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13 Apr 2022, 10:14 am by Zak Gowen
Reg. 26,189 (proposed May 13, 2021), at 26,190 (“merchants are often not able to choose from at least two unaffiliated networks when routing card-not-present transactions”); 2019 Interchange Fee Revenue, Covered Issuer Costs, and Covered Issuer and Merchant Fraud Losses Related to Debit Card Transactions, Board of Governors of the Federal Reserve System (May 2021), at 17 (“In fact, covered issuers representing slightly more than 50… [read post]
13 Apr 2022, 10:14 am by Zak Gowen
Reg. 26,189 (proposed May 13, 2021), at 26,190 (“merchants are often not able to choose from at least two unaffiliated networks when routing card-not-present transactions”); 2019 Interchange Fee Revenue, Covered Issuer Costs, and Covered Issuer and Merchant Fraud Losses Related to Debit Card Transactions, Board of Governors of the Federal Reserve System (May 2021), at 17 (“In fact, covered issuers representing slightly more than 50… [read post]
13 Apr 2022, 5:07 am by Emma Snell
  At least seven people were killed in shelling over the past day in eastern Kharkiv, according to the region’s governor, Oleh Synegubov. [read post]
18 Mar 2022, 8:56 am by Zak Gowen
The Senate Banking Committee on Wednesday advanced the nominations of several Biden administration picks to serve on the Federal Reserve Board of Governors. [read post]
14 Mar 2022, 8:23 am by Kevin Kaufman
According to the governor’s office, 98 percent of Iowans with $10,000 or more of taxable income will see lower tax liability under the 3.9 percent flat tax. [read post]
14 Mar 2022, 7:47 am by Lily Becker
At the same time that the DOJ and SEC were pursuing their own crypto strategies, the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency conducted a series of interagency “policy sprints” focused on crypto assets.[7] Their goal was to analyze the applicability of existing regulations to crypto activities and establish a road map for further guidance. [read post]
14 Mar 2022, 7:28 am by Hunton Andrews Kurth LLP
Although not directed to produce a specific report, the Chairman of the Board of Governors of the Federal Reserve System (Chairman of the Federal Reserve) is encouraged to continue to, among other things, research and report on the extent to which CBDCs could improve the efficiency and reduce the costs of existing and future payments systems. [read post]
11 Mar 2022, 6:05 am by Mark Astarita
Department of the Treasury, the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau (CFPB), and many other federal agencies to study the legal and economic implications of creating a U.S. [read post]
9 Mar 2022, 9:03 am by Alvaro Marañon
The order also requests the relevant federal agencies and departments to explore and submit a report on the adoption of a U.S. central bank digital currency. [read post]
8 Mar 2022, 9:12 pm by Jillian Moss
Although the Board of Governors of the Federal Reserve System says the number of coins in the economy is “adequate,” COVID-19 closures of banks and other businesses have slowed circulation, leaving businesses and customers without change. [read post]
8 Mar 2022, 6:17 am
Senate Committee on Banking, Housing, and Urban Affairs (the “Committee”) considered President Biden’s nomination of Sarah Bloom Raskin for Vice Chair for Supervision and a Member of the Board of Governors of the Federal Reserve System (the “Federal Reserve”), along with the nominations of Dr. [read post]
3 Mar 2022, 9:03 pm by Sam Wong
Zhang, senior attorney in the legal division of the Board of Governors of the Federal Reserve System, discussed issues that can arise when banks undertake commercial activities that are typically considered outside of the sphere of banking. [read post]
21 Jan 2022, 9:03 pm by Margaret Sturtevant
Dlugosz of the Board of Governors of the Federal Reserve System, Donald P. [read post]
14 Jan 2022, 3:00 am by Jim Sedor
That included notable trades by two of the 12 regional reserve bank presidents and the Fed’s vice chair. [read post]
14 Dec 2021, 1:56 pm by Patricia Hughes
Marie Henein was from July 2007 to May 2009 an at-large member of the Board of Governors of the Law Commission of Ontario at the beginning of my time as executive director; I had little personal contact with her other than a few meetings. [read post]
In November, the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC) and the Federal Reserve Board of Governors (“Board”) jointly issued a final rule that requires a federally regulated bank to notify its primary federal regulator within 36 hours after determining that a computer-security “notification incident” has occurred. [read post]
10 Dec 2021, 7:27 am by gabrielagendreau
Staff Attorney I, Office of the Reservation Attorney. [read post]
9 Dec 2021, 9:03 pm by Trevor Kirby
” In an article in the Vanderbilt Law Review, Christina Parajon Skinner, professor at The Wharton School of the University of Pennsylvania, argued that, despite the substantive importance of climate change, the Board of Governors of the Federal Reserve should not exceed its legal authority to address the issue. [read post]
9 Dec 2021, 6:01 am by Emily Eslinger, Michel Paradis
” Congress made service in a state’s National Guard contingent on that service member’s induction into a new reserve component of the national Army, known as the Army National Guard of the United States (when the Air Force separated from the Army as an independent service branch in the late 1940s, Congress created a parallel Air National Guard system). [read post]
8 Dec 2021, 6:08 am
The Federal Reserve Bank Board of Governors has recognized climate change as posing a systemic risk to the US financial system. [read post]