Light To Guide Our Feet
Light To Guide Our Feet

Menu

Collapse

Search Result

Collapse

Announcement

Collapse
No announcement yet.

What's Going On

Collapse

There are currently 126 users online. 4 members and 122 guests.

Most users ever online was 3,930 at 06:07 PM on 04-20-2019.

137 results in 0.0101 seconds.
Keywords
Members
Tags
board x
  •  

  • Federal Reserve Board announces it will extend for a final time its Paycheck Protection Program Liquidity Facility, or PPPLF, by an additional Month to July 30, 2021

    Federal Reserve Board announces it will extend for a final time its Paycheck Protection Program Liquidity Facility, or PPPLF, by an additional Month to July 30, 2021 | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 25, 2021) The Federal Reserve Board on Friday announced it will extend for a final time its Paycheck Protection Program Liquidity Facility, or PPPLF, by an additional month to July 30, 2021. The extension is being made as an operational accommodation to allow additional processing time for banks, community development financial institutions, and other financial institutions to pledge to the facility any Paycheck Protection Program, or PPP, loans approved by the Small Business Administration through the June 30 expiration of the PPP program. The PPPLF extends term credit to financial institutions making PPP loans, accepting the PPP loans as collateral. The liquidity provided ...
    See more | Go to post

  • African American elected to Boeing Company Board of Directors

    African American elected to Boeing Company Board of Directors

    African American elected to Boeing Company Board of Directors | site |




    Company taps former Air Force General and United Airlines Pilot Stayce D. Harris


    Air Force General and Pilot Stayce D. Harris

    (Courtesy: The Boeing Company)





    The Boeing Company has announced that it has elected to its Board of Directors Pilot and General Stayce D. Harris. More information is available HERE...
    See more | Go to post

  • Federal Reserve Board releases results of annual Bank Stress Tests

    Federal Reserve Board releases results of annual Bank Stress Tests

    Federal Reserve Board releases results of annual Bank Stress Tests, which show that large Banks continue to have strong Capital Levels and could continue Lending to Households and Businesses during a severe Recession | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 24, 2021) The Federal Reserve Board on Thursday released the results of its annual bank stress tests, which showed that large banks continue to have strong capital levels and could continue lending to households and businesses during a severe recession. "Over the past year, the Federal Reserve has run three stress tests with several different hypothetical recessions and all have confirmed that the banking system is strongly positioned to support the ongoing recovery," said Vice Chair for Supervision Randal K. Quarles. All 23 large banks tested remained well above their risk-based minimum capital requirem...
    See more | Go to post

  • SBA Administrator Isabella Casillas Guzman meets with the Spanish Broadcasting System Board Members

    U.S. Small Business Administration Administrator Isabella Casillas Guzman meets with the Spanish Broadcasting System Board Members | site |



    (Information contained in U.S. Small Business Administration [SBA] press release dated: June 23, 2021)

    Washington - - On June 16, U.S. Small Business Administrator Isabella Casillas Guzman and the executive board of the Spanish Broadcasting System met at a virtual roundtable. The group discussed the priorities of the Biden – Harris Administration and the equity focus on economic aid made possible by the American Rescue Plan Act, especially to those in underserved communities.

    “As the first Latina in President Biden’s Cabinet, I’ve made outreach to my Hispanic familia one of my key priorities,” said SBA Administrator Guzman. “Your partnership is vital in that effort – the Hispanic media has a long history of telling the story of our nation’s
    ...
    See more | Go to post

  • Federal Reserve Board extends Comment Period on Proposed Changes to Regulation II regarding Network Availability for Card-not-present Debit Card Transactions until August 11, 2021

    Federal Reserve Board extends Comment Period on Proposed Changes to Regulation II regarding Network Availability for Card-not-present Debit Card Transactions until August 11, 2021 | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 22, 2021)

    The Federal Reserve Board announced on Tuesday that it will extend until August 11, 2021, the comment period for its proposed changes to Regulation II (Debit Card Interchange Fees and Routing) that would clarify that debit card issuers should enable, and allow merchants to choose from, at least two unaffiliated networks for card-not-present debit card transactions, such as online purchases.

