Federal Reserve
The Federal Open Market Committee's Summary of Economic Projections probably won't offer the 130 basis points of cuts next year that the market expects.
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The financial services industry has run TV ads during football games and organized lobbying visits by small-business owners in its fight against the Basel III endgame plan to raise capital requirements for larger lenders. The tactics are beginning to show signs of working.
November 20 -
As the government weighs changes to interchange, Michael Miebach voiced his displeasure during the company's earnings call.
October 26
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After remaining above $2 trillion for a year, the Federal Reserve's overnight reverse repurchase facility has seen steadily less use in recent months. The development is welcomed by banks, but could be a sign that certain financial players are shifting funds to riskier activities.
September 4 -
A 2018 report laid the groundwork for the Biden administration's push to root out discrimination in home valuation. A counter study says no such practices exist.
August 17 -
The Federal Reserve has outlined the process state member banks must follow before issuing, redeeming or holding stablecoins. The agency also says it will create an examination process to monitor novel activities.
August 8 -
The Federal Reserve released its list of large bank capital requirements based on the results from this year's stress test. While overall capital obligations will decline, some firms will have to hold more capital.
July 27 -
Officials at the central bank have been discussing a real-time payment system for a decade. Work on FedNow began in 2019.
July 20 -
The longtime chief executive of the Federal Reserve Bank of St. Louis will leave his post after 15 years to take an administrative position at Purdue University.
July 13 -
The Fed's report on the failure of Silicon Valley Bank describes a "shift" in supervisory culture that began five years ago. Some say the issue is much older than that.
May 8
