Board Votes 2019

Date Action Votes for Votes against Abstentions Category
12/13/2019

Federal Reserve Board announces approval of application by First Citizens BancShares, Inc.

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

None

None

Banking Order
12/13/2019

Agencies find no deficiencies in resolution plans from the largest banks; find shortcomings for several firms*

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

None

None

Supervisory Matter
11/19/2019

Federal Reserve Board announces approval of application by BB&T Corporation to merge with SunTrust Banks

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

None

None

Banking Order
11/19/2019

Federal Reserve Board issues enforcement action with SunTrust Bank

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

None

None

Enforcement Action
11/18/2019

Federal bank regulatory agencies finalize rule to update calculation of counterparty credit risk for derivative contracts

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

None

None

Final Rule
11/15/2019

Agencies finalize changes to supplementary leverage ratio as required by Economic Growth, Regulatory Relief, and Consumer Protection Act

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

None

None

Final Rule
11/15/2019

Federal bank regulatory agencies issue final rule on treatment of high volatility commercial real estate

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

None

None

Final Rule
11/4/2019

Federal Reserve Board invites public comment on proposal to extend by 18 months initial compliance dates for foreign banks subject to its single-counterparty credit limit rule

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

None

None

Proposed Rule
10/15/2019

Agencies propose rule to amend swap margin rules

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

 

Governor Brainard
Statement

None

Proposed Rule
10/11/2019

Federal Reserve Board announces approval of application by Magnolia Banking Corporation

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

None

None

Banking Order
10/10/2019

Federal Reserve Board finalizes rule tailoring its enhanced prudential standards for domestic and foreign banks

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

Governor Brainard
Statement

None

Final Rule
10/10/2019

Federal Reserve Board finalizes rule tailoring resolution plan requirements for domestic and foreign banks

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

Governor Brainard
Statement

None

Final Rule
10/10/2019

Federal Reserve Board invites public comment on rule modifying supervisory fees for large banks

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

None

None

Proposed Rule
10/10/2019

Agencies finalize changes to resolution plan requirements; keeps requirements for largest firms and reduces requirements for smaller firms

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

Governor Brainard
Statement

None

Final Rule
10/7/2019

FDIC and Federal Reserve request information on use and impact of CAMELS ratings

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

None

None

Supervisory Matter
10/7/2019

Federal Reserve Board announces it is seeking to permanently bar former branch manager and vice president of Pacific Premier Bank from employment in banking industry

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

None

None

Enforcement Action
10/7/2019

Federal bank regulatory agencies issue final rule to simplify capital calculation for community banks

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

None

None

Final Rule
10/3/2019

Agencies finalize changes to simplify Volcker rule

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

Governor Brainard
Statement

None

Final Rule
9/25/2019

Agencies issue final rule to update management interlock rules

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

None

None

Final Rule
9/20/2019

Agencies issue final rule to exempt residential real estate transactions of $400,000 or less from appraisal requirements

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

None

None

Final Rule
9/10/2019

Federal Reserve Board announces approval of application by Vista Bank

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

None

None

Banking Order
9/5/2019

Federal Reserve Board announces approval of application by Hancock Whitney Corporation

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

None

None

Banking Order
9/3/2019

Federal Reserve Board invites public comment on proposal to establish capital requirements for certain insurance companies supervised by the Board

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

None

None

Proposed Rule
8/2/2019

Federal Reserve announces plan to develop a new round-the-clock real-time payment and settlement service to support faster payments

Chair Powell
Vice Chair Clarida
Governor Brainard
Governor Bowman

Vice Chair for Supervision Quarles

None

Board Action**
7/24/2019

Approval of a joint action to limit the informational requirements for the July 2020 resolution plans of Barclays, Credit Suisse, Deutsche Bank, and UBS to information about changes they made to their July 2018 plans to address shortcomings in those plans

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

None

None

Supervisory Matter
7/24/2019

Approval to move the resolution plan submission dates for 15 domestic large banking organizations and 82 foreign banking organizations to July 1, 2021

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

None

None

Supervisory Matter
7/22/2019

Approval of a joint determination to provide feedback to 82 foreign banking organizations regarding their December 2018 resolution plans

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

None

None

Supervisory Matter
7/15/2019

Federal Reserve Board announces approval of application by Chemical Financial Corporation

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

None

None

Banking Order
7/8/2019

Agencies propose rule on the capital treatment of land development loans

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

None

None

Proposed Rule
7/8/2019

Agencies adopt final rule to exclude community banks from the Volcker Rule

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

None

None

Final Rule
7/8/2019

Agencies simplify regulatory capital rules

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

None

None

Final Rule
7/2/2019

Federal Reserve Board announces it is seeking individuals to serve on its Insurance Policy Advisory Committee (IPAC)

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

None

None

Board Action**
6/27/2019

Federal Reserve Board announces approval of proposals by Texas Independent Bancshares, Inc. and Texas First Bank

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

None

None

Banking Order
6/20/2019

Federal Reserve Board announces approval of applications by Frost Bank

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

None

None

Banking Order
6/20/2019

Federal Reserve releases results of Comprehensive Capital Analysis and Review (CCAR)

