BNET Business Dictionary

Business Definition for: Federal Reserve Board

  • a body of seven governors appointed by Congress on the nomination of the President that supervises the U.S. Federal Reserve System and formulates monetary policy. Appointees to the Board of Governors serve for 14 years.
  • Abbr. FRB

Additional Resources

Federal Reserve Board rejects Citicorp petition. (Delaware's insurance powers of banks)
Federal Reserve Board Rejects Citicorp Petition WASHINGTON - The Federal Reserve Board has rejected a petition by Citicorp to temporarily set aside its ruling nullifying a Delaware law which expanded the insurance powers of banks. The Board said tFederal Reserve Board Rejects...
Tags: bank, board, Citicorp, DELAWARE, Federal Reserve Board, insurance, stay
Research articles 1990-10-01
Soft spot: Fed OKs commodities. (U.S. Federal Reserve Board) (TrendLines)
Bank of Montreal subsidiary Harris Futures Corp. was allowed by the US Federal Reserve Board to trade non-financial commodities in US exchanges. The trading of such commodities was previously restricted by the Federal Reserve Board because its scope was cBank of Montreal subsidiary Harris Futures Corp. was allowed by the...
Tags: Federal Reserve Board
Research articles 1993-11-01
Fed Reserve Cuts Rates.(Federal Reserve Board cut its bench mark federal funds target)(Brief Article)
The Federal Reserve Board cut its bench mark federal funds target to 2 percent from 2.5 percent and in a related action, approved a 50 basis point reduction in the discount rate to 1.5 percent. The board said "heightened uncertainty and ... The Federal...
Tags: Federal Reserve Board
Research articles 2001-11-12
Meyer leaves post on Federal Reserve Board
Meyer leaves post on Federal Reserve Board Laurence H. Meyer resigned as a member of the Federal Reserve Board, effective Jan. 31, the last day of his term. Meyer has served on the Federal Reserve Board since 1996. "Larry Meyer has made a major contribution to the board's monetary policy,"...
Tags: board, Federal Reserve Board
Research articles 2002-02-01
Enforcement Actions And Terminations Of Previous Actions - Federal Reserve Board - Brief Article
The Federal Reserve Board on March 3, 2000, announced the issuance of a prompt corrective action directive against the New Century Bank, Southfield, Michigan. The Federal Reserve Board on March 9, 2000, announced the execution of a written agreement by and between Banco Popular de Puerto Rico, Hato Rey,...
Tags: bank, Federal Reserve Board, issuance, Mexico, termination
Research articles 2000-05-01
Federal Reserve Board.(Brief Article)(Statistical Data Included)
A consensus of Federal Reserve Board governors and bank presidents places real GDP growth between 2%-2.5% in 2001, according to recent Congressional testimony by Federal Reserve chairman Alan Green-span. While noting this implies a "substantia A consensus of Federal Reserve Board governors and bank...
Tags: Federal Reserve Board
Research articles 2001-03-08
Termination Of Enforcement Actions - Federal Reserve Board - Brief Article
First Utah Bancorp, First Utah Bank, Premier Data Corporation Salt Lake City, Utah The Federal Reserve Board announced on December 6, the termination of the provision that addressed Year 2001) readiness of the Written Agreement by and among First Utah Bancorp, the First Utah Bank, and Premier Data Corporation,...
Tags: Federal Reserve Board, termination, Utah
Research articles 2000-02-01
Express Personnel Services.(Robert A. Funk appointed by Federal Reserve Board)(Brief Article)
The Federal Reserve Board recently announced the appointment of Robert A. Funk, founder and CEO of Express Personnel Services, ... The Federal Reserve Board recently announced the appointment of Robert A. Funk, founder and CEO of Express Personnel Services, to the executive committee of the Conference...
Tags: Federal Reserve Board
Research articles 2006-02-01
Bies, Olson take seats on Federal Reserve Board
The oath of office was administered by Federal Reserve Board Chairman Alan Greenspan Dec. 7 to new board members Susan Schmidt Bies and Mark W. Olson. The official ceremonies were conducted this month. The oath of office was administered by Federal Reserve Board Chairman Alan Greenspan Dec. 7 to new...
Tags: Federal Reserve Board
Research articles 2002-01-01
NACM representatives meet with the Federal Reserve Board on the Equal Credit Opportunity Act.(Legislative Update)(National Association of Credit Management)(Column)
On September 9, 1999, representatives of NACM met with two senior legal officers representing the Board of Governors of the Federal Reserve Board in order to clarify issues surrounding the Equal Credit Opportunity Act ECOA and guaranties of spous On September 9, 1999, representatives...
Tags: credit management, Federal Reserve Board
Research articles 1999-10-01
