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1 Nov 2015, 10:00 am by Dan Ernst
  (When writing about the origins of the Federal Reserve, it's hard for me not to mention James Livington's Origins of the Federal Reserve System: Money, Class, and Corporate Capitalism, 1890-1913 [Cornell, 1986]--so I just did.) [read post]
” Georgieva also referenced the Federal Reserve’s January report, which announced that the central bank “is considering how a CBDC might fit into the U.S. money and payments landscape. [read post]
3 Jan 2019, 6:08 am by John Jascob
The Securities and Exchange Commission, Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and Commodity Futures Trading Commission have proposed to amend section 13 (the "Volcker Rule") to reflect statutory amendments made by the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). [read post]
12 Mar 2024, 9:05 pm by renholding
Fractional reserve banking is also inherently unstable, requiring close regulation and supervision to safeguard the public’s trust in the banking system and prevent banking panics. [read post]
10 Oct 2016, 12:42 pm by John Hopkins
” More than half of all smartphone users with a bank account have downloaded a mobile-banking app, states the Consumers and Mobile Financial Services 2016 report issued by the Board of Governors of the Federal Reserve System. [read post]
7 Apr 2017, 9:28 am by Hannah Meakin and Egbe Osakue
The Annex to the Delegated Regulation specifies 13 third-country central banks to whom the exemption applies: Reserve Bank of Australia (Australia); Central Bank of Brazil (Brazil); Bank of Canada (Canada); Hong Kong Monetary Authority (Hong Kong); Reserve Bank of India (India); Bank of Japan (Japan); Bank of Mexico (Mexico); Monetary Authority of Singapore (Singapore); Bank of Korea (South Korea); Swiss… [read post]
Editor’s Note: This post comes to us from Darrell Duffie, Professor of Finance at Stanford University, Ada Li of the Federal Reserve Bank of New York, and Theodore Lubke of the Federal Reserve Bank of New York. [read post]
3 Jun 2024, 1:40 pm by Kevin LaCroix
A May 28, 2024, paper by an economist at the Federal Reserve Bank of St. [read post]
7 Sep 2023, 9:01 pm by renholding
Background In response to the 2008 financial crisis, US federal banking regulators adopted a series of measures that aimed to improve the resolvability of large US banking organizations. [read post]
1 Apr 2021, 12:15 pm by Christopher J. Willis
   Such guidance includes the CFPB’s 2020 blog post on providing adverse action notices when using AI/ML models and the 2019 interagency statement issued by the CFPB and federal banking agencies on the use of alternative data in credit underwriting. [read post]
14 Nov 2017, 12:08 pm by Gustav L. Schmidt
The Federal Reserve and SEC oversee bank holding company and securities matters, respectively, pertaining to the holding company, while the subsidiary bank is regulated by the FDIC and the applicable state bank regulatory agency. [read post]
10 Nov 2020, 11:27 am by Patrick J. Boot and Marysia Laskowski
The Federal Reserve Bank of Kansas City will likely be considering two applications for master accounts from Wyoming crypto banks now. [read post]
4 Jan 2014, 7:38 pm by Sabrina I. Pacifici
The Federal Reserve released a proposed rule on extensions of credit by Federal Reserve Banks. 1 Study. [read post]
29 Mar 2011, 2:38 pm
The Federal Deposit Insurance Corporation, US Securities & Exchange Commission, Federal Reserve System, Federal Housing Finance Agency, and Department of Housing and Urban Development unveiled their new risk retention proposal today. [read post]