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31 Aug 2020, 6:03 am
Samuel, Luigi De Ghenghi, Randall Guynn, and Daniel Newman The FedNow Service The Board of Governors of the Federal Reserve System (the Fed) announced details of its planned FedNow Service on August 6, 2020 in a release describing its core functionality and future implementation. [read post]
27 Aug 2020, 9:05 pm
WHAT WE’RE READING THIS WEEK In a recent paper, Michael Barr, Howell Jackson, and Margaret Tahyar discussed the actions that the Federal Reserve System, the U.S. [read post]
21 Aug 2020, 8:45 am
Quantitative Methods for Evaluating the Unilateral Effects of Mergers Nathan Miller Georgetown University - Robert Emmett McDonough School of Business Gloria Sheu Board of Governors of the Federal Reserve System Abstract We describe the quantitative modeling techniques that are used... [read post]
13 Aug 2020, 6:59 am
Federal Reserve, where details (a roadmap, really) of FedNow, the proposed instant payment system, were released earlier this month. [read post]
7 Aug 2020, 9:43 am
’s application to the FDIC for deposit insurance was approved in February of 2020 subject to conditions that included OCC charter approval, and approval from the Board of Governors of the Federal Reserve System (the “Federal Reserve”) permitting Varo Money, Inc. to become a bank holding company, which the Company reports was received. [read post]
6 Aug 2020, 9:05 pm
The Act would require the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to report “plans, activities, and actions…to minimize and eliminate racial disparities in employment, wages, wealth, and access to affordable credit” to the Senate Committee on Banking. [read post]
24 Jul 2020, 8:15 am
Responsible for managing and executing the operations of the State Bar of Georgia and its offices, and implementing the policies, programs and objectives set by the Board of Governors. [read post]
24 Jul 2020, 6:23 am
Also featured in the event were Sheila Bair, former FDIC Chair, and Sarah Bloom Raskin, former Deputy Secretary Treasury and Fed Governor, as well as John S. [read post]
15 Jul 2020, 4:25 am
Five federal regulatory agencies, including the SEC and Federal Reserve Board, have approved the proposed changes to the “Volcker Rule” which are to take effect as of October 1, 2020. [read post]
13 Jul 2020, 2:59 pm
In the absence of further guidance from the Federal Reserve, borrowers should proactively attempt to clarify these issues with their lender in the Main Street Loan documentation. [read post]
8 Jul 2020, 11:19 am
Quarles, the Vice Chair of the Board of Governors of the Federal Reserve System and Chair of the Financial Stability Board (FSB), gave a speech at the Exchequer Club entitled “Global in Life and Orderly in Death:... [read post]
7 Jul 2020, 1:40 pm
On June 26, 2020, New Governor Phil Murphy issued Executive Order 157 (“EO 157”), which details rules for the reopening of indoor retail, recreational and entertainment businesses (including casinos) and individual instruction at gyms. [read post]
29 Jun 2020, 11:32 pm
But again that is true, to one degree or another, of quite a few longstanding independent agencies, including the Federal Reserve, the FTC, the Merit Systems Protection Board, and the Postal Service Board of Governors. [read post]
25 Jun 2020, 5:13 pm
The proposal was issued jointly as an interagency rule with the CFTC, SEC, Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and the Board of Governors of the Federal Reserve System (FRB). [read post]
25 Jun 2020, 12:55 pm
Until the FDIC and Board of Governors of the Federal Reserve System take action, state nonmember banks and state member banks will continue to comply with the current rule, as codified in 12 CFR Part 228 and Part 345. [read post]
16 Jun 2020, 5:14 am
Board of Ed. [read post]
12 Jun 2020, 9:02 am
” Jessica Mulholland, Managing Editor, CalChamber For more COVID-19-related federal, state and local resources, visit the CalChamber Coronavirus (COVID-19) webpage and access additional COVID-19-related HRWatchdog blogs. [read post]
5 Jun 2020, 3:00 am
ProPublica – Justin Elliott, Lydia DePillis, and Robert Faturechi | Published: 6/2/2020 Federal Reserve Chairperson Jerome Powell and Treasury Secretary Steven Mnuchin have become the public faces of the $3 trillion federal coronavirus bailout. [read post]
29 May 2020, 3:00 am
As Trump Removes Federal Watchdogs, Some Loyalists Replacing Them Have ‘Preposterous’ Conflicts MSN – Lisa Rein and Tom Hamburger (Washington Post) | Published: 5/24/2020 For the first time since the system was created in the aftermath of the Watergate scandal, inspectors general find themselves under systematic attack from the president, putting independent oversight of federal spending and operations at risk. [read post]
6 May 2020, 12:52 pm
On April 14, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (FRB), and the Federal Deposit Insurance Corporation (FDIC) today announced an interim final rule that allows financial institutions to defer completion of appraisals and evaluations after the closing of certain residential and commercial real estate transactions. [read post]