    The Board extended the comment period to allow interested persons more time to analyze the issues and prepare their comments. Originally, comments were due by July 12, 2021.

    The Board's Federal Register notice is attached.
    ...
    See more | Go to post

  • Federal Reserve Board and Federal Open Market Committee release Economic Projections from the June 15-16 FOMC Meeting

    Federal Reserve Board and Federal Open Market Committee release Economic Projections from the June 15-16 FOMC Meeting | site |




    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 16, 2021)

    The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the June 15-16 meeting.

    Projections (PDF) | Accessible Materials
    ...
    See more | Go to post

  • Federal Reserve Board Chair Powell will host Town Hall with Educators August 2, 2021 at 4 p.m. EDT

    Federal Reserve Board Chair Powell will host Town Hall with Educators August 2, 2021 at 4 p.m. EDT | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 17, 2021)

    Federal Reserve Board Chair Jerome H. Powell will host a town hall with educators on August 2, 2021 at 4 p.m. EDT. During the event, Chair Powell will respond to questions asked by participants who will join the event virtually from across the country.

    The event will be broadcast at federalreserve.gov and at youtube.com/federalreserve. Viewers can follow the Federal Reserve Board on Twitter at @FederalReserve, on Facebook at facebook.com/federalreserve, and join in on the discussion by using the hashtag: #FedTownHall.
    ...
    See more | Go to post

  • Federal Reserve Board announces that Results from its Bank Stress Tests will be released on Thursday, June 24, at 4:30 p.m. EDT

    Federal Reserve Board announces that Results from its Bank Stress Tests will be released on Thursday, June 24, at 4:30 p.m. EDT | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 7, 2021) The Federal Reserve Board announced on Monday that results from its bank stress tests will be released on Thursday, June 24, at 4:30 p.m. EDT. Stress tests help ensure that banks have adequate capital to absorb losses so that they can lend to households and businesses even in a severe recession. For the 2021 stress tests, the resilience of large banks is being tested against a hypothetical recession featuring a severe global downturn with substantial stress in commercial real estate and corporate debt markets. Banks with more than $100 billion in total consolidated assets are subject to the Board's stress tests. The smaller banks among those subject to the Board's stress test are only required to pa...
    See more | Go to post

  • Federal Reserve Board announces Plans to begin Winding Down the Portfolio of the Secondary Market Corporate Credit Facility

    Federal Reserve Board announces Plans to begin Winding Down the Portfolio of the Secondary Market Corporate Credit Facility | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 2, 2021) The Federal Reserve Board on Wednesday announced plans to begin winding down the portfolio of the Secondary Market Corporate Credit Facility (SMCCF), a temporary emergency lending facility that closed on December 31st, 2020. The SMCCF proved vital in restoring market functioning last year, supporting the availability of credit for large employers, and bolstering employment through the COVID-19 pandemic. SMCCF portfolio sales will be gradual and orderly, and will aim to minimize the potential for any adverse impact on market functioning by taking into account daily liquidity and trading conditions for exchange traded funds and corporate bonds. The Federal Reserve Bank of New York, which manages the operations of the S...
    See more | Go to post

  • Federal Reserve Board issues Final Rule amending Regulation D with regard to Interest on Reserve Balances

    Federal Reserve Board issues Final Rule amending Regulation D with regard to Interest on Reserve Balances | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 2, 2021)

    The Federal Reserve Board announced on Tuesday the approval of a final rule amending Regulation D to eliminate references to an interest on required reserves (IORR) rate and to an interest on excess reserves (IOER) rate and replace them with a single interest on reserve balances (IORB) rate. The final rule also simplifies the formula used to calculate the amount of interest to be paid on such balances and makes other minor conforming amendments. The final rule adopts the rule proposed by the Board on January 8, 2021 without change, and takes effect on Thursday, July 29, 2021.


