The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.
Federal Open Market Committee
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Review of Monetary Policy Strategy, Tools, and Communications
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Micro Data Reference Manual (MDRM)
Money Stock and Reserve Balances
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Regulations
Supervision & Enforcement
Community Development
Research & Analysis
Consumer Resources
On April 17, 2020, the Board issued an interim final rule [R-1714] to except certain loans made by June 30, 2020, that are guaranteed under the Small Business Administration's Paycheck Protection Program from the requirements of section 22(h) of the Federal Reserve Act and the corresponding provisions of the Board's Regulation O. The Board is issuing this interim final rule to expand the exception to apply to PPP loans made through August 8, 2020.
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