Agencies Remove Additional References to Reputation Risk
The federal bank regulatory agencies today jointly updated certain interagency documents to remove references to reputation risk. The agencies are taking this action to complement their earlier actions that ended the use of reputation risk in supervision. As the agencies have previously noted, reputation risk can be misused by supervisors as a basis to encourage…
Federal Reserve: Kevin Warsh Takes Oath of Office as Chairman and a Member of the Board of Governors of the Federal Reserve System
Federal Open Market Committee Unanimously Selects Warsh as Its Chairman Kevin Warsh on Friday took the oath of office as chairman and a member of the Board of Governors of the Federal Reserve System. Also on Friday, the Federal Open Market Committee unanimously selected Warsh as its chairman. President Donald J. Trump nominated Mr. Warsh…
Federal Reserve: Board Issues Economic Well-Being of U.S. Households in 2025 Report
The Federal Reserve Board on Wednesday issued its Economic Well-Being of U.S. Households in 2025 report, which examines the financial circumstances of U.S. adults and their families. Overall, the report shows that financial well-being was consistent with recent years. Survey results indicate that the labor market remained solid, despite some softening since the previous year’s survey. Price…
Agencies Issue Host State Loan-to-Deposit Ratios
Federal bank regulatory agencies today jointly issued updated host state loan-to-deposit ratios, as required by law. Each ratio compares the total loans in a state to total deposits in the state for all banks that are legally operating in that state. These ratios replace those issued in May 2025. By law, a bank is generally prohibited…
Federal Reserve: Governor Barr Delivers Speech on Developing Communities Through Public-Private Partnerships
Read the text of Governor Michael S. Barr’s speech on “Developing Communities Through Public-private Partnerships” at the 2026 National Community Investment Conference, Phoenix, Arizona Thank you for inviting me here today. Let me also thank those at all 12 of the Reserve Banks, the Board of Governors, and the staff at FedCommunities for their efforts…
Agencies Request Comment on Proposals to Modernize the Regulatory Capital Framework and Maintain the Strength of the Banking System
The federal bank regulatory agencies today requested comment on three proposals to modernize the regulatory capital framework for banks of all sizes. The proposals would streamline capital requirements and better align regulatory capital with risk while maintaining the safety and soundness of the banking system. The federal bank regulatory agencies today requested comment on three proposals…
Banking Agencies Clarify the Capital Treatment of Tokenized Securities
The federal bank regulatory agencies today jointly issued answers to frequently asked questions to clarify the capital treatment of tokenized securities. A security is often referred to as “tokenized” when ownership rights in the security are represented using distributed ledger technology. The answers to the frequently asked questions clarify that an eligible tokenized security should…
Federal Reserve: Statement Issued on Reputation Risk Proposal by Vice Chair for Supervision Michelle W. Bowman
Following earlier actions to remove reputation risk from its supervision of banks, the Federal Reserve Board on Monday requested comment on a proposal to codify that removal. The proposal reiterates the Board’s policy against penalizing or prohibiting an institution from banking a customer engaged in legal activity. “We have heard troubling cases of debanking—where supervisors…
Federal Reserve: Designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks Announced for 2026
The Federal Reserve Board on Friday announced the designation of the chairs and deputy chairs of the 12 Federal Reserve Banks for 2026. Each Reserve Bank has a nine-member board of directors, representing a wide range of business and community leaders across each regional district. By law, the Board of Governors in Washington appoints three…
Agencies Release Annual Asset-Size Thresholds Under Community Reinvestment Act Regulations
The Federal Reserve Board and the Federal Deposit Insurance Corporation today announced the 2026 updated Community Reinvestment Act (CRA) “small bank” and “intermediate small bank” asset-size thresholds. The CRA regulations establish the framework and criteria by which the relevant agencies assess a financial institution’s record of meeting the credit needs of its entire community, including…