Big Banks Pressed on Sluggish, Inequitable Deposit-Rate Hikes
Advancing an initiative with political “legs,” Sen. Jack Reed (D-RI) has demanded answers from the nation’s largest banks on why small-deposit rates have barely budged even as the Fed sharply hiked interest rates now reflected in higher loan costs.
FRB-NY Official Details Wholesale CBDC Prototype
Fed Fixes Advanced-Approach Glitches
The FRB is proposing to implement three changes to Regulation Q data collection/disclosure rules governing advanced-approach capital adequacy at BHCs, SLHCs, and state member banks.
Fed to Name Master-Account Names
Toomey Presses for SLR Rewrite
Ranking Senate Banking Member Toomey (R-PA) today released his letter to Chairman Powell cautioning the central bank not to handle any Treasury-market liquidity events with new backstop facilities.
Waters Adds To Fed’s Political Woes
Fed Worry Level Goes Up
The Federal Reserve likely hoped for the torpor of a Friday afternoon to quell frightened replies to the latest financial-stability report released today.