FRB: H.2--Board Actions--Week ending March 21, 2020

Commercial Paper Funding Facility (CPFF) -- establishment of the CPFF to support the flow of credit to households and businesses.
-Approved, March 17, 2020

Discount Window -- interagency statement encouraging banks to use the Federal Reserve's discount window to support the smooth flow of credit to households and businesses.
-Announced, March 16, 2020

Liquidity and Market Functioning -- expansion of program to support the flow of credit to the economy and enhance the liquidity and functioning of state and municipal money markets.
-Approved, March 20, 2020

Money Market Mutual Fund Liquid Facility (MMLF) -- establishment of the MMLF to broaden support for the flow of credit to households and businesses.
-Approved, March 18, 2020

Primary Dealer Credit Facility (PDCF) -- establishment of the PDCF to support the credit needs of households and businesses.
-Approved, March 17, 2020

Legal Division -- appointment of Charles Gray as senior associate general counsel and chief of staff.
-Approved, March 19, 2020

Money Market Mutual Fund Liquidity Facility (MMLF) -- interagency interim final rule with request for comment to allow banking organizations to neutralize the regulatory capital effects of participating in the MMLF.
-Approved, March 19, 2020

Regulation YY (Enhanced Prudential Standards) -- interim final rule with request for comment to revise the definition of "eligible retained income" for purposes of the Board's total loss-absorbing capacity (TLAC) rule.
-Approved, March 21, 2020

Regulatory Capital Rule -- interagency interim final rule with request for comment to revise the definition of "eligible retained income" for banking organizations subject to the agencies' capital rule.
-Approved, March 17, 2020

Section 23A and Regulation W -- policy to provide exemptions from section 23A of the Federal Reserve Act and the Board's Regulation W to permit member banks to purchase certain assets from their affiliated money market mutual funds.
-Approved, March 17, 2020

Section 23A and Regulation W -- policy to provide exemptions from section 23A of the Federal Reserve Act and the Board's Regulation W to permit member banks to purchase certain assets from their affiliated broker-dealers.
-Approved, March 18, 2020

Board Actions

Actions taken during the week ending March 21, 2020

Monetary and Financial Policy

Personnel

Regulations and Policies