Board Votes 2019

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below.

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.

Last Update: June 29, 2023