FRB

The country’s largest and most complex banking institutions are well-positioned to weather a severe recession, according to the Federal Reserve’s annual bank stress test results. In April, the Fed proposed a new rule to average stress test results over two consecutive years to determine an institution’s minimum capital requirement. Read on »

The office of the inspector general is expanding its investigation into workforce reductions at the Consumer Financial Protection Bureau to include a review of the bureau’s canceled contracts, Senate Banking Committee officials confirmed. Read on »

Federal banking agencies have a standing record of offering guidance to entities in areas affected by natural disasters. This regulatory roundup includes details about how banks and credit unions affected by recent flooding in Texas can access these materials, as well as other information. Read on »

Federal Reserve Financial Services (FRFS) will be implementing its new message format for its Fedwire Funds Service on July 14. The transition coincides closely with FRFS’s recent integration of enhanced risk mitigation features into its instant payment service, FedNow. Read on »

Faced with rising pressure to lower interest rates, Federal Reserve Chair Jerome Powell recently said his agency would have likely reduced the federal funds rate already this year if it were not for market volatility caused by the Trump administration’s trade tariffs. Federal Housing Finance Agency Director Bill Pulte released a statement on social media accusing Powell of “political bias” and calling for an investigation into his actions as Fed chair. Read on »

The federal bank regulatory agencies issued a request for information on a proposal to modify certain regulatory capital standards to encourage banking organizations to engage in lower-risk activities and help U.S. Treasury markets run more smoothly. Read on »

The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, S. 1582, passed 68-30 in the Senate with bipartisan support for its aim of establishing a federal regulatory framework for U.S. dollar-backed stablecoins. Read on »

The federal banking agencies published comprehensive data depicting communities presenting opportunities for covered institutions to receive Community Reinvestment Act (CRA) compliance credit through outreach activities, as well as a list of banks recently evaluated for their efforts to fulfill their CRA obligations. Read about these reports and more in this regulatory roundup. Read on »

The Federal Open Market Committee voted to maintain the federal funds target rate at a range of 4-1/4 percent to 4-1/2 percent, citing a confluence of positive and negative economic indicators warranting a measured approach in the eyes of its members. The decision aligns with projections by mortgage industry leaders but elicited harsh criticism from President Donald Trump. Read on »

If you are a business owner or a real estate professional who is unsure how certain aspects of the economy will impact you, you could likely benefit from Dr. Bill Conerly’s straight forward, to-the-point discussion with October Research Chief Knowledge Officer Mary Schuster on our Keys to Real Estate podcast. Read on »