Kyle Campbell

The Fed's interest rate hikes are meant to tame inflation, but the secondary impacts on housing could give the central bank a reason to pump the brakes.

Attorneys general from 19 states issued subpoenas to six large banks seeking information about their climate policies. They say they're seeking to hold banks accountable for the fairness of their ESG policies to fossil-fuel companies, but others call it intimidation.

The bank regulators said they are open to all possibilities as they sought input on potential changes to resolution policies for large regional banks, but that hasn't stopped policy specialists from reading between the lines.

The regulators laid out several measures that would change how large but not global systemically important banks capitalize and structure themselves.

The Wyoming-chartered digital bank, which is suing the Federal Reserve for the right to a master account, says the central bank is applying a double standard on crypto custody.

The vice chair for supervision warned banks to be on the lookout for liquidity risks and illegal activity when dealing with the crypto sector.

The central bank has recently stepped up its efforts to reduce its balance sheet, but doing that without forcing a liquidity crunch requires careful planning.

In the master account lawsuit, the Fed says reserve banks aren't subject to administrative procedure law, and urges the court not to jeopardize the balance Congress has created with the Federal Reserve System.

The bank regulators have promised new guidelines for large regional bank resolution plans. Some say the move is overdue, but others say it doesn't go far enough.

Richard Ostrander will serve as general counsel for the reserve bank and sit on its executive committee. He will also advise the Federal Open Market Committee.