Board Actions

Actions taken during the week ending March 14, 2009

Enforcement

East Dubuque Savings Bank, East Dubuque, Illinois -- issuance of a consent order of assessment of a civil money penalty.
-Announced, March 9, 2009

SolutionsBank Corporation, Overland Park, Kansas, and SolutionsBank -- written agreement with the Federal Reserve Bank of Kansas City and the Kansas Office of the State Bank Commissioner.
-Announced, March 9, 2009

Forms

Forms -- initial Board review to extend without revision the Suspicious Activity Report (FR 2230).
-Proposed, March 9, 2009

Monetary and Financial Policy

Term Auction Facility -- TAF auction in the amount of $150 billion in 28-day credit on March 9, 2009.
-Announced, March 9, 2009

Regulations And Policies

American International Group, Inc. -- report to the Congress, required by the Emergency Economic Stabilization Act of 2008, on the restructuring of the government's financial support to AIG.
-Approved, March 9, 2009

Testimony And Statements

Mortgage Lending Reform -- statement by Sandra F. Braunstein, director, Division of Consumer and Community Affairs, before the Subcommittee on Financial Institutions and Consumer Credit of the House Committee on Financial Services on problems in the subprime mortgage market, regulatory actions to address these problems, and potential legislative responses.
-Published, March 11, 2009