Monetary Brief News

Board Of Governors Of The Federal Reserve System News

Federal Reserve lifts asset growth cap on Wells Fargo after meeting conditions

The Federal Reserve announced on Tuesday that Wells Fargo is no longer under the asset growth restriction from the Board's 2018 enforcement action.

Federal Reserve releases minutes from April and May discount rate meetings

The Federal Reserve Board has published the minutes from its recent meetings, which were held to review and set discount rates for depository institutions.

Federal Reserve reveals findings from senior financial officer survey on bank reserves

The Federal Reserve Board has disclosed the findings of a recent survey involving senior financial officers at banks.

Powell meets with President to discuss economic developments

Chair Powell met with the President at the White House to discuss various economic developments.

Federal Reserve releases report on U.S. household economic well-being in 2024

The Federal Reserve Board has released its Economic Well-Being of U.S. Households in 2024 report, which assesses the financial conditions of American adults and their families.

Federal Reserve releases May FOMC meeting minutes

The Federal Reserve has made public the minutes from the Federal Open Market Committee (FOMC) meeting held on May 6-7, 2025.

Federal Reserve ends enforcement action with Perry County Bancorp and Du Quoin State Bank

The Federal Reserve Board has announced the termination of an enforcement action involving Perry County Bancorp Inc. and Du Quoin State Bank, both based in Du Quoin, Illinois.

Agencies release updated host state loan-to-deposit ratios

Federal bank regulatory agencies have issued updated host state loan-to-deposit ratios, as required by law.

Federal Reserve maintains current interest rates amid economic uncertainty

Recent economic indicators suggest continued expansion at a solid pace, according to the Federal Reserve's latest statement.

Federal Reserve revises crypto guidance for banks to enhance flexibility and innovation

The Federal Reserve Board has announced the withdrawal of specific guidance for banks regarding their activities in the crypto-asset and dollar token sectors.

Federal Reserve approves Capital One and Discover merger with conditions

The Federal Reserve Board has approved the merger application of Capital One Financial Corporation with Discover Financial Services.

Fed seeks comment on stress test volatility reduction proposal

The Federal Reserve Board has opened up for public comment a proposal aimed at lessening the volatility of capital requirements that originate from the Board's annual stress test results.

United Community Banks merger approved by the Federal Reserve Board

The Federal Reserve Board has approved the application by United Community Banks, Inc., based in Greenville, South Carolina, to merge with ANB Holdings, Inc. This merger will facilitate the indirect acquisition of American National Bank, located...

Appraisal requirements paused by agencies for California's affected areas

To assist in recovery from recent wildfires and straight-line winds in Los Angeles County, California, four federal financial regulatory agencies have temporarily suspended specific appraisal requirements linked to real estate transactions.

Federal Reserve Board releases February and March 2025 meeting minutes

The Federal Reserve Board released the minutes from its recent discount rate meetings on Tuesday.

Federal Reserve publishes minutes from March 2025 FOMC meeting

The Federal Reserve has released the minutes from the Federal Open Market Committee (FOMC) meeting that took place on March 18-19, 2025.

Federal Reserve ends enforcement action with former bank employee

The Federal Reserve Board has declared the termination of an enforcement action involving Lori H. Staples, former employee of The Marathon Bank situated in Winchester, Virginia.

Federal Reserve Board updates on enforcement actions involving banking institutions

The Federal Reserve Board has announced an enforcement action involving a former employee of Banco Popular de Puerto Rico.

Federal Reserve releases audited financials for 2024

The Federal Reserve Board has released the annual audited financial statements for the Federal Reserve System for the year 2024.

Federal Reserve approves Commonwealth Business Bank's new branch in New Jersey

The Federal Reserve Board has approved an application from Commonwealth Business Bank to open a new branch.