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
Supervision & Regulation Letters
Banking Applications & Legal Developments
Banking & Data Structure
Regulations & Statutes
Reserve Bank Payment Services & Data
Financial Market Utilities & Infrastructures
Research, Committees, and Forums
Working Papers and Notes
Models and Tools
Bank Assets and Liabilities
Bank Structure Data
Dealer Financing Terms
Exchange Rates and International Data
Money Stock and Reserve Balances
Supervision & Enforcement
Research & Analysis
Proposed amendments to the Consumer Leasing Act (CLA) by increasing the threshold for exempt consumer leases from $25,000 to $50,000. In addition, the Dodd-Frank Act provides that, on or after December 31, 2011, this threshold must be adjusted annually by any annual percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers. Accordingly, the Board is proposing to make corresponding amendments to Regulation M, which implements the CLA, and to the accompanying staff commentary.
Displaying 1 to 2 of 2 records.