Board Actions

Coronavirus and CARES Act -- statement by Chair Powell before the House Committee on Financial Services on September 22, the House Select Subcommittee on the Coronavirus Crisis on September 23, and the Senate Committee on Banking, Housing, and Urban Affairs on September 24, 2020, on the Federal Reserve's response to the coronavirus event.
-Published, September 22, 2020

Legal Division -- appointment of Stephanie Martin as senior associate general counsel, Ben McDonough as associate general counsel, and Alye Foster as deputy associate general counsel.
-Announced, September 22, 2020

Office of the Chief Operating Officer -- appointment of Katherine Tom as chief data officer.
-Announced, September 23, 2020

Capital Rule and Liquidity Coverage Ratio (LCR) Rule -- (1) interagency final rule that neutralizes the regulatory capital and LCR effects of participation in the Money Market Mutual Fund Liquidity Facility (MMLF) and Paycheck Protection Program Liquidity Facility (PPPLF), and (2) related revisions to the Financial Statements for Holding Companies (FR Y-9 reports) and the Complex Institution Liquidity Monitoring Report (FR 2052a).
-Approved, September 24, 2020

Community Reinvestment Act (CRA) Regulations -- issuance of an advance notice of proposed rulemaking, with request for comment, updating the Board's CRA regulatory and supervisory framework.
-Approved, September 21, 2020

Reserve Bank Payment Services -- notice to amend the implementation date of modifications to Federal Reserve Bank wholesale payment services, and corresponding changes to the Federal Reserve Policy on Payment System Risk.
-Approved, September 24, 2020

Temporary Appraisal Relief -- interagency final rule to defer appraisals and evaluations for up to 120 days after the closing of certain real estate transactions, under the agencies' appraisal regulations.
-Approved, September 24, 2020