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

None

None

Supervisory Matter
6/10/2019

Federal Reserve Board announces approval of application by Ameris Bancorp

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

None

None

Banking Order
5/24/2019

Federal Reserve Board requests public comment on technical updates to its Freedom of Information Act procedures and on changes to its rules governing the disclosure of confidential supervisory information

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

None

None

Proposed Rule
5/23/2019

Agencies issue final rule regarding the treatment of certain municipal obligations as high-quality liquid assets

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

None

None

Final Rule
5/7/2019

Federal Reserve approves final rule to repeal regulations that incorporated the Secure and Fair Enforcement for Mortgage Licensing Act

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

None

None

Final Rule
5/7/2019

Federal Reserve requests comment on potential modifications to operating hours for the Reserve Banks' National Settlement Service and Fedwire Funds Service

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

None

None

Board Action**
4/23/2019

Federal Reserve Board invites public comment on proposal to simplify and increase the transparency of rules for determining control of a banking organization

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

None

None

Proposed Rule
4/11/2019

Agencies seek comment on revisions to the supplementary leverage ratio as required by Economic Growth, Regulatory Relief, and Consumer Protection Act

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

None

None

Proposed Rule
4/9/2019

Federal Reserve fines UniCredit $158 million for firm's unsafe and unsound practices related to inadequate sanctions controls and supervision of subsidiary banks

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

None

None

Enforcement Action
4/8/2019

Federal Reserve Board fines Standard Chartered $164 million for firm's unsafe and unsound practices relating to inadequate sanctions controls and failure to disclose sanctions risks to the Federal Reserve

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

None

None

Enforcement Action
4/8/2019

Agencies invite comment on modifications to resolution plan requirements; proposal keeps existing requirements for largest firms and reduces requirements for firms with less risk

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

Governor Brainard

None

Proposed Rule
4/8/2019

Federal Reserve Board invites public comment on regulatory framework that would more closely match rules for foreign banks with the risks they pose to U.S. financial system

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

Governor Brainard

None

Proposed Rule
3/22/2019

Agencies propose rule to limit impact of large bank failures

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

None

None

Proposed Rule
3/22/2019

Federal Reserve Board announces approval of proposals by First Interstate Bank

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

None

None

Banking Order
3/21/2019

Agencies complete evaluation of 2017 resolution plans for 14 large domestic banks and issue expectations for 2019 resolution plans

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

None

None

Supervisory Matter
3/14/2019

Federal Reserve Board publishes report containing summary information on debit card transactions in 2017

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

None

None

Board Action**
3/13/2019

Agencies announce two public meetings on merger of BB&T and SunTrust; public comment period extended

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

None

None

Board Action**
3/11/2019

Federal Reserve Board announces approval of application by CenterState Bank Corporation

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

None

None

Banking Order
3/5/2019

Federal Reserve Board issues advance notice of proposed rulemaking seeking public comment on whether to amend Regulation D to lower certain interest rates paid on balances at Federal Reserve Banks

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

None

None

Advanced Proposed Rule**
3/5/2019

Federal Reserve Board announces it will limit the use of the "qualitative objection" in its Comprehensive Capital Analysis and Review (CCAR) exercise, effective for the 2019 cycle

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

Governor Brainard

None

Regulatory Matter
3/5/2019

Federal Reserve Board announces approval of proposals by Fifth Third Bancorp and Fifth Third Bank

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

None

Governor Brainard

Banking Order
3/5/2019

Federal Reserve Board votes to affirm the Countercyclical Capital Buffer (CCyB) at the current level of 0 percent

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

Governor Brainard

None

Supervisory Matter
2/27/2019

The Federal Reserve Board announces approval of application by WSFS Financial Corporation

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Banking Order
2/7/2019

Interagency final rule implements flood insurance reform provisions

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Final Rule
2/5/2019

Federal Reserve Board announces approval of applications by Regions Bank

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Banking Order
2/5/2019

Federal Reserve Board permanently bars former employee of J.P. Morgan Chase & Co. from the banking industry

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Enforcement Action
2/5/2019

Move less-complex bank holding companies to an extended stress test cycle for 2019

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Supervisory Matter
2/4/2019

Federal Reserve Board finalizes set of changes that will increase the transparency of its stress testing program for nation's largest and most complex banks

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Final Rule
1/23/2019

Federal Reserve Board announces approval of proposals by Equity Bank

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Banking Order
1/16/2019

Federal Reserve Board issues enforcement action with former Frost Bank employee

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Enforcement Action
1/10/2019

Federal Reserve Board announces approval of application by First Busey Corporation

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Banking Order
1/6/2019

Federal Reserve Board invites public comment on proposal that would modify company-run stress testing requirements to conform with Economic Growth, Regulatory Relief, and Consumer Protection Act

Chairman Powell
Vice Chairman Clarida
Vice Chairman for Supervision Quarles
Governor Brainard
Governor Bowman

None

None

Proposed Rule

*Vice Chairman for Supervision Quarles voluntarily recused himself from the decision on Wells Fargo to avoid even the potential appearance of a conflict of interest. See here for further information. Return to text

**On June 29, 2023, categories for Board votes from 2012 to 2022 were updated to standardize the categories.

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Last Update: June 29, 2023