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4 Apr 2018, 12:38 pm
Mulvaney’s message contains a footnote indicating that no office or agency of the United States other than him has approved his legislative recommendations and that the views he has expressed are his views and do not necessarily reflect the views of the Board of Governors or the President. [read post]
3 Apr 2018, 5:53 am
Key Findings New York Governor Andrew Cuomo has announced that his state and others will file a lawsuit challenging the federal tax law’s $10,000 cap on the state and local tax (SALT) deduction. [read post]
2 Apr 2018, 12:12 pm
The views contained herein are those of the Acting Director and do not necessarily reflect the views of the Board of Governors of the Federal Reserve System or the President. [read post]
20 Mar 2018, 9:34 am
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System (the “Federal Reserve Board”), the Federal Deposit Insurance Corporation, the U.S. [read post]
5 Mar 2018, 2:03 pm
Under the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act“), the Board of Governors of the Federal Reserve System (the “Board“) is required to conduct annual stress tests of holding companies with $50 billion or more in assets. [read post]
4 Mar 2018, 4:04 pm
Last week saw the belated release of the Government’s response to the Consultation on the Leveson Inquiry [pdf] and its implementation. [read post]
28 Feb 2018, 9:30 pm
Volcker, former Chairman of the Board of Governors of the Federal Reserve System noted during a 2017 speech at the International Monetary Fund, “Claims that Dodd-Frank and other regulatory approaches have somehow gravely damaged the effective functioning of American financial markets, the commercial banking system, and prospects for economic growth simply do not comport with the mass of the evidence before us. [read post]
26 Feb 2018, 1:59 pm
Jerry Brown anticipates sufficient tax revenue to maintain a $13.5 billion reserve fund this year. [read post]
5 Feb 2018, 6:28 am
The Federal Reserve noted in its press release that Wells will replace three current board members by April and a fourth board member by the end of the year. [read post]
2 Feb 2018, 6:06 am
Concurrent with Fed action, Wells to replace three directors by April, one by year end (Board of Governors of the Federal Reserve System Press Release, February 02, 2018)https://www.federalreserve.gov/newsevents/pressreleases/enforcement20180202a.htmResponding to recent and widespread consumer abuses and other compliance breakdowns by Wells Fargo, the Federal Reserve Board on Friday announced that it would restrict the growth of the firm… [read post]
31 Jan 2018, 6:03 am
Concurrent with Fed action, Wells to replace three directors by April, one by year end (Board of Governors of the Federal Reserve System Press Release, February 02, 2018) https://www.federalreserve.gov/newsevents/pressreleases/enforcement20180202a.htm As set forth in part in the Federal Reserve Press Release:Responding to recent and widespread consumer abuses and other compliance breakdowns by Wells Fargo, the Federal… [read post]
29 Jan 2018, 1:57 pm
On January 18, 2018, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation issued an interagency statement for financial institutions on accounting and reporting implications of the new tax law, which was enacted on December 22, 2017. [read post]
25 Jan 2018, 9:30 pm
Powell as Chairman of the Board of Governors of the Federal Reserve System (FRB). [read post]
16 Jan 2018, 1:13 pm
It contests a 2015 declaratory ruling by the Federal Commu [read post]
11 Jan 2018, 8:00 pm
Proposals reviewed include: H.R. ____, to amend the Federal Reserve Act to establish requirements for salaries, financial disclosures, and office staff of the Board of Governors of the Federal Reserve System H.R. ____, to amend the Federal Reserve Act to establish a blackout period for public communications by the Federal Open Market Committee H.R. ____, to amend the Federal Reserve Act to bring the… [read post]
6 Jan 2018, 12:06 pm
An Open Letter to the Financial Industry Regulatory Authority Board of Governors:Chairman and Public Governor: William H. [read post]
26 Dec 2017, 3:28 pm
Board of Governors of the Federal Reserve System: Is it legal for a business in the United States to refuse cash as a form of payment? [read post]
14 Dec 2017, 6:58 am
Janet Yellen, the current Chair of the Board of Governors of the Federal Reserve System on Wednesday called Bitcoin a “highly speculative asset” and “not a stable source of value”, and “it doesn’t constitute legal tender. [read post]
13 Dec 2017, 9:36 am
In this final post in our Hunton & Williams Bermuda Form Arbitration Series, we discuss case law involving the Bermuda Form. [read post]
13 Dec 2017, 9:36 am
In this final post in our Hunton & Williams Bermuda Form Arbitration Series, we discuss case law involving the Bermuda Form. [read post]
