Board Votes 2022

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

Board Votes 2022

Date	Action	Votes for	Votes against	Abstentions	Category
12/19/2022	Federal Reserve Board announces approval of application by United Community Banks, Inc.	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Banking Order
12/15/2022	Federal Reserve Board announces approval of application by Brookline Bancorp, Inc.	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Banking Order
12/14/2022	Federal Reserve Board adopts final rule that implements Adjustable Interest Rate (LIBOR) Act by identifying benchmark rates based on SOFR (Secured Overnight Financing Rate) that will replace LIBOR in certain financial contracts after June 30, 2023	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Final Rule
12/12/2022	Agencies announce results of resolution plan review for certain domestic and foreign banks	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Supervisory Matter
12/2/2022	Federal Reserve Board invites public comment on proposed principles providing a high-level framework for the safe and sound management of exposures to climate-related financial risks for large banking organizations	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Statement by Governor Bowman	Governor Waller Statement by Governor Waller	None	Proposed Guidance
12/1/2022	Federal Reserve Board announces approval of application by Farmers National Banc Corp.	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Banking Order
11/29/2022	Federal Reserve Board finalizes clarifying and technical updates to its policy governing the provision of intraday credit to healthy depository institutions with accounts at the Federal Reserve Banks	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Final Guidance
11/16/2022	Agencies announce results of resolution plan review for largest and most complex domestic banks	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Supervisory Matter
11/4/2022	Federal Reserve Board invites public comment on a proposal to publish a periodic list of depository institutions that have access to Federal Reserve accounts—often referred to as “master accounts”— and payment services	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Board Action****
11/2/2022	Federal Reserve Board announces pricing, effective January 3, 2023, for payment services the Federal Reserve Banks provide to depository institutions, such as the clearing of checks, ACH transactions, and wholesale payment and settlement services	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Board Action****
10/13/2022	Board announced its approval of the application by U.S. Bancorp	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller Statement by Governor Bowman	None	None	Banking Order
10/13/2022	Federal Reserve Board invites public comment on an advance notice of proposed rulemaking to enhance regulators’ ability to resolve large banks in an orderly way should they fail	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller Statement by Vice Chair Brainard Statement by Governor Bowman Statement by Governor Waller	None	None	Advanced Proposed Rule****
10/3/2022	Federal Reserve Board finalizes updates to the Board’s rule concerning debit card transactions	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Cook Governor Jefferson Governor Waller	Governor Bowman Statement by Governor Bowman	None	Final Rule
9/29/2022	Agencies announce forthcoming resolution plan guidance for large banks and deliver feedback on resolution plan of Truist Financial Corporation	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Supervisory Matter
9/29/2022	Federal Reserve Board announces approval of application by Columbia Banking System, Inc.	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Banking Order
9/26/2022	Federal Reserve Board finalizes supervisory framework for insurance organizations that are overseen by the Board	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Final Guidance
9/23/2022	Federal Reserve Board invites comment on updates to operational risk-management requirements for certain systemically important financial market utilities (FMUs) supervised by the Board	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Proposed Rule
9/13/2022	Federal Reserve Board announces approval of application by CBTX, Inc.	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Banking Order
9/6/2022	Federal Reserve Board invites comment on updates to its existing guidance on commercial real estate loan accommodations for borrowers	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Proposed Guidance
8/15/2022	Federal Reserve Board announces it has fined EagleBank $9.5 million for violation of the Board's insider lending regulation and has permanently barred its former CEO and chairman from the banking industry	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Enforcement Action
8/15/2022	Federal Reserve Board announces final guidelines that establish a transparent, risk-based, and consistent set of factors for Reserve Banks to use in reviewing requests to access Federal Reserve accounts and payment services	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller Statement by Governor Bowman	None	None	Final Guidance
8/3/2022	Federal Reserve Board announces the individual capital requirements for all large banks, effective on October 1	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Supervisory Matter
7/15/2022	Federal Reserve Board invites comment on proposal that provides default rules for certain contracts that use the LIBOR reference rate, which will be discontinued next year	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Proposed Rule
6/30/2022	Federal Reserve Board announces approval of application by Benchmark Community Bank	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Banking Order
