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    Staff Reporter 1
    Staff Reporter 1

  • Federal Reserve Board approves Fee Schedule for Federal Reserve Bank Priced Services

    Federal Reserve Board approves Fee Schedule for Federal Reserve Bank Priced Services

    Federal Reserve Board approves Fee Schedule for Federal Reserve Bank Priced Services | site | (Information contained in Board of Governors of the Federal Reserve System press release dated: December 1, 2021) The Federal Reserve Board on Wednesday announced the approval of fee schedules, effective January 3, 2022, for payment services the Federal Reserve Banks provide to depository institutions, known as priced services. Overall, the Reserve Banks estimate that the price changes will result in a 3.7 percent average price increase. Increases in the fee schedule for 2022 are generally similar to previous years, except 2021 where fees other than the Check Services Participation Fee remained flat. The 2022 fee schedule for each of the priced services is available on the Federal Reserve Banks' financial services website at FRBservices.org®. The Reserve Banks project that they will recover 97.1 percent of their priced services costs in 2022. While the Reserve Banks do not expect to ful...
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  • Staff Reporter 1
    Staff Reporter 1

  • FCC Inspector General Issues Advisory regarding EBB Enrollment Fraud

    FCC Inspector General Issues Advisory regarding EBB Enrollment Fraud

    Federal Communications Commission Inspector General Issues Advisory regarding EBB Enrollment Fraud site



    (Information contained in Federal Communications Commission [FCC] press release dated: November 22, 2021) Washington, November 22, 2021 – In an Advisory issued today, the Office of Inspector General (OIG) of the Federal Communications Commission alerted EBB providers, beneficiaries, and the public to improper and abusive EBB program enrollments made in connection with the USDA National School Lunch Program’s Community Eligibility Provision (CEP). Providers’ sales agents are enrolling households in the EBB program by falsely claiming the household includes a dependent child who attends a CEP school. The Advisory provides examples where the number of EBB households enrolled based on CEP school participation vastly outnumber the students actually enrolled in those schools. OIG reminds all EBB providers that they are required to im...
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  • Staff Reporter 1
    Staff Reporter 1

  • Randal K. Quarles submits Resignation as a Member of the Federal Reserve Board, effective at the end of December

    Randal K. Quarles submits Resignation as a Member of the Federal Reserve Board, effective at the end of December

    Randal K. Quarles submits Resignation as a Member of the Federal Reserve Board, effective at the end of December | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: November 8, 2021) Randal K. Quarles submitted his resignation Monday as a member of the Federal Reserve Board, effective at the end of December. He served as the Board's first Vice Chair for Supervision and has been a member of the Board since October 13, 2017. As Vice Chair for Supervision, he oversaw the supervision and regulation of financial firms in the Board's jurisdiction. He served simultaneously as Chair of the Financial Stability Board, or FSB, an international body established by the G20 to ensure the resilience of the global financial system. His three-year term as FSB Chair ends on December 2. In both positions, he played a central role in ensuring the safe operation of both the domestic and international financia...
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    Staff Reporter 1

  • Minutes of the Federal Open Market Committee, September 21-22, 2021

    Minutes of the Federal Open Market Committee, September 21-22, 2021

    Minutes of the Federal Open Market Committee, September 21-22, 2021 | site |




    (Information contained in Board of Governors of the Federal Reserve System press release dated: October 13, 2021)

    The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on September 21–22, 2021.

    The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and subsequently are published in the Board’s Annual Report. The descriptions of economic and financial conditions contained in these minutes are based solely on the information that was available to the Committee at the time of the meeting.

    FOMC minutes can be viewed on the Board’s website at http://www.federalreserve.gov/moneta...ccalendars.htm Minutes of the Federal Open Market Committee September 21–22, 2
    ...
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  • Federal Reserve Board and Federal Open Market Committee release Economic Projections from the September 21-22 FOMC Meeting

    Federal Reserve Board and Federal Open Market Committee release Economic Projections from the September 21-22 FOMC Meeting | site |



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

    The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the September 21-22 meeting.

