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 76 users online. 4 members and 72 guests.

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

104 results in 0.0089 seconds.
Keywords
Members
Tags
reserve x
  •  

  • Federal Reserve Board approves reappointment of Reserve Bank Presidents and First Vice Presidents

    Federal Reserve Board approves reappointment of Reserve Bank Presidents and First Vice Presidents | site |



    (Information contained in Board of Governors of the Federal Reserve System press release: January 21, 2021)

    The Federal Reserve Board on Thursday announced the approval of the reappointment of 12 Federal Reserve Bank presidents and 11 first vice presidents, as previously made by their respective boards of directors.1 Each individual has been approved to serve a new five-year term beginning March 1, 2021. Under section 4 of the Federal Reserve Act, all Reserve Bank presidents and first vice presidents serve five-year terms that expire at the end of February in years ending in 1 or 6. Presidents and first vice presidents who take office in intervening years are initially appointed for the remainder of the current term. Class B and C Reserve Bank directors who are not affiliated with a supervised entity are eligible to vote on ...
    See more | Go to post

  • Federal Reserve Board finalizes a Rule that updates the Board's Capital Planning Requirements

    Federal Reserve Board finalizes a Rule that updates the Board's Capital Planning Requirements to be Consistent with other Board Rules that were recently modified | site |



    (Information contained in Board of Governors of the Federal Reserve System press release: January 19, 2021)

    The Federal Reserve Board on Tuesday finalized a rule that updates the Board's capital planning requirements to be consistent with other Board rules that were recently modified. The final rule is generally similar to the proposal. In 2019, the Board finalized a framework that sorts large banks into different categories based on their risks, with requirements that are tailored to the risks of each category. The Board's capital planning requirements for these large banks help ensure they plan for and determine their capital needs under a range of different scenarios. The rule finalized today reflects that new framework. In particular, firms in the lowe...
    See more | Go to post

  • Federal Reserve Board announces Reserve Bank Income and Expense Data and Transfers to the Treasury for 2020

    Federal Reserve Board announces Reserve Bank Income and Expense Data and Transfers to the Treasury for 2020 | site |



    (Information contained in Board of Governors of the Federal Reserve System press release: January 11, 2021) The Federal Reserve Board on Monday announced preliminary results indicating that the Reserve Banks provided for payments of approximately $88.5 billion of their estimated 2020 net income to the U.S. Treasury. The 2020 audited Reserve Bank financial statements are expected to be published in March and may include adjustments to these preliminary unaudited results. The Federal Reserve Banks' 2020 estimated net income of $88.8 billion represents an increase of $33.3 billion from 2019, primarily attributable to a $27.1 billion decrease in interest expense associated with reserve balances held by depository institutions and a $5.3 billion decrease in interest expense associated with securities sold under agreements to resell. Net income f...
    See more | Go to post

  • Federal Reserve extends Termination Date of Main Street Lending Program Facilities to January 8, 2021

    Federal Reserve extends Termination Date of Main Street Lending Program Facilities to January 8, 2021 | site |



    To allow more time to process and fund loans that were submitted to Main Street lender portal on or before December 14, 2020


    (Information contained in Board of Governors of the Federal Reserve System press release: December 29, 2020)

    In order to allow more time to process and fund loans that were submitted to the Main Street lender portal on or before December 14, 2020, the Federal Reserve Board on Tuesday extended the termination date of the Main Street Lending Program facilities to January 8, 2021.

    As described in new frequently asked questions and program term sheets, the extension is consistent with section 1005 of the Consolidated Appropriations Act and was also approved by the Secretary of the Treasury.


    Main Street New Loan Facility Term Sheet (PDF)

    Main Street Priority
    ...
    See more | Go to post

  • Federal Reserve Board announces Appointment of the Chairs and Deputy Chairs of the Federal Reserve Banks for 2021

    Federal Reserve Board announces Appointment of the Chairs and Deputy Chairs of the Federal Reserve Banks for 2021 | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: December 23, 2020)

    The Federal Reserve Board on Wednesday announced the designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2021.

    Each Reserve Bank has a nine-member board of directors. The Board of Governors in Washington appoints three of these directors and each year designates one of its appointees as Chair and a second as Deputy Chair.

