Tag Archives: Federal Reserve

Monday, June 2, 2014

Fed banks to host town hall meetings on payments system improvements

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The Federal Reserve System will hold a number of town hall meetings during the month of June to encourage industry feedback on improving the speed, security and efficiency of the U.S. payment system. Last fall, the Federal Reserve released a … Read More…

Wednesday, April 30, 2014

Fed banks update Payment System Improvement project

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The system of Federal Reserve Banks recently updated its Payment System Improvement project discussion by detailing potential solutions to improve the U.S. payment system by accelerating the speed with which payments are processed and enhancing network security. In September 2013, … Read More…

Wednesday, April 30, 2014

Senate Banking Committee approves nominations to Fed, HUD, NCUA

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The Senate Banking Committee voted on Monday to approve several nominations to the Federal Reserve Board of Governors, Department of Housing and Urban Development (HUD) and the National Credit Union Administration (NCUA). Stanley Fischer, Jerome Powell and Lael Brainard were … Read More…

Tuesday, April 29, 2014

St. Louis Fed seeks comment on returned check processing alternatives

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The Federal Reserve Bank of St. Louis is currently seeking comment on two alternative solutions designed to encourage banks to send and receive returned checks electronically. In an effort to expedite the check return process and save costs, the St. … Read More…

Tuesday, March 11, 2014

House to examine Fed’s role in credit allocation

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The House Financial Services Subcommittee on Monetary Policy and Trade will hold a hearing on Wednesday on the Federal Reserve‚Äôs role in credit allocation. As the central bank loosened monetary policy in response to the 2008 financial crisis, it pushed … Read More…

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