Board Actions

Diversity and Inclusion -- statement by Sheila Clark, program director, Office of Diversity and Inclusion, before the House Financial Services Subcommittee on Diversity and Inclusion on the role of the Office of Minority and Women Inclusion (OMWI) at the Board.
-Published, September 8, 2020

Forms -- initial Board review to extend with revision the Notifications Related to Community Development and Public Welfare Investments of State Member Banks (FR H-6); initial Board review to extend without revision the Board Public Website Usability Surveys (FR 3076); final Board review to extend with revision the Survey of Household Economics and Decisionmaking (SHED) (FR 3077) and the Market Risk Capital Rule (FR 4201); and final Board review to extend without revision the Surveys of Consumer and Community Affairs Publications and Resources (FR 1378).
-Approved, September 9, 2020

Forms -- temporary revisions with request for comment to the Capital Assessments and Stress Testing Reports (FR Y-14A/Q/M).
-Approved, September 11, 2020

Division of Monetary Affairs -- appointment of Trevor Reeve as director.
-Approved, September 11, 2020

Stress Tests -- (1) corrected stress test results for Citigroup Inc.; The Goldman Sachs Group, Inc. (Goldman Sachs); HSBC North America Holdings Inc.; Morgan Stanley; and Wells Fargo & Company; and (2) related notification by the director, Supervision and Regulation, and the director, Financial Stability, of revised stress capital buffer requirements for Goldman Sachs and Morgan Stanley, which reflect the corrected stress test results for each firm.
-Announced, September 4, 2020
(A/C)

Allied First Bancorp, Inc., Oswego, Illinois -- written agreement dated June 6, 2014, terminated September 2, 2020.
-Announced, September 8, 2020