    Projections | Accessible Materials
    ...
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  • Federal Reserve issues FOMC Statement

    Federal Reserve issues FOMC Statement

    Federal Reserve issues Federal Open Market Committee Statement | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: September 22, 2021) The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months, but the rise in COVID-19 cases has slowed their recovery. Inflation is elevated, largely reflecting transitory factors. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses. The path of the economy continues to depend on the course o...
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  • Federal Officials send Letter to Governors, Mayors and State Courts Urging Use of Emergency Rental Assistance Over Eviction

    Secretary of the Treasury Yellen, Attorney General Garland and Secretary of the Department of Housing and Urban Development Fudge Sent Letter to Governors, Mayors and State Courts Urging Use of Emergency Rental Assistance Over Eviction | site |



    (Information contained in U.S. Department of the Treasury press release dated: August 27, 2021)

    Washington - - Today, U.S. Secretary of the Treasury Janet L. Yellen, Attorney General of the U.S. Department of Justice Merrick B. Garland, and Secretary of the Department of Housing and Urban Development Marcia L. Fudge sent a letter to state and local government leaders addressing the eviction moratorium.

    The full text of the letter is available here and below. Governors, Mayors, County Executives, and Chief Justices/State Court Administrators: We are writing to request your urgent help preventing unnecessary evictions during the pandemic. Our bottom line is this: No one should
    ...
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  • Staff Reporter 1
    Staff Reporter 1

  • FCC seeks Comments on Competitive Access to Broadband in Apartment and Office Buildings

    FCC seeks Comments on Competitive Access to Broadband in Apartment and Office Buildings

    Federal Communications Commission seeks Comments on Competitive Access to Broadband in Apartment and Office Buildings | site |



    Tees Up Questions on Revenue Sharing Agreements Between Building Owners and Providers, and on Exclusive Wiring and Marketing Arrangements


    (Information contained in Federal Communications Commission [FCC] press release dated: September 7, 2021) Washington, September 7, 2021 - - he Federal Communications Commission today announced it is inviting a new round of comments in a proceeding examining competitive access to broadband in apartment and office buildings. The new call for comments aims to better understand how the Commission can promote increased competition, consumer choice, and lower prices for Americans living and working in these buildings. “Across the country throughout the pandemic, the need for more and better broadband access has never been clearer,” said Acting Chairwoman Jessi...
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  • Staff Reporter 1
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  • Federal Communications Commission acts to provide relief in Areas affected by Hurricane Ida

    Federal Communications Commission acts to provide relief in Areas affected by Hurricane Ida

    Federal Communications Commission acts to provide relief in Areas affected by Hurricane Ida | site |




    Agency Extends Certain Regulatory and Filing Deadlines to Assist Consumers, Licensees and Communications Providers Affected by the Storm


    (Information contained in Federal Communications Commission [FCC] press release dated: September 3, 2021) Washington, September 3, 2021 - - The Federal Communications Commission today took a series of actions to extend deadlines and waive rules to assist consumers, licensees and communications providers in Louisiana and Mississippi impacted by Hurricane Ida. “The FCC is working around the clock in coordination with government partners and industry to support the restoration of vital communications services after the destruction of Hurricane Ida,” said Acting Chairwoman Jessica Rosenworcel. “Today, we’re extending deadlines for our universal servi...
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  • Federal and State Financial Regulatory Agencies issue Interagency Statement on Supervisory Practices regarding Financial Institutions affected by Hurricane Ida

    Federal and State Financial Regulatory Agencies issue Interagency Statement on Supervisory Practices regarding Financial Institutions affected by Hurricane Ida | site |



    Board of Governors of the Federal Reserve System
    Conference of State Bank Supervisors
    Federal Deposit Insurance Corporation
    National Credit Union Administration
    Office of the Comptroller of the Currency



    (Information contained in Board of Governors of the Federal Reserve System press release dated: August 30, 2021) The Office of the Comptroller of the Currency, Federal Reserve Board, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the state regulators, collectively the agencies, recognize the serious impact of Hurricane Ida on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their super...
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    Staff Reporter 1

  • DHS to Serve as Lead Federal Agency Coordinating Efforts to Resettle Vulnerable Afghans