    Federal Register notice: Regulation D: Reserve Requirements of Depository Institutions
    ...
    See more | Go to post

  • Federal Reserve Board releases results of Survey of Senior Financial Officers at Banks about their Strategies and Practices for managing Reserve Balances

    Federal Reserve Board releases results of Survey of Senior Financial Officers at Banks about their Strategies and Practices for managing Reserve Balances| site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: May 20, 2021) The Federal Reserve Board on Thursday released results of a survey of senior financial officers at banks about their strategies and practices for managing reserve balances. The Senior Financial Officer Survey is used by the Board to obtain information about deposit pricing and behavior, bank liability management, the provision of financial services, and reserve management strategies and practices. The most recent survey was conducted in collaboration with the Federal Reserve Bank of New York between March 19, 2021, and April 2, 2021, and includes responses from banks that held approximately three quarters of total banking system reserve balances at the time of the survey. Information a...
    See more | Go to post

  • Secretary of the U.S. Treasury Janet L. Yellen’s Meeting with the American Bankers Association Board of Directors

    Secretary of the U.S. Treasury Janet L. Yellen’s Meeting with the American Bankers Association Board of Directors | site |


    (Information contained in U.S. Department of the Treasury press release dated: May 18, 2021) Earlier today, Secretary of the Treasury Janet L. Yellen met with members of the American Bankers Association (ABA) Board of Directors to discuss ways the Treasury Department and the ABA can work together to facilitate a strong recovery over the short-term and a robust economic expansion over the longer-term. The Secretary highlighted the role of banks as a necessary source of strength due to their critical role channeling emergency government support to households and businesses through the Paycheck Protection Program and Economic Impact Payments. The Secretary also noted the crucial role banks can play as part of the Biden Administration’s historic investments in both infrastructure and the essential services for families -like childcare- ...
    See more | Go to post

  • U.S. Small Business Administration Administrator Isabella Casillas Guzman meets with Board of the National Association of Hispanic Publications

    U.S. Small Business Administration Administrator Isabella Casillas Guzman meets with Board of the National Association of Hispanic Publications | site |



    (Information contained in U.S. Small Business Administration [SBA] press release dated: May 17, 2021)

    Washington - - On May 13, U.S. Small Business Administrator Isabella Casillas Guzman and the executive board of the National Association of Hispanic Publications met at a virtual roundtable. The group discussed the priorities of the Biden – Harris Administration and the equity focus on economic aid made possible by the American Rescue Plan Act, especially those in underserved communities.

    “As the first Latina in President Biden’s Cabinet, I’ve made outreach to my Hispanic familia one of my key priorities,” said SBA Administrator Guzman. “Your partnership is vital in that effort – the Hispanic media has a long history of telling the story of our nation’s
    ...
    See more | Go to post

  • Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households

    Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: May 17, 2021)

    In the fourth quarter of 2020, nearly one-fourth of adults said that they were worse off financially compared to a year earlier, reflecting the economic fallout and distress resulting from the global COVID-19 pandemic. The Federal Reserve Board's report, Economic Well-Being of U.S. Households in 2020, which was released on Monday, found a larger share of adults were worse off in 2020 than in previous years of the survey. This change occurred broadly across the population, but not all groups fared similarly. Despite the increase in the share of Americans doing worse off financially, most believed they were still at least doing "okay" financially overall. Seventy-five percent of adults were either doing okay or living comfortably in November, w...
    See more | Go to post

  • Federal Reserve Board invites Public Comment on Proposed Changes to Regulation II regarding Network Availability for Card-Not-Present Debit Card Transactions

    Federal Reserve Board invites Public Comment on Proposed Changes to Regulation II regarding Network Availability for Card-Not-Present Debit Card Transactions | site |


    Publishes a Biennial Report containing Summary Information on Debit Card Transactions in 2019



    (Information contained in Board of Governors of the Federal Reserve System press release dated: May 7, 2021)

    The Federal Reserve Board on Friday invited public comment on proposed changes to Regulation II (Debit Card Interchange Fees and Routing) to clarify that debit card issuers should enable, and allow merchants to choose from, at least two unaffiliated networks for card-not-present debit card transactions, such as online purchases. The Board views these clarifications of Regulation II's existing requirements as necessary in light of information indicating that often only one network is enabled for such transactions. Additionally, the Board published today a bie...
    See more | Go to post

