All Federal Reserve Bank articles

  • Blog post

    Does your board have a compliance expert?


    The Federal Reserve Bank this month assessed a penalty against Wells Fargo for the bank’s widespread customer abuse from its fraudulent accounts scandal, other regulatory violations, and lack of response by the bank’s doard of directors to these problems and other risk management issues.

  • Blog post

    Powell takes charge as Fed’s chairman of the Board of Governors


    On Feb. 5, Jerome H. Powell took the oath of office as chairman of the Board of Governors of the Federal Reserve System, succeeding Janet L. Yellen. His term as chairman is four years.

  • Blog post

    The JPMorgan FCPA settlement and the Fed


    The recent JPMorgan Chase FCPA settlement resulted in $264 million in fines, with a portion being paid to the U.S. Federal Reserve Bank. While some contend a Fed fine should not be considered FCPA, Tom Fox says: If it walks like a duck and quacks like a duck, it is ...