Inflationary pressures start to diminish, but the Fed still hasn't figured that out. (U.S. Federal Reserve Board) (Column)
00-00-0000 THE FEDERAL RESERVE BOARD TIGHTENED interest rates again Feb. 1; it thought that inflation would otherwise have accelerated. But, truth be known, inflationary pressures are rapidly starting to abate. Apparently the Federal Open Market Com 00-00-0000 THE FEDERAL RESERVE BOARD TIGHTENED interest...
Tags: Federal Reserve Board, inflation
Research articles 1995-02-20
Fed steps in to clear up confusion in auto leasing. (Federal Reserve Board's implementation of Truth in Lending Act revisions)(Special Section: Wheels '98)
Seeking to steer automobile leasing in a less-confusing direction, the Federal Reserve Board has implemented revisions to the federal Truth in Lending Act. The changes to Regulation M, the provision governing automobile lease disclosure, are designed Seeking to steer automobile leasing in a less-confusing direction, ...
Tags: Federal Reserve Board, financing, lease, leasing, lessor
Research articles 1997-10-27
Fed up: tighter monetary policy could prove disastrous for housing and the overall economy. (Federal Reserve Board) (Seiders on Economy) (Column)
The Federal Reserve Board acts independently on monetary policy and this very independence may jeopardize the US's fledgling economic upturn. Chmn Alan Greenspan has said that the Board will move against inflation, but such a move is not necessary and mayThe Federal Reserve Board acts independently on monetary policy and...
Tags: Federal Reserve Board
Research articles 1993-09-01
Morgan Stanley Granted Federal Bank Holding Company Status By U.S. Federal Reserve Board of Governors
Provides Ongoing and Expanded Access to Federal Reserve Window and Other New Funding Opportunities NEW YORK -- Morgan Stanley today announced that its application to become a bank holding company was approved by the U.S. Federal Reserve Board of Governors. Morgan Stanley has elected to be deemed a financial...
Tags: bank, Federal Reserve Board, Morgan Stanley
Research articles 2008-09-22
Final Enforcement Orders Issued By The Board Of Governors - Federal Reserve Board - Brief Article
Robert and Adele Barber Cooper City, Florida The Federal Reserve Board announced on November 16, 1999, the issuance of a consent Order against Robert and Adele Barber, both institution- affiliated parties of the First Western Bank, Cooper City, Florida, a state member bank. Matthew J. Callahan Cooper City,...
Tags: board, Cooper, Federal Reserve Board
Research articles 2000-01-01
Goodbye To Gradualism.(Federal Reserve Board economic policy)(Brief Article)
After nearly a year of small increases in shortterm U.S. interest rates-- a decidedly gradual 25 basis points at a time-- the Federal Reserve Board is likely to take a giant step this week. Look for Chairman Alan Greenspan and his Federal Open Market After nearly...
Tags: Federal Reserve Board
Research articles 2000-05-15
FEDERAL RESERVE BOARD: Host state loan-to-deposit ratios.
M2 PRESSWIRE-14 August 1998-FEDERAL RESERVE BOARD: Host state loan-to-deposit ratios C1994-98 M2 COMMUNICATIONS LTD RDATE:130898 The Federal Reserve Board, along with the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation, today issued the host state loan-to-deposit...
Tags: bank, Banking, Federal Deposit Insurance Corporation, Federal Reserve Board
Research articles 1998-08-14
Pulaski Financial CEO Joins Federal Reserve Board Advisory Council
Pulaski Financial Corp. (NASDAQ: PULB) announced that William A. Donius, President and CEO, has accepted an invitation to join the Federal Reserve Board's Thrift Institutions Advisory Council. Established in 1980 by the Board of Governors, the 12-member council provides information and views from the banking sector to the Federal...
Tags: Banking, board, council, E-mail, Federal Reserve Board, Governor
Research articles 2008-01-09
Federal Reserve Board and FDIC issue written agreement associated with the NorCrown Trust
The Federal Reserve Board and the Federal Deposit Insurance Corporation announced on February 25, 2005, the execution of a joint written agreement by and among the Federal Reserve Bank of New York and the Federal Deposit Insurance Corporation with David Bodner and Murray Huberfeld. The written agreement requires that Mr....
Tags: agreement, FDIC, Federal Deposit Insurance Corporation, Federal Reserve Board, joint
Research articles 2005-03-22
Federal Reserve announces policy changes.(Federal Reserve Board)(Brief article)
The Federal Reserve Board announced the approval of policy changes that seek to reduce the overuse of Federal Reserve Bank cash-processing services by providing incentives for depository institutions to recirculate currency among their customers. It is estimated the cash services policy could affect as many as...
Tags: Federal Reserve Board, SALES
Research articles 2006-05-01
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