The following reflects the voting record in 2021 of the Board of Governors of the Federal Reserve System on proposed and final regulations, including implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act; as well as banking applications, enforcement actions, and supervisory matters that the Board has acted on.

Date Action Votes for Votes against Abstentions Category
8/16/2021

Federal Reserve Board announces approval of application by SmartFinancial, Inc.

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
8/5/2021

Federal Reserve Board announces the individual capital requirements for all large banks, effective on October 1

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Supervisory Matter
7/9/2021

Federal Reserve Board announces approval of application by First Bank Corp.

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
7/4/2021

Agencies request comment on proposed risk management guidance for third-party relationships

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Proposed Guidance
6/25/2021

Federal Reserve Board announces it will extend for a final time its Paycheck Protection Program Liquidity Facility, or PPPLF, by an additional month to July 30, 2021

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Board Action
6/21/2021

Federal Reserve Board releases results of annual bank stress tests, which show that large banks continue to have strong capital levels and could continue lending to households and businesses during a severe recession

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Supervisory Matter
6/9/2021

Federal Reserve Board announces approval of the application by SVB Financial Group

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
5/28/2021

Federal Reserve Board invites public comment on proposed rule to govern funds transfers over the Federal Reserve Banks' FedNow Service

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Proposed Rule
5/28/2021

Federal Reserve Board issues final rule amending Regulation D with regard to interest on reserve balances

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Final Rule
5/26/2021

Federal Reserve Board invites public comment on proposed changes to its Policy on Payment System Risk that governs the provision of intraday credit

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Request for Comment
5/24/2021

Federal Reserve Board announces approval of application by Huntington Bancshares Incorporated

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
5/14/2021

Federal Reserve Board announces approval of applications by The PNC Financial Services Group, Inc. and PNC Bancorp, Inc.

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Bowman
Governor Waller

Statement

None

Governor Brainard

Statement

Banking Order
5/7/2021

Federal Reserve Board announces the third extension of a rule to bolster the effectiveness of the Small Business Administration's Paycheck Protection Program (PPP)

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Interim final rule
5/6/2021

Federal Reserve Board invites public comment on proposed changes to Regulation II regarding network availability for card-not-present debit card transactions and publishes a biennial report containing summary information on debit card transactions in 2019

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Proposed Rule
5/4/2021

Federal Reserve Board invites public comment on proposed guidelines to evaluate requests for accounts and payment services at Federal Reserve Banks

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Proposed Guidance
4/20/2021

Federal Reserve Board issues enforcement actions with former employee of Barclays Bank PLC

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Enforcement Action
4/20/2021

Agencies invite comment on proposed rule for income tax allocation agreements

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Proposed Rule
4/9/2021

Federal Reserve announces approval of application by VeraBank, Inc.

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
3/29/2021

Agencies issue statement and request for information on Bank Secrecy Act/anti-money laundering compliance

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Request for Information
3/25/2021

Federal Reserve Board adopts final rule outlining and confirming the use of supervisory guidance for regulated institutions

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Final Rule
3/25/2021

Federal Reserve announces temporary and additional restrictions on bank holding company dividends and share repurchases currently in place will end for most firms after June 30, based on results from upcoming stress test

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Supervisory Matter
3/23/2021

Federal Reserve Board issues enforcement action with institution-affiliated parties of Farmers State Bank

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Enforcement Action
3/23/2021

Agencies seek wide range of views on financial institutions' use of artificial intelligence

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Request for Information and Comment
3/9/2021

Federal bank regulators issue rule supporting Treasury's investments in minority depository institutions and community development financial institutions

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Interim Final Rule
3/4/2021

Federal Reserve Board announces it will extend its Paycheck Protection Program Liquidity Facility, or PPPLF, by three months to June 30, 2021

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Board Action
2/19/2021

Agencies release proposed new interagency questions and answers regarding private flood insurance

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Notice and Request for Comment*
2/16/2021

Federal Reserve Board announces final rule intended to reduce risk and increase efficiency in the financial system by applying netting protections to a broader range of financial institutions

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Final Rule
2/5/2021

Federal Reserve Board announces the second extension of a rule to bolster the effectiveness of the Small Business Administration's Paycheck Protection Program (PPP)

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Board Action
2/5/2021

Federal Reserve Board announces approval of application by Simmons Bank

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
2/5/2021

Federal Reserve Board announces approval of application by Regions Bank

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
1/16/2021

Federal Reserve Board finalizes a rule that updates the Board's capital planning requirements to be consistent with other Board rules that were recently modified

Chair Powell
Vice Chair Clarida
Vice Chair for Supervision Quarles
Governor Brainard
Governor Bowman
Governor Waller

None

None

Final Rule

*On March 22, 2021, the vote category was updated.

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Last Update: January 02, 2019