Menu

Collapse

Trending

Collapse

  • Staff Reporter 1
    Federal Reserve Board announces it will extend for a final time its Paycheck Protection Program Liquidity Facility, or PPPLF, by an additional Month to July 30, 2021
    by Staff Reporter 1
    Federal Reserve Board announces it will extend for a final time its Paycheck Protection Program Liquidity Facility, or PPPLF, by an additional Month to July 30, 2021 | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 25, 2021) The Federal Reserve Board on Friday announced it will extend for a final time its Paycheck Protection Program Liquidity Facility, or PPPLF, by an additional month to July 30, 2021. The extension is being made as an operational accommodation to allow additional processing time for banks, community development financial institutions, and other financial institutions to pledge to the facility any Paycheck Protection Program, or PPP, loans approved by the Small Business Administration through the June 30 expiration of the PPP program. The PPPLF extends term credit to financial institutions making PPP loans, accepting the PPP loans as collateral. The liquidity provided ...
    07-14-2021, 08:04 PM
  • Staff Reporter 1
    African American elected to Boeing Company Board of Directors
    by Staff Reporter 1
    African American elected to Boeing Company Board of Directors | site |




    Company taps former Air Force General and United Airlines Pilot Stayce D. Harris


    Air Force General and Pilot Stayce D. Harris

    (Courtesy: The Boeing Company)





    The Boeing Company has announced that it has elected to its Board of Directors Pilot and General Stayce D. Harris. More information is available HERE...
    07-02-2021, 11:51 AM
  • Staff Reporter 1
    Federal Reserve Board releases results of annual Bank Stress Tests
    by Staff Reporter 1
    Federal Reserve Board releases results of annual Bank Stress Tests, which show that large Banks continue to have strong Capital Levels and could continue Lending to Households and Businesses during a severe Recession | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 24, 2021) The Federal Reserve Board on Thursday released the results of its annual bank stress tests, which showed that large banks continue to have strong capital levels and could continue lending to households and businesses during a severe recession. "Over the past year, the Federal Reserve has run three stress tests with several different hypothetical recessions and all have confirmed that the banking system is strongly positioned to support the ongoing recovery," said Vice Chair for Supervision Randal K. Quarles. All 23 large banks tested remained well above their risk-based minimum capital requirem...
    06-25-2021, 05:07 PM
  • Staff Reporter 1
    SBA Administrator Isabella Casillas Guzman meets with the Spanish Broadcasting System Board Members
    by Staff Reporter 1
    U.S. Small Business Administration Administrator Isabella Casillas Guzman meets with the Spanish Broadcasting System Board Members | site |



    (Information contained in U.S. Small Business Administration [SBA] press release dated: June 23, 2021)

    Washington - - On June 16, U.S. Small Business Administrator Isabella Casillas Guzman and the executive board of the Spanish Broadcasting System met at a virtual roundtable. The group discussed the priorities of the Biden – Harris Administration and the equity focus on economic aid made possible by the American Rescue Plan Act, especially to those in underserved communities.

    “As the first Latina in President Biden’s Cabinet, I’ve made outreach to my Hispanic familia one of my key priorities,” said SBA Administrator Guzman. “Your partnership is vital in that effort – the Hispanic media has a long history of telling the story of our nation’s
    ...
    06-25-2021, 01:27 PM
  • Staff Reporter 1
    Federal Reserve Board extends Comment Period on Proposed Changes to Regulation II regarding Network Availability for Card-not-present Debit Card Transactions until August 11, 2021
    by Staff Reporter 1
    Federal Reserve Board extends Comment Period on Proposed Changes to Regulation II regarding Network Availability for Card-not-present Debit Card Transactions until August 11, 2021 | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 22, 2021)

    The Federal Reserve Board announced on Tuesday that it will extend until August 11, 2021, the comment period for its proposed changes to Regulation II (Debit Card Interchange Fees and Routing) that would clarify that debit card issuers should enable, and allow merchants to choose from, at least two unaffiliated networks for card-not-present debit card transactions, such as online purchases.

    The Board extended the comment period to allow interested persons more time to analyze the issues and prepare their comments. Originally, comments were due by July 12, 2021.

    The Board's Federal Register notice is attached.
    ...
    06-23-2021, 10:40 AM

Menu

Collapse

Menu

Collapse

Working...
X