    DHS to Serve as Lead Federal Agency Coordinating Efforts to Resettle Vulnerable Afghans

    U.S. Department of Homeland Security to Serve as Lead Federal Agency Coordinating Efforts to Resettle Vulnerable Afghans | site |



    Secretary Mayorkas Announces Robert J. Fenton, Jr. as Senior Response Official


    (Information contained in U.S. Department of Homeland Security [DHS] press release dated: August 29, 2021) Washington - - President Biden has directed the Secretary of Homeland Security to have his department serve as the lead agency coordinating ongoing efforts across the federal government to resettle vulnerable Afghans, including those who worked on behalf of the United States.  Secretary Alejandro N. Mayorkas announced that Robert J. Fenton, Jr. will lead the interagency Unified Coordination Group. The Unified Coordination Group will report directly to Secretary Mayorkas and will include a broad range of services throughout the resettlement process, from initial immigration processing, COVID-19 te...
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  • U.S. Secretary of Defense Lloyd J. Austin III's Call with German Federal Minister of Defense Annegret Kramp-Karrenbauer

    U.S. Secretary of Defense Lloyd J. Austin III's Call with German Federal Minister of Defense Annegret Kramp-Karrenbauer | site |



    (Information contained in U.S. Department of Defense [DOD] press release dated: August 25, 2021)

    Pentagon Press Secretary John F. Kirby provided the following information:

    Secretary of Defense Lloyd J. Austin III spoke with German Federal Minister of Defense Annegret Kramp-Karrenbauer to exchange perspectives on the ongoing evacuation operations from Kabul. The principals noted strong cooperation and coordination among Allies, and agreed to remain in touch as the operation continued.
    ...
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  • Minutes of the Federal Reserve Board's Discount Rate Meetings on July 19 and July 28, 2021

    Minutes of the Federal Reserve Board's Discount Rate Meetings on July 19 and July 28, 2021

    Minutes of the Federal Reserve Board's Discount Rate Meetings on July 19 and July 28, 2021 | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: August 24, 2021)



    The Federal Reserve Board on Tuesday released the minutes of its interest rate meetings on July 19 and July 28, 2021.

    The minutes are attached.


    Attachment (PDF)
    ...
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  • Staff Reporter 1
    Staff Reporter 1

  • FEMA COVID-19 Funeral Assistance State-by-State Breakdown

    FEMA COVID-19 Funeral Assistance State-by-State Breakdown

    Federal Emergency Management Agency COVID-19 Funeral Assistance State-by-State Breakdown | site |



    (Information contained in Federal Emergency Management Agency [FEMA] press release dated: August 23, 2021)

    Washington - - FEMA has provided over $1.044 billion to nearly 159,000 people to assist with COVID-19-related funeral costs for deaths occurring on or after Jan. 20, 2020.

    Eligibility determinations are not driven by state/location; instead, they are based on when the applicant submits all required documentation.

    “Applications” in the below chart reflect the number of individuals who called to begin the assistance process.

    Please find state-specific information below:



    ...
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  • Staff Reporter 1
    Staff Reporter 1

  • Federal Emergency Management Agency Launches National Risk Index Update

    Federal Emergency Management Agency Launches National Risk Index Update

    Federal Emergency Management Agency Launches National Risk Index Update | site |



    Full Application Now Available with More Customization and Reporting


    (Information contained in Federal Emergency Management Agency [FEMA] press release dated: August 16, 2021)

