infrastructure Regulation were published in the Official Journal of the EU: Commission Implementing Decision (EU) 2021/1103 of 5 July 2021 on the recognition of the legal, supervisory and enforcement arrangements of Brazil for derivatives transactions entered into by Brazilian institutions under the regulation of the Central Bank of Brazil… [read post]
25 Jun 2021, 9:36 am
-China trade deficit is being directly caused by major tariff evasion for imported Chinese goods say economists at the Federal Reserve Bank of New York and Board of Governors of the Federal Reserve System. [read post]
18 May 2021, 9:00 am
The Board of Governors of the Federal Reserve System recently issued and invited public comment on proposed guidelines to be used by Federal Reserve Banks to evaluate requests for master accounts and/or access to Federal Reserve Bank (Fed) financial services, in order to support a more “transparent and consistent” approach to such requests. [read post]
17 May 2021, 11:34 am
” The scheduled witnesses are: Todd Harper, Chairman, National Credit Union Administration Michael Hsu, Acting Comptroller of the Currency, Office of the Comptroller of the Currency Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation Randal Quarles, Vice Chairman of Supervision, Board of Governors of the Federal Reserve System Acting Comptroller Hsu is expected to be questioned about the OCC’s Community… [read post]
12 May 2021, 10:59 am
Board of Governors of the Federal Reserve System, the D.C. [read post]
11 May 2021, 4:12 pm
This is exclusively the jurisdiction reserved to federal agencies like the CDC. [read post]
6 May 2021, 8:24 am
To help facilitate those requests along with considering ramifications of the broader system, the Federal Reserve Board wants to add new account access guidelines. . . . [read post]
6 May 2021, 6:00 am
” Seal of the Federal Reserve Board of Governors. [read post]
27 Apr 2021, 12:36 pm
The upshot of Bill 21 is that “freedom of conscience and freedom of religion” and (religious) and to the some extent sex equality as reflected in religious practices are reserved to the private sphere. [read post]
26 Apr 2021, 7:12 am
On March 31, the Board of Governors of the Federal Reserve System (Federal Reserve Board) published six sets of responses to Frequently Asked Questions (FAQs) consisting of existing legal interpretations regarding Regulations H, K, L, O, W and Y. [read post]
26 Apr 2021, 7:12 am
On March 31, the Board of Governors of the Federal Reserve System (Federal Reserve Board) published six sets of responses to Frequently Asked Questions (FAQs) consisting of existing legal interpretations regarding Regulations H, K, L, O, W and Y. [read post]
23 Apr 2021, 4:00 am
Investigators uncovered scores of instances in which Mike or Susan Pompeo asked State Department staffers to handle tasks of a personal nature, from booking salon appointments and private dinner reservations to picking up their dog and arranging tours for the Pompeos’ political allies. [read post]
21 Apr 2021, 9:20 am
Following up on our past posts on the transition away from the use of the London Interbank Offering Rate (“LIBOR”) as a reference rate, recently, the Board of Governors of the Federal Reserve System (FRB) issued a letter setting forth guidance for FRB examiners to assist in their assessment of the progress of FRB-supervised firms in preparing for the LIBOR transition. [read post]
16 Apr 2021, 8:43 am
“We are the world’s reserve currency and we have a responsibility to get this right. [read post]
