Board Actions

Actions taken during the week ending November 16, 2013

Testimony and Statements

Confirmation Hearing -- statement by Vice Chair Yellen before the Senate Committee on Banking, Housing, and Urban Affairs on her nomination as Chair of the Board.
-Published, November 14, 2013

Monetary and Financial Policy

Term Deposit Facility -- fixed-rate offering of 28-day term deposits with full allotment of tenders on November 18, 2013.
-Announced, November 13, 2013

Personnel

Management Division -- appointment of Jeffrey A. Martin as assistant director.
-Approved, October 11, 2013
(A/C)

Regulations and Policies

Community Reinvestment Act -- final new and revised interagency questions and answers regarding community reinvestment.
-Approved, September 30, 2013
(A/C)

Regulations Z (Truth in Lending) and M (Consumer Leasing) -- final rules, issued jointly with the Consumer Financial Protection Bureau, adjusting the dollar thresholds for exempt consumer credit and consumer lease transactions, in accordance with the Dodd-Frank Act.
-Approved, November 12, 2013

Enforcement

North Milwaukee Bancshares, Inc., Milwaukee, Wisconsin -- written agreement with the Federal Reserve Bank of Chicago.
-Announced, November 14, 2013