Fed District Bank Changes Sought

Dodd's proposal to revamp regulation includes provisions that would change the way the Fed chooses directors at its 12 regional banks, putting more power in Washington.

Topics:  fed   washington   bank   
BING NEWS:
  • Judge Blocks New U.S. Rule Limiting Credit Card Late Fees
    Set to take effect on Tuesday, the rule would save households $10 billion a year in “junk fees,” the Consumer Financial Protection Bureau said.
    05/10/2024 - 1:46 pm | View Link
  • Fed's Bostic says economy likely slowing, though rate-cut timing uncertain
    The U.S. central bank likely remains on track to cut interest rates this year even if the timing and extent of the policy easing is uncertain and further declines in inflation come only slowly, ...
    05/9/2024 - 10:03 pm | View Link
  • Divergent Central Bank Signals
    Three European central banks have now cut interest rates this month: the Czech National Bank by 50 basis points last Friday, the National Bank of Moldova by 15 bps yesterday and, most tellingly, the ...
    05/8/2024 - 10:11 am | View Link
  • Large member banks help lower the cost of Home Loan bank advances
    As the Federal Housing Finance Agency considers revising Federal Home Loan bank membership standards, it should consider the benefits of scale that large member banks make possible.
    05/7/2024 - 3:00 am | View Link
  • TD Bank faces mounting calls for executive change
    Anti-money-laundering gaps that prompted U.S. probe cast doubt over likelihood TD CEO will hold onto his position, as well as prompting concern over the depth of TD’s talent bench ...
    05/6/2024 - 12:26 pm | View Link
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