press releases · May 16, 2024
Press Release
May 17, 2024
Federal Reserve Board announces its denial of two rulemaking petitions due to legal and policy considerations
For release at 2:30 p.m. EDT
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The Federal Reserve Board on Friday announced its denial of two rulemaking petitions due to legal and policy considerations. The first petition asked the Board to develop a framework requiring Board-supervised firms to disclose promised financial commitments to certain corporate initiatives, and the second asked for revisions to the Uniform Financial Institution Rating System framework and adjustments to the framework for financial holding company eligibility.
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Attachment 1 (PDF)
Attachment 2 (PDF)
Statement by Governor Bowman
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APA
Federal Reserve (2024, May 16). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20240517_federal_reserve_board_announces_its_denial_of_two
BibTeX
@misc{wtfs_press_release_20240517_federal_reserve_board_announces_its_denial_of_two,
author = {Federal Reserve},
title = {Press Release},
year = {2024},
month = {May},
howpublished = {Press Releases, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/press_release_20240517_federal_reserve_board_announces_its_denial_of_two},
note = {Retrieved via When the Fed Speaks corpus}
}