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31 May 2022, 5:03 pm by Tom Smith
The Federal Reserve has even started active public discussions assessing the case for retail digital currency products. [read post]
30 May 2022, 9:02 pm by Penn Program on Regulation
Feinstein of the University of Pennsylvania’s Wharton School on regional Federal Reserve bank board diversity; and Daniel E. [read post]
26 May 2022, 12:09 pm by Scott R. Anderson, Chimène Keitner
The largest tranche of these frozen Russia-related assets—estimated at almost $300 billion—consists of foreign exchange reserves owned by Russia’s central bank, including at least $38 billion in the United States. [read post]
26 May 2022, 8:58 am by Zak Gowen
Even if the Federal Reserve were to cap CBDC accounts at $5,000 per “end user,” the ABA estimates the deployment of digital central bank money could cause $720 billion in deposits to leave the banking system. [read post]
25 May 2022, 9:01 pm by Richard Zelichov and Trevor T. Garmey
There is also a private right of action for shareholders to pursue claims for violations of Section 10(b) and Rule 10b-5 in federal court. [read post]
24 May 2022, 10:54 am by Michael Lowe
For instance, Federal Reserve banks, member banks, and national banks can be involved as well as any institution whose deposits are insured by the Federal Deposit Insurance Corporation (18 U.S.C. [read post]
24 May 2022, 6:30 am
“Climate change is an emerging risk to financial institutions, the financial system, and the economy,” Federal Reserve Chair Jerome Powell proclaimed in 2020. [read post]
24 May 2022, 6:30 am
“Climate change is an emerging risk to financial institutions, the financial system, and the economy,” Federal Reserve Chair Jerome Powell proclaimed in 2020. [read post]
23 May 2022, 9:15 am by Eileen McDermott
This week in Washington IP news, the House Financial Services Committee explores the risks and benefits of any central bank digital currency that could potentially be adopted by the Federal Reserve, the House Space and Aeronautics Subcommittee reviews the most recent Planetary Science and Astrobiology Decadal Survey and its recommendation to send a robotic mission to the planet Uranus, and the House Government Operations Subcommittee looks at ways to support the Technology… [read post]
20 May 2022, 9:03 pm by Caitlin Kim
In the United States, the Federal Reserve has responded with more reservation, argues Skinner. [read post]
20 May 2022, 1:56 pm by David Kopel
" History shows that critics of perceived unconstitutional federal action are sometimes right. [read post]
19 May 2022, 3:34 pm by Michael Gordon and Scott A. Coleman
  The FTC indicates that nothing in its final rule should be read to limit the authority of any state or federal agency or individual, including but not limited to the CFPB, the FTC, Federal Reserve Board, DOJ, and state attorneys general. [read post]
19 May 2022, 6:03 am by Kevin Kaufman
Cigarettes face a $1.01 a pack federal tax and an average of $1.91 in state taxes. [read post]
18 May 2022, 2:29 pm by Scott A. Coleman
After moving alone in 2020 to reform its Community Reinvestment Act (CRA) regulation, the Office of the Comptroller of the Currency (OCC) has joined the Federal Deposit Insurance Corporation (FDIC) and Federal Reserve Board in issuing a joint notice of proposed rulemaking setting forth proposed amendments to their regulations implementing the CRA. [read post]
Office of the Comptroller of the Currency On April 1, 2022, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation and the Federal Reserve Board implemented a rule requiring banking organizations to notify their primary federal regulator after an incident affecting or disrupting bank operations is discovered “as soon as possible and no later than 36 hours. [read post]
15 May 2022, 9:15 pm by Lawrence Baxter
Board of Governors of the Federal Reserve System or the European Central Bank. [read post]
11 May 2022, 9:01 pm by Gary Gensler
Department of the Treasury at the time, sent along with the Federal Reserve to examine the impending failure of this firm. [read post]