    Washington - - FEMA announced the full application launch of the National Risk Index, a new online resource that provides a clear, visual guide to natural hazard risks throughout the United States, and information to help communities to understand and reduce those risks, whether they involve flooding, wildfire, extreme heat, or drought. Developed with attention to the increased risks from climate change, and the need to develop new approaches to reduce those risks, this online mapping application provides simple measures of a community’s risk for 18 natural hazards. The online mapping application also measures resilience, social vulnerability and expecte
    ...
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  • Staff Reporter 1
    Federal Reserve Board approves Fee Schedule for Federal Reserve Bank Priced Services
    Staff Reporter 1
    Staff Reporter 1
    by Staff Reporter 1
    Federal Reserve Board approves Fee Schedule for Federal Reserve Bank Priced Services | site | (Information contained in Board of Governors of the Federal Reserve System press release dated: December 1, 2021) The Federal Reserve Board on Wednesday announced the approval of fee schedules, effective January 3, 2022, for payment services the Federal Reserve Banks provide to depository institutions, known as priced services. Overall, the Reserve Banks estimate that the price changes will result in a 3.7 percent average price increase. Increases in the fee schedule for 2022 are generally similar to previous years, except 2021 where fees other than the Check Services Participation Fee remained flat. The 2022 fee schedule for each of the priced services is available on the Federal Reserve Banks' financial services website at FRBservices.org®. The Reserve Banks project that they will recover 97.1 percent of their priced services costs in 2022. While the Reserve Banks do not expect to ful...
    12-05-2021, 04:28 AM
  • Staff Reporter 1
    FCC Inspector General Issues Advisory regarding EBB Enrollment Fraud
    Staff Reporter 1
    Staff Reporter 1
    by Staff Reporter 1
    Federal Communications Commission Inspector General Issues Advisory regarding EBB Enrollment Fraud site



    (Information contained in Federal Communications Commission [FCC] press release dated: November 22, 2021) Washington, November 22, 2021 – In an Advisory issued today, the Office of Inspector General (OIG) of the Federal Communications Commission alerted EBB providers, beneficiaries, and the public to improper and abusive EBB program enrollments made in connection with the USDA National School Lunch Program’s Community Eligibility Provision (CEP). Providers’ sales agents are enrolling households in the EBB program by falsely claiming the household includes a dependent child who attends a CEP school. The Advisory provides examples where the number of EBB households enrolled based on CEP school participation vastly outnumber the students actually enrolled in those schools. OIG reminds all EBB providers that they are required to im...
    11-25-2021, 06:11 AM
  • Staff Reporter 1
    Randal K. Quarles submits Resignation as a Member of the Federal Reserve Board, effective at the end of December
    Staff Reporter 1
    Staff Reporter 1
    by Staff Reporter 1
    Randal K. Quarles submits Resignation as a Member of the Federal Reserve Board, effective at the end of December | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: November 8, 2021) Randal K. Quarles submitted his resignation Monday as a member of the Federal Reserve Board, effective at the end of December. He served as the Board's first Vice Chair for Supervision and has been a member of the Board since October 13, 2017. As Vice Chair for Supervision, he oversaw the supervision and regulation of financial firms in the Board's jurisdiction. He served simultaneously as Chair of the Financial Stability Board, or FSB, an international body established by the G20 to ensure the resilience of the global financial system. His three-year term as FSB Chair ends on December 2. In both positions, he played a central role in ensuring the safe operation of both the domestic and international financia...
    11-10-2021, 05:35 AM
  • Staff Reporter 1
    Minutes of the Federal Open Market Committee, September 21-22, 2021
    Staff Reporter 1
    Staff Reporter 1
    by Staff Reporter 1
    Minutes of the Federal Open Market Committee, September 21-22, 2021 | site |




    (Information contained in Board of Governors of the Federal Reserve System press release dated: October 13, 2021)

    The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on September 21–22, 2021.

    The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and subsequently are published in the Board’s Annual Report. The descriptions of economic and financial conditions contained in these minutes are based solely on the information that was available to the Committee at the time of the meeting.

    FOMC minutes can be viewed on the Board’s website at http://www.federalreserve.gov/moneta...ccalendars.htm Minutes of the Federal Open Market Committee September 21–22, 2
    ...
    10-13-2021, 11:53 PM
  • Staff Reporter 1
    Federal Reserve Board and Federal Open Market Committee release Economic Projections from the September 21-22 FOMC Meeting
    Staff Reporter 1
    Staff Reporter 1
    by Staff Reporter 1
    Federal Reserve Board and Federal Open Market Committee release Economic Projections from the September 21-22 FOMC Meeting | site |



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

    The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the September 21-22 meeting.

    Projections | Accessible Materials
    ...
    10-13-2021, 11:35 PM

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