Board Actions

Actions taken during the week ending November 16, 2019

Testimony and Statements

Economic Outlook -- statement by Chair Powell before the Joint Economic Committee of the U.S. Congress on November 13 and before the House Committee on the Budget on November 14 on the economic outlook and monetary policy.
-Published, November 13, 2019

Monetary and Financial Policy

Financial Stability -- semiannual report.
-Published, November 15, 2019

Regulations and Policies

High-Volatility Commercial Real Estate (HVCRE) Exposures -- interagency final rule to amend the definition of "HVCRE exposure" in the agencies' capital rules, in accordance with the Economic Growth, Regulatory Relief, and Consumer Protection Act.
-Approved, November 15, 2019

Supplementary Leverage Ratio -- final interagency rule that would revise the agencies' capital rules to permit banking organizations predominantly engaged in custody, safekeeping, and asset servicing activities to exclude from their supplementary leverage ratio qualifying funds deposited with certain central banks, in accordance with the Economic Growth, Regulatory Relief, and Consumer Protection Act.
-Approved, November 15, 2019