Board Actions

Main Street Lending Programs -- (1) revisions to the Main Street New Loan Facility and the Main Street Expanded Loan Facility and (2) establishment of the Main Street Priority Loan Facility.
-Approved, April 30, 2020

Municipal Liquidity Facility (MLF) -- expansion of the scope and duration of the MLF.
-Approved, April 27, 2020

Paycheck Protection Program Liquidity Facility (PPPLF) -- changes to the PPPLF to expand access to additional lenders and expand the collateral that can be pledged.
-Approved, April 30, 2020

Lending and Liquidity Facilities -- report to Congress pursuant to section 13(3) of the Federal Reserve Act in response to COVID-19.
-Approved, April 28, 2020

Liquidity Coverage Ratio (LCR) -- (1) interagency interim final rule and request for comment to modify the LCR rule for banks participating in the Money Market Mutual Fund Liquidity Facility and the Paycheck Protection Program Liquidity Facility and (2) temporary revisions to the Complex Institution Liquidity Monitoring Report (FR 2052a).
-Approved, April 30, 2020

Single-Counterparty Credit Limit (SCCL) Rule -- (1) final rule to extend by 18 months the initial compliance dates for certain parts of the SCCL rule and (2) revisions to the Single-Counterparty Credit Limits (FR 2590).
-Approved, April 30, 2020

Bank Hapoalim B.M., Tel Aviv, Israel -- issuance of a consent cease-and-desist order and assessment of a civil money penalty for unsafe and unsound practices resulting in violations of U.S. tax laws.
-Approved, April 23, 2020
(A/C)