6/30/2022	Federal Reserve and FDIC extend deadline for U.S. GSIB resolution plan feedback	Chair Powell Vice Chair Brainard Governor Cook Governor Jefferson	Governor Bowman Governor Waller Statement by Governor Bowman Statement by Governor Waller	None	Supervisory Matter
6/18/2022	Federal Reserve Board announces approval of application by Bank First Corporation	Chair Powell Vice Chair Brainard Vice Chair for Supervision Barr Governor Bowman Governor Cook Governor Jefferson Governor Waller	None	None	Banking Order
6/3/2022	Federal Reserve Board announces approval of application by United Texas Bank	Chair Powell Vice Chair Brainard Governor Bowman Governor Jefferson Governor Waller	None	Governor Cook	Banking Order
5/23/2022	Federal Reserve Board announces approval of application by Alerus Financial Corporation	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
5/21/2022	Federal Reserve Board announces approval of application by MidWestOne Financial Group, Inc.	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
5/16/2022	Federal Reserve Board finalizes rule that governs funds transfers over the Federal Reserve Banks' FedNow Service	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Final Rule
5/16/2022	Agencies announce public meeting on proposed Bank of Montreal acquisition of BancWest Holding Inc. and Bank of the West; public comment period extended	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
5/16/2022	Agencies announce public meeting on proposed acquisition by The Toronto-Dominion Bank of First Horizon Corporation; public comment period extended	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
5/11/2022	Federal Reserve Board announces approval of application by Texas State Bankshares, Inc. and approval of applications by Texas Regional Bank	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
5/4/2022	Agencies issue joint proposal to strengthen and modernize Community Reinvestment Act Regulations	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller Statement by Governor Brainard Statement by Governor Bowman	None	None	Proposed Rule
4/28/2022	Federal Reserve Board announces approval of application by First Internet Bancorp	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
4/20/2022	Agencies release revised interagency questions and answers regarding flood insurance	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Final Guidance***
3/21/2022	Federal Reserve Board announces approval of application by Citizens Financial Group, Inc.	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
3/1/2022	Federal Reserve Board announces approval of application by TriCo Bancshares	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
3/1/2022	Federal Reserve Board announces approval of application by M&T Bank Corporation and recalculation of the firm’s stress capital buffer requirement	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
3/1/2022	Federal Reserve Board announces approval of application by A.N.B. Holding Company, Ltd.	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
2/28/2022	Federal Reserve Board invites public comment on supplement to its May 2021 proposal	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Proposed Guidance
2/22/2022	Federal Reserve Board announces approval of application by Home BancShares, Inc.	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
2/18/2022	Federal Reserve Board announces $20.4 million penalty against the National Bank of Pakistan, a foreign bank operating in the United States and headquartered in Pakistan, for anti-money laundering violations	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Enforcement Action
2/16/2022	Federal Reserve Board announces approval of application by Stock Yards Bancorp, Inc.	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
2/11/2022	Federal Reserve Board invites comment on interagency proposal to update policies and procedures governing administrative proceedings for supervised financial institutions	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Proposed Rule
2/11/2022	Federal Reserve Board announces approval of application by South State Corporation	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
2/11/2022	Federal Reserve Board announces approval of application by Origin Bank	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
2/11/2022	Federal Reserve Board announces approval of application by Susser Bank	Chair Pro Tempore Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
2/4/2022	Agencies announce public meeting on proposed U.S. Bancorp Acquisition of MUFG Union Bank, National Association; public comment period extended	Chair Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
2/4/2022	Federal Reserve Board names Jerome H. Powell as Chair Pro Tempore, pending Senate confirmation to a second term as Chair of the Board of Governors	Governor Brainard Governor Bowman Governor Waller	None	Chair Powell**	Board Action
1/26/2022	Federal Reserve Board announces approval of application by Old National Bancorp	Chair Powell Governor Brainard Governor Bowman Governor Waller	None	None	Banking Order
1/26/2022	Federal Reserve Board invites public comment on proposed guidance to implement a framework for the supervision of certain insurance organizations overseen by the Board	Chair Powell Vice Chair Clarida* Governor Brainard Governor Bowman Governor Waller	None	None	Proposed Guidance****

*Vote cast prior to the conclusion of his service as governor on January 14, 2022.

**Chair Powell voluntarily recused himself from the decision to appoint a Chair Pro Tempore to avoid even the potential appearance of a conflict of interest.

***On May 12, 2022, the vote category was updated to "Final Guidance".

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

Last Update: June 29, 2023