Policy & Regulation

The newly installed Fed vice chair for supervision outlined his vision for his role in his debut policy speech last week. Advocacy groups are happy, but have some unanswered questions.

The appointment creates a "full-fledged office" within the Office of the Comptroller of the Currency devoted to national banks' climate-change exposures, acting Comptroller Michael Hsu says.

Join three officials from the Federal Housing Finance Agency's recently establish Office of Technology to hear about their goals and initiatives for the department and how their work may impact every day lending activities.

The regulators issued a joint statement Friday morning reaffirming their commitment to the international regulatory framework, but it remains to be seen if they will do so by the Basel Committee's January deadline.

A Government Accountability Office report found that regulators scaled back supervisory examinations during the pandemic in part because of banks' technological shortcomings.

Acting Chairman of the Federal Deposit Insurance Corp. Martin Gruenberg said that the agency will continue to consider its rising assessment rates even as deposits fell in the second quarter

Republican Sen. Pat Toomey criticized the degree of "opacity" surrounding some community benefit agreements, or written deals between banks and community groups ahead of a merger that often involve billions of dollars of commitments.

The new Federal Reserve vice chair for supervision called for capital requirements that target higher-risk activities and more complex organizations; merger decisions that factor in a deal's impact on accessibility of financial services; and better tests for evaluating banks' preparedness for climate change.

The former Fed vice chair for supervision said the recent ruling in West Virginia v. the EPA will not 'gut' the administrative state, but it could be a needed restraint.

Federal Reserve Vice Chair Lael Brainard said Wednesday that there are signs that inflation is easing, but the central bank has no intention of laying off the throttle.