    Following are the names of the Chairs and Deputy Chairs designated by the Board for 2021:

    Boston
    Christina Hull Paxson, president, Brown University, Providence, Rhode Island, named Chair.

    Corey Thomas, chairman and chief executive officer, Rapid7, Inc., Boston, Massachusetts, named Deputy Chair.

    New
    ...
    See more | Go to post

  • Federal Reserve Board invites Public Comment on Proposed Amendments to Regulation D and issues Final Rule amending Regulation D

    Federal Reserve Board invites Public Comment on Proposed Amendments to Regulation D and issues Final Rule amending Regulation D with regard to Reserve Requirement Ratios on Transaction Accounts
    | site |



    (Information contained in Board of Governors of the Federal Reserve System press release: December 22, 2020) The Federal Reserve Board on Tuesday issued a notice of proposed rulemaking that requests public comment on proposed amendments to Regulation D (Reserve Requirements of Depository Institutions). Under the proposal, references to an "interest on required reserves" ("IORR") rate and to an "interest on excess reserves" ("IOER") rate would be replaced with a single "interest on reserve balances" ("IORB") rate. The proposed amendments would make other conforming changes, such as simplifying the formula used to calculate the amount of interest paid on balances maintained by or on behalf of eligible institutions in master accounts at Federal Reserve Ban...
    See more | Go to post

  • Federal Reserve Board votes to Affirm the Countercyclical Capital Buffer at the Current Level of 0 Percent

    Federal Reserve Board votes to Affirm the Countercyclical Capital Buffer (CCyB) at the Current Level of 0 Percent | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: December 18, 2020) The Federal Reserve Board announced on Friday it has voted to affirm the Countercyclical Capital Buffer (CCyB) at the current level of 0 percent. In making this determination, the Board followed the framework detailed in the Board's policy statement for setting the CCyB for private-sector credit exposures located in the United States. The buffer is a macroprudential tool that can be used to increase the resilience of the financial system by raising capital requirements on large banking organizations when there is an elevated risk of above-normal future losses and when the banking organizations for which capital requirements would be raised by the buffer are exposed to or are contributing to this elevated risk--either directly o...
    See more | Go to post

  • Federal Reserve announces Members of its Community Depository Institutions Advisory Council for 2021

    Federal Reserve announces Members of its Community Depository Institutions Advisory Council for 2021 | site |


    (Information contained in Board of Governors of the Federal Reserve System press release: December 17, 2020)

    The Federal Reserve Board on Thursday, December 17 announced the members of its Community Depository Institutions Advisory Council (CDIAC) and the president of the council for 2021.

    CDIAC advises the Board on the economy, lending conditions, and other issues of interest to community depository institutions. Members are selected from representatives of commercial banks, thrift institutions, and credit unions serving on local advisory councils at the 12 Federal Reserve Banks. One member of each of the Reserve Bank councils serves on CDIAC, which meets twice a year with the Federal Reserve Board in Washington, DC. Further information on CDIAC, including records from past meetings, can be found here: http://www.federalr
    ...
    See more | Go to post

  • Christopher J. Waller Sworn In as a Member of the Board of Governors of the Federal Reserve System

    Christopher J. Waller Sworn In as a Member of the Board of Governors of the Federal Reserve System | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: December 18, 2020)

    Christopher J. Waller took the oath of office on Friday as a member of the Board of Governors of the Federal Reserve System. The oath was administered remotely via videoconference by Chair Jerome H. Powell. Dr. Waller took the oath at his residence in St. Louis in the company of family and friends.





    Chair Powell swears in Christopher J. Waller virtually on December 18, 2020 as a member of the Board of Governors of the Federal Reserve System. (Photo courtesy Board of Governors of the Federal Reserve System)

    On January 16, President Trump announced his intention to nominate Dr....
    See more | Go to post

  • Federal Reserve Board releases Second Round of Bank Stress Test Results

    Federal Reserve Board releases Second Round of Bank Stress Test Results

    Federal Reserve Board releases Second Round of Bank Stress Test Results | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: December 18, 2020) The Federal Reserve Board on Friday released a second round of bank stress test results this year, which showed that large banks had strong capital levels under two separate hypothetical recessions. "The banking system has been a source of strength during the past year and today's stress test results confirm that large banks could continue to lend to households and businesses even during a sharply adverse future turn in the economy," said Vice Chair for Supervision Randal K. Quarles. The Board's stress tests help ensure that large banks can support the economy during economic downturns. The tests evaluate the resilience of large banks by estimating their losses, revenue, and capital levels—which provide a cushion against losses—under hypothetical scenarios over nine fu...
    See more | Go to post

