Board Actions

Actions taken during the week ending June 9, 2012

Testimony and Statements

Dodd-Frank Act Implementation -- statement by Governor Tarullo before the Senate Committee on Banking, Housing, and Urban Affairs regarding the Federal Reserve's implementation of the Dodd-Frank Act.
-Published, June 6, 2012

Economic Outlook and Policy -- statement by Chairman Bernanke before the Joint Economic Committee of the U.S. Congress on the economic outlook and economic policy.
-Published, June 7, 2012

Banking Supervision & Regulation

Supervisory Coordination -- memorandum of understanding to clarify the coordination of supervisory activities by the Board, Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation, National Credit Union Administration, and Office of the Comptroller of the Currency under the Dodd-Frank Act.
-Announced, June 4, 2012

Regulations and Policies

Capital Rules -- (1) request for public comment on proposed rules to enhance risk-based capital requirements and (2) final rule on market risk capital requirements.
-Approved, June 7, 2012

Enforcement

Mariner's Bancorp, Edgewater, New Jersey -- written agreement with the Federal Reserve Bank of New York.
-Announced, June 5, 2012

Paradise Bank, Boca Raton, Florida -- written agreement dated April 16, 2010, terminated May 30, 2012.
-Announced, June 5, 2012