Board Votes 2018

Date Action Votes for Votes against Abstentions Category
12/20/2018

Agencies allow three-year regulatory capital phase-in for new Current Expected Credit Losses (CECL) accounting standard

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Final Rule
12/20/2018

Agencies issue final rules expanding examination cycles for qualifying small banks and U.S. branches and agencies of foreign banks

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Final Rule
12/19/2018

Federal Reserve and FDIC announce resolution plan determinations for four foreign-based banks and finalize guidance for eight domestic banks

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Supervisory Matter
12/14/2018

Agencies invite comment on a proposal to exclude community banks from the Volcker rule

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Proposed Rule
12/13/2018

Agencies propose update to management interlock rules

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Proposed Rule
12/6/2018

Federal Reserve Board announces approval of proposals by Synovus Financial Corp. and Synovus Bank

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Banking Order
12/6/2018

Federal Reserve Board announces approval of application by Cadence Bancorporation

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Banking Order
11/30/2018

Agencies seek public comment on proposal to raise appraisal exemption threshold for residential real estate transactions

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Proposed Rule
11/21/2018

Agencies propose community bank leverage ratio for qualifying community banking organizations

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Proposed Rule
11/14/2018

Agencies propose amendments to Regulation CC regarding funds availability

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Proposed Rule
11/14/2018

Federal Reserve Board approves final amendments to simplify Regulation J and to make it conform more closely with Regulation CC

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Final Rule
11/5/2018

Federal Reserve Board announces approval of applications by Comerica Bank

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
11/1/2018

Federal Reserve Board finalizes new supervisory rating system for large financial institutions

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Final Rule
10/31/2018

Federal Reserve Board invites public comment on framework that would more closely match regulations for large banking organizations with their risk profiles

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles

Governor Brainard

None

Proposed Rule
10/30/2018

Agencies propose rule to update calculation of derivative contract exposure amounts under regulatory capital rules

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Proposed Rule
10/29/2018

Agencies issue proposal to streamline regulatory reporting for qualifying small institutions

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Proposed Rule
10/19/2018

Federal Reserve Board fines Société Générale S.A. $81.3 million for firm's unsafe and unsound practices primarily related to violations of U.S. sanctions against Cuba

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Enforcement Action
10/16/2018

Federal Reserve Board announces approval of application by Old National Bancorp

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
10/10/2018

Federal Reserve Board announces approval of applications by Security Trust & Savings Bank

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
9/28/2018

Federal Reserve Board seeks public comment on potential actions to facilitate real-time interbank settlement of faster payments

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Board Action*
9/25/2018

Federal Reserve Board announces approval of application by Compass Bank

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
9/19/2018

Federal Reserve Board seeks public comment on proposal to amend Regulation H and Regulation K

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Proposed Rule
9/18/2018

Agencies approve amendments to swap margin rule

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Final Rule*
9/12/2018

Federal Reserve Board announces approval of application by HarborOne Mutual Bancshares and HarborOne Bancorp, Inc.

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
9/4/2018

Federal Reserve Board approves final amendments to liability provisions of Regulation CC

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Final Rule
9/4/2018

Federal Reserve Board announces approval of application by Origin Bank

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
8/27/2018

Agencies extend deadline for certain resolution plan submissions

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Supervisory Matter
8/21/2018

Federal Reserve Board issues interim final rule expanding the applicability of the Board's small bank holding company policy statement

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Interim Final Rule
8/21/2018

Agencies issue interim final rules expanding examination cycles for qualifying small banks and U.S. branches and agencies of foreign banks

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Interim Final Rule*
8/21/2018

Agencies issue interim final rule regarding the treatment of certain municipal securities as high-quality liquid assets

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Interim Final Rule*
8/9/2018

Federal Reserve Board fines Citigroup $8.6 million for the improper execution of residential mortgage-related documents and announces termination of 2011 enforcement action

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Enforcement Action
7/24/2018

Federal Reserve Board issues enforcement action with Community Trust Bank, Inc.

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Enforcement Action
7/4/2018

Federal Reserve Board issues statement describing how, consistent with recently enacted EGRRCPA, the Board will no longer subject primarily smaller, less complex banking organizations to certain Board regulations

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Supervisory Matter*
7/4/2018

Agencies issue statement regarding the impact of the Economic Growth, Regulatory Relief, and Consumer Protection Act

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Supervisory Matter*
6/27/2018

Federal Reserve Board invites public comment on proposal to adopt ISO 20022 message format for Fedwire Funds Service

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Proposal for Comment
6/20/2018

Federal Reserve releases results of Comprehensive Capital Analysis and Review (CCAR)

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Supervisory Matter
6/15/2018

Regulators extend the next resolution plan filing deadline for 14 domestic firms

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Supervisory Matter
6/14/2018

Federal Reserve Board approves rule to prevent concentrations of risk between large banking organizations and their counterparties from undermining financial stability

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Final Rule
6/11/2018

Federal Reserve Board announces approval of application by Ameris Bancorp

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
6/5/2018

Federal Reserve Board announces approval of application by TriCo Bancshares

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
5/30/2018

Federal Reserve Board asks for comment on proposed rule to simplify and tailor compliance requirements relating to the "Volcker rule"

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Proposed Rule
5/18/2018

Federal Reserve Board issues enforcement actions with 2 former Regions Bank employees and announces termination of enforcement action with Hometown Bancshares, Inc.

