The Federal Reserve Board announced Friday that it will end its novel activities supervision program, which was created to oversee certain crypto and fintech activities in banks.
The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) have made public the sections of resolution plans submitted by major banking organizations.
Adriana D. Kugler will leave her position as a governor of the Federal Reserve Board, effective August 8, 2025, according to an announcement made by the Board on Friday.
The Federal Reserve Board announced it will allow banks and credit unions to use an alternative method for collecting certain customer identification information.
Recent data shows that economic growth in the United States slowed during the first half of the year, according to indicators referenced by the Federal Reserve.
The Federal Reserve Board has announced the results of its annual bank stress test, revealing that large banks are well-equipped to handle a severe recession.
The Federal Reserve Board has announced a significant change in its supervisory approach, stating that reputational risk will no longer be part of the examination programs for banks.
The Federal Reserve Board has issued enforcement actions against two former bank employees and announced the termination of previous enforcement actions with several international banks.