  • Federal Reserve announces the Extension of its Temporary U.S. Dollar Liquidity Swap Lines

    Federal Reserve announces the Extension of its Temporary U.S. Dollar Liquidity Swap Lines and the Temporary Repurchase Agreement Facility for Foreign and International Monetary Authorities (FIMA repo facility) through September 30, 2021 | site |


    (Information contained in Board of Governors of the Federal Reserve System press release: December 16, 2020) The Federal Reserve on Wednesday announced the extension of its temporary U.S. dollar liquidity swap lines and the temporary repurchase agreement facility for foreign and international monetary authorities (FIMA repo facility) through September 30, 2021. These facilities were temporarily established in March 2020 to ease strains in global dollar funding markets resulting from the COVID-19 shock and mitigate the effect of such strains on the supply of credit to households and businesses, both domestically and abroad. Extensions to both facilities through March 2021 were announced on ...
    See more | Go to post

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

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



    (Information contained in Board of Governors of the Federal Reserve System press release: December 16, 2020)

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

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

  • Federal Reserve issues FOMC Statement

    Federal Reserve issues FOMC Statement

    Federal Reserve issues FOMC Statement | site |


    (Information contained in Board of Governors of the Federal Reserve System press release: December 16, 2020) 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. The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year. Weaker demand and earlier declines in oil prices have been holding down consumer price inflation. 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 will depend significantly on the course of the virus. The ongoing public health crisis will continue ...
    See more | Go to post

  • Federal Reserve Board announces it has Formally Joined the Network of Central Banks and Supervisors for Greening the Financial System, or NGFS, as a Member

    Federal Reserve Board announces it has Formally Joined the Network of Central Banks and Supervisors for Greening the Financial System, or NGFS, as a Member | site |


    (Information contained in Board of Governors of the Federal Reserve System press release: December 15, 2020) The Federal Reserve Board announced on Tuesday that it has formally joined the Network of Central Banks and Supervisors for Greening the Financial System, or NGFS, as a member. By bringing together central banks and supervisory authorities from around the world, NGFS supports the exchange of ideas, research, and best practices on the development of environment and climate risk management for the financial sector. The Board began participating in NGFS discussions and activities more than a year ago. "As we develop our understanding of how best to assess the impact of climate change on the financial system, we look forward to continuing and deepening our discussions with our NGFS colleague...
    See more | Go to post

  • Federal Reserve releases Illustrative Examples of New Charts that will be Included in the Federal Open Market Committee’s Quarterly Summary of Economic Projections

    Federal Reserve releases Illustrative Examples of New Charts that will be Included in the Federal Open Market Committee’s Quarterly Summary of Economic Projections (SEP) | site |


    (Information contained in Board of Governors of the Federal Reserve System press release: December 11, 2020)

    The Federal Reserve on Friday released illustrative examples of new charts that will be included in the Federal Open Market Committee's quarterly Summary of Economic Projections (SEP). The new charts show FOMC participants' judgments of uncertainty and risks related to their projections of the change in real gross domestic product, the unemployment rate, personal consumption expenditures (PCE) inflation, and core PCE inflation. The first new illustrative chart shows the proportion of participants who indicated that the uncertainty surrounding their projections for each variable was higher or lower relative to the average level of uncertainty over the past 20...
    See more | Go to post

Menu

Collapse

Trending

Collapse

  • Staff Reporter 1
    Federal Reserve Board approves reappointment of Reserve Bank Presidents and First Vice Presidents
    by Staff Reporter 1
    Federal Reserve Board approves reappointment of Reserve Bank Presidents and First Vice Presidents | site |



    (Information contained in Board of Governors of the Federal Reserve System press release: January 21, 2021)

