Board Actions

Actions taken during the week ending July 1, 2006

Discount Rates

Discount and Advance Rates -- increase in the primary credit rate from 6 percent to 6-1/4 percent by the Federal Reserve Banks of Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Dallas, and San Francisco.
-Approved, June 29, 2006

Enforcement

Citigroup Inc., New York, New York, and CitiFinancial Credit Company, Baltimore, Maryland -- cease and desist order dated May 27, 2004, terminated June 22, 2006.
-Announced, June 26, 2006

Forms

Forms -- final Board review to extend with revision the interagency Suspicious Activity Report (FR 2230).
-Approved, June 27, 2006