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Enforcement Action
5/9/2018

Federal Reserve Board announces approval of application by Ameris Bancorp

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
4/30/2018

Federal Reserve Board announces approval of application by Independent Bank Group, Inc.

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
4/30/2018

Federal Reserve Board announces approval of final amendments to its Regulation A

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Final Rule
4/10/2018

Federal Reserve Board approves proposal to revise regulatory capital rules to address and provide an option to phase in the effects of the new accounting standard for credit losses

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Proposed Rule*
4/10/2018

Rule proposed to tailor 'enhanced supplementary leverage ratio' requirements

Chairman Powell
Vice Chairman for Supervision Quarles

Governor Brainard

None

Proposed Rule
4/9/2018

Federal Reserve Board seeks comment on proposal to simplify its capital rules for large banks while preserving strong capital levels that would maintain their ability to lend under stressful conditions

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Proposed Rule
4/2/2018

Federal Reserve Board announces approval of application by Arvest Bank, Arvest Bank Group, Inc., and Arvest Holdings, Inc.

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
3/23/2018

Federal banking agencies issue final rule to exempt commercial real estate transactions of $500,000 or less from appraisal requirements

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Final Rule
3/19/2018

Federal Reserve Board announces approval of application by The Charles Schwab Corporation

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
3/19/2018

Federal Reserve Board seeks to permanently bar former employee of Frost Bank from employment in banking industry

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Enforcement Action
3/14/2018

Federal Reserve Board announces it is seeking to fine, permanently bar 2 former Regions Bank employees from banking industry

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Enforcement Action
2/20/2018

Federal Reserve Board announces approval of proposal by First Financial Bancorp and approval of applications by First Financial Bank

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
2/15/2018

Federal Reserve Board announces approval of application by IBERIABANK

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
2/14/2018

Agencies communicate updated expectations for next resolution plans of two domestic banks

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Supervisory Matter
2/12/2018

Federal Reserve Board announces approval of application by Howard Bancorp, Inc.

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Banking Order
2/9/2018

Federal Reserve Board seeking to impose a $487,500 fine on former Barclays Bank PLC employee and permanently bar him from the banking industry

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Enforcement Action
2/9/2018

Federal Reserve Board fines US Bancorp $15 million and orders it to improve risk management and oversight

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Enforcement Action
2/5/2018

Federal Reserve Board issues enforcement action with Jacob H. Goldstein

Chairman Powell
Vice Chairman for Supervision Quarles
Governor Brainard

None

None

Enforcement Action
2/2/2018

Responding to widespread consumer abuses and compliance breakdowns by Wells Fargo, Federal Reserve restricts Wells' growth until firm improves governance and controls. Concurrent with Fed action, Wells to replace three directors by April, one by year end

Chair Yellen
Governor Powell
Governor Brainard

None

Vice Chairman for Supervision Quarles

Enforcement Action
1/23/2018

Federal Reserve Board announces approval of application by Associated Banc-Corp

Chair Yellen
Vice Chairman for Supervision Quarles
Governor Powell
Governor Brainard

None

None

Banking Order
1/23/2018

Agencies complete assessment of resolution plans of 19 foreign-based banks

Chair Yellen
Vice Chairman Quarles
Governor Powell
Governor Brainard

None

None

Supervisory Matter
1/16/2018

Federal Reserve Board announces approval of application by Huron Community Bank

Chair Yellen
Vice Chairman for Supervision Quarles
Governor Powell
Governor Brainard

None

None

Banking Order
1/12/2018

Federal Reserve Board announces $29 million penalty against U.S. operations of Mega International Commercial Bank Co., Ltd.

Chair Yellen
Vice Chairman for Supervision Quarles
Governor Powell
Governor Brainard

None

None

Enforcement Action
1/11/2018

Federal Reserve Board announces termination of enforcement action with Heartland Bank and denies motion to void fine and permanent ban on former foreign exchange (FX) trader

Chair Yellen
Vice Chairman for Supervision Quarles
Governor Powell
Governor Brainard

None

None

Enforcement Action
1/8/2018

Federal Reserve Board announces termination of enforcement actions against 10 banking organizations, civil monetary penalties against five of the 10, and termination of two joint orders against service providers

Chair Yellen
Vice Chairman for Supervision Quarles
Governor Powell
Governor Brainard

None

None

Enforcement Action
1/2/2018

Federal Reserve Board requests comment on proposed guidance that would clarify Board's supervisory expectations related to risk management for large financial institutions

Chair Yellen
Vice Chairman for Supervision Quarles
Governor Powell
Governor Brainard

None

None

Proposed Guidance

*On June 29, 2023, categories for Board votes from 2012 to 2022 were updated to standardize the categories.

Back to Top
Last Update: June 29, 2023