Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Board Actions PDF
Actions taken during the week ending May 16, 2026
Enforcement
UBS Group AG and Credit Suisse AG, both of Zurich, Switzerland, and Credit Suisse Holdings (USA), Inc., and Credit Suisse AG, New York Branch, both of New York, New York -- cease-and-desist order dated July 21, 2023, terminated May 12, 2026.
Announced: May 15, 2026
Personnel
Chair Pro Tempore -- Jerome H. Powell as chair pro tempore until Kevin M. Warsh is sworn in as the new chair.
Approved: May 15, 2026
Savings and Loan Holding Companies
Stephen M. Calk 2025 Trust, Houston, Texas -- approval to become a savings and loan holding company by acquiring National Bancorp Holdings, Inc., and thereby indirectly acquiring The Federal Savings Bank, both of Chicago, Illinois.
Announced: May 15, 2026
Last Update: May 21, 2026