Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Board Actions PDF
Actions taken during the week ending December 20, 2025
Enforcement
The Goldman Sachs Group, Inc., New York, New York -- cease-and-desist order dated October 22, 2020, terminated December 4, 2025.
Announced: December 16, 2025
Metropolitan Commercial Bank, New York, New York -- cease-and-desist order dated October 16, 2023, terminated December 4, 2025.
Announced: December 16, 2025
Regulations and Policies
Biennial Debit Card Report -- publication of report on 2023 Interchange Fee Revenue, Covered Issuer Costs, and Covered Issuer and Merchant Fraud Losses Related to Debit Card Transactions.
Approved: December 19, 2025
Prepaid Card Reports -- annual report to Congress on government-administered, general-use prepaid cards for calendar year 2024 and revised report for calendar-year 2023.*
Approved: December 12, 2025
*Addition
Reserve Bank Payment Account Prototype -- request for information and comment.
Approved: December 17, 2025