Board Actions

Actions taken during the week ending June 30, 2007

Board Operations

Division of Research and Statistics -- appointment of Larry Slifman as Senior Associate Director; Janice Shack-Marquez, David Reifschneider, and William Wascher as Associate Directors; Michael Gibson and Daniel Sichel as Deputy Associate Directors; Karen Dynan, Michael Palumbo, and Michael Kiley as Assistant Directors; Daniel Covitz as Assistant Director and Chief of the Capital Markets Section; David Lebow as Assistant Director and Chief of the Macroeconomic Analysis Section; and change in assignments for Diane Hancock, Robin Prager, and Michael Cringoli from Assistant Director/Chief to Assistant Director.
-Approved, June 29, 2007

Regulations And Policies

Regulation E (Electronic Fund Transfers) -- final amendments to exempt transactions of $15 or less from the requirement that receipts be made available to consumers for transactions initiated at electronic terminals (Docket No. R-1270).
-Approved, June 25, 2007

Subprime Mortgage Lending -- final interagency statement and guidance on issues related to certain adjustable-rate mortgages (Docket No. OP-1278).
-Approved, June 27, 2007

Testimony And Statements

Consumer Protections in Financial Services -- statement by Governor Kroszner before the House Committee on Financial Services regarding the Board's role in protecting consumers in financial services transactions.
-Published, June 13, 2007 (AC)