Board Actions

Actions taken during the week ending April 16, 2016

Testimony and Statements

Trends in Fixed-Income Markets -- statement by Governor Powell before two subcommittees of the Senate Committee on Banking, Housing, and Urban Affairs.
-Published, April 14, 2016

Banking Supervision & Regulation

Resolution Plans -- determinations by the Board and Federal Deposit Insurance Corporation on the 2015 resolution plans submitted under the Dodd-Frank Act by eight systemically important, domestic banking institutions.
-Announced, April 13, 2016

Banks, State Member

Goldman Sachs Bank USA, New York, New York -- commenter's request for reconsideration of the Board's approval of the application by Goldman Sachs Bank USA to assume certain deposits of, and acquire certain assets from, GE Capital Bank, Holladay, Utah.
-Denied, April 15, 2016

Forms

Forms -- initial Board review to implement the Consolidated Financial Statements for Insurance Nonbank Financial Companies (FR 2085).
-Proposed, April 13, 2016

Forms -- initial Board review to extend with revision the Structure Reporting Requirements for Domestic and Foreign Banking Organizations (FR Y-6, FR Y-7, FR Y-10, and FR Y-10E).
-Proposed, April 14, 2016

Reserve Bank Operations

Reserve Bank Directors -- designation of a chair and deputy chair of the Federal Reserve Bank of St. Louis and appointment of a director of the Detroit Branch of the Federal Reserve Bank of Chicago.
-Approved, April 7, 2016
(A/C)

Enforcement

CBS Financial Corporation, Smyrna, Georgia -- written agreement issued August 10, 2009, terminated April 8, 2016.
-Announced, April 12, 2016

Security Bank, Tulsa, Oklahoma -- issuance of a consent cease and desist order against Gentry Parker, a former institution-affiliated party.
-Announced, April 14, 2016