Federal Reserve Board announces final rule that establishes data standards for certain information collections

The newly established standards are a direct implementation of the Financial Data Transparency Act (FDTA) of 2022, a bipartisan legislative initiative aimed at modernizing financial regulatory reporting. The rule, which…

Federal Reserve issues FOMC statement

The Fed’s Dual Mandate and Policy Framework The Federal Reserve operates under a dual mandate established by Congress: to promote effectively the goals of maximum employment and price stability. These…

Federal Reserve Board and Federal Open Market Committee release economic projections from the June 16-17 FOMC meeting

The Federal Reserve Board and the Federal Open Market Committee (FOMC) on Wednesday, June 17, 2026, released their updated Summary of Economic Projections (SEP) following the conclusion of their two-day…

Federal Reserve Board requests comment on proposal to require certain payment stablecoin issuers to maintain an effective customer identification program

The Federal Reserve Board, on Thursday, June 18, 2026, initiated a significant step towards bolstering the regulatory framework for digital assets by formally requesting public comment on a proposal designed…

Federal Reserve Board Issues Enforcement Action Against Matthew Cheong, Former M&T Bank Employee, for Embezzlement

The Federal Reserve Board announced on June 18, 2026, the execution of a significant enforcement action against Matthew Cheong, a former employee of Manufacturers and Traders Trust Company, commonly known…

Federal Reserve Board issues enforcement action with former employee of Bank of Eufaula and S N B Bancshares, Inc.

The Federal Reserve Board, the central banking system of the United States, on Thursday, June 18, 2026, announced a significant enforcement action against Thomas Engelbrecht, a former high-ranking official of…

Federal Reserve notes with deep sadness the passing of Alan Greenspan

The Federal Reserve announced on June 22, 2026, with profound sorrow, the passing of Alan Greenspan, who served as the 13th Chairman of the Board of Governors from 1987 to…

Federal Reserve Board’s annual bank stress test confirms that large banks are well positioned to weather a severe recession and able to continue to lend to households and businesses

A Foundation of Resilience: Understanding the Stress Test Mandate The annual bank stress test, officially known as the Dodd-Frank Act Stress Test (DFAST), is a cornerstone of post-2008 financial regulatory…

Federal Reserve Board issues enforcement action with employee of Bank of Eufaula and S N B Bancshares, Inc.

The Federal Reserve Board announced Thursday, June 25, 2026, the formal execution of a consent cease-and-desist order against Jason Burns, who served as President and Director of Bank of Eufaula…

Federal Reserve Board Announces Termination of Enforcement Action with Jiko Group, Inc.

The Federal Reserve Board, the central banking system of the United States, officially announced on Thursday, June 25, 2026, the termination of an enforcement action previously issued against Jiko Group,…