    The Federal Reserve Board on Thursday announced the approval of the reappointment of 12 Federal Reserve Bank presidents and 11 first vice presidents, as previously made by their respective boards of directors.1 Each individual has been approved to serve a new five-year term beginning March 1, 2021. Under section 4 of the Federal Reserve Act, all Reserve Bank presidents and first vice presidents serve five-year terms that expire at the end of February in years ending in 1 or 6. Presidents and first vice presidents who take office in intervening years are initially appointed for the remainder of the current term. Class B and C Reserve Bank directors who are not affiliated with a supervised entity are eligible to vote on ...
    01-22-2021, 01:48 AM
  • Staff Reporter 1
    Federal Reserve Board finalizes a Rule that updates the Board's Capital Planning Requirements
    by Staff Reporter 1
    Federal Reserve Board finalizes a Rule that updates the Board's Capital Planning Requirements to be Consistent with other Board Rules that were recently modified | site |



    (Information contained in Board of Governors of the Federal Reserve System press release: January 19, 2021)

    The Federal Reserve Board on Tuesday finalized a rule that updates the Board's capital planning requirements to be consistent with other Board rules that were recently modified. The final rule is generally similar to the proposal. In 2019, the Board finalized a framework that sorts large banks into different categories based on their risks, with requirements that are tailored to the risks of each category. The Board's capital planning requirements for these large banks help ensure they plan for and determine their capital needs under a range of different scenarios. The rule finalized today reflects that new framework. In particular, firms in the lowe...
    01-20-2021, 01:17 AM
  • Staff Reporter 1
    Federal Reserve Board announces Reserve Bank Income and Expense Data and Transfers to the Treasury for 2020
    by Staff Reporter 1
    Federal Reserve Board announces Reserve Bank Income and Expense Data and Transfers to the Treasury for 2020 | site |



    (Information contained in Board of Governors of the Federal Reserve System press release: January 11, 2021) The Federal Reserve Board on Monday announced preliminary results indicating that the Reserve Banks provided for payments of approximately $88.5 billion of their estimated 2020 net income to the U.S. Treasury. The 2020 audited Reserve Bank financial statements are expected to be published in March and may include adjustments to these preliminary unaudited results. The Federal Reserve Banks' 2020 estimated net income of $88.8 billion represents an increase of $33.3 billion from 2019, primarily attributable to a $27.1 billion decrease in interest expense associated with reserve balances held by depository institutions and a $5.3 billion decrease in interest expense associated with securities sold under agreements to resell. Net income f...
    01-11-2021, 07:47 PM
  • Staff Reporter 1
    Federal Reserve extends Termination Date of Main Street Lending Program Facilities to January 8, 2021
    by Staff Reporter 1
    Federal Reserve extends Termination Date of Main Street Lending Program Facilities to January 8, 2021 | site |



    To allow more time to process and fund loans that were submitted to Main Street lender portal on or before December 14, 2020


    (Information contained in Board of Governors of the Federal Reserve System press release: December 29, 2020)

    In order to allow more time to process and fund loans that were submitted to the Main Street lender portal on or before December 14, 2020, the Federal Reserve Board on Tuesday extended the termination date of the Main Street Lending Program facilities to January 8, 2021.

    As described in new frequently asked questions and program term sheets, the extension is consistent with section 1005 of the Consolidated Appropriations Act and was also approved by the Secretary of the Treasury.


    Main Street New Loan Facility Term Sheet (PDF)

    Main Street Priority
    ...
    12-29-2020, 11:31 PM
  • Staff Reporter 1
    Federal Reserve Board announces Appointment of the Chairs and Deputy Chairs of the Federal Reserve Banks for 2021
    by Staff Reporter 1
    Federal Reserve Board announces Appointment of the Chairs and Deputy Chairs of the Federal Reserve Banks for 2021 | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: December 23, 2020)

    The Federal Reserve Board on Wednesday announced the designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2021.

    Each Reserve Bank has a nine-member board of directors. The Board of Governors in Washington appoints three of these directors and each year designates one of its appointees as Chair and a second as Deputy Chair.

    Following are the names of the Chairs and Deputy Chairs designated by the Board for 2021:

    Boston
    Christina Hull Paxson, president, Brown University, Providence, Rhode Island, named Chair.

    Corey Thomas, chairman and chief executive officer, Rapid7, Inc., Boston, Massachusetts, named Deputy Chair.

    New
    ...
    12-24-2020, 11:36 PM

Menu

Collapse

Menu

Collapse

Working...
X