Board Actions

Actions taken during the week ending July 18, 2020

Monetary and Financial Policy

Main Street Lending Program -- establishment of the Nonprofit Organization New Loan Facility and Nonprofit Organization Expanded Loan Facility.
-Approved, July 13, 2020

Regulations and Policies

Regulation O (Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks) -- interim final rule with request for comment to extend a rule change to bolster the effectiveness of the Small Business Administration's Paycheck Protection Program.
-Approved, July 12, 2020