Board Actions

Actions taken during the week ending July 12, 2008

Regulations And Policies

Monetary Policy -- report to Congress.
-Authorized, July 9, 2008

Securities and Exchange Commission -- memorandum of understanding between the Board and the Securities and Exchange Commission regarding coordination and information sharing in areas of common regulatory and supervisory interest.
-Announced, July 7, 2008

Testimony And Statements

Monetary Policy Objectives -- statement by Chairman Bernanke before the Senate Committee on Banking, Housing, and Urban Affairs on July 15, and before the House Committee on Financial Services on July 16, 2008.
-Authorized, July 11, 2008

Over-the-Counter Derivatives -- statement by Patrick Parkinson, deputy director, Division of Research and Statistics, before the Subcommittee on Securities, Insurance, and Investment of the Senate Committee on Banking, Housing, and Urban Affairs on reducing risks and improving oversight of the OTC credit derivatives market.
-Published, July 9, 2008

Regulatory Restructuring -- statement by Chairman Bernanke before the House Committee on Financial Services on financial regulation and financial stability.
-Published, July 10, 2008