Federal Reserve Board: H.2 Release for Week Ending April 1, 2017; H.4.1 Release (Balance Sheet) for Week Ending April 6, 2017; Two “Of Note” Items


Of Note:

Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, who was going to retire in October 2017, resigned April 3, 2017 as a result of admitting that he confirmed confidential Federal Open Market Committee (FOMC) information to a Medley Global Advisors employee.

Additionally, Lacker was also in the laughter-filled FOMC meeting when the discussion involved talk of the unemployed people of the United States of America.

The blog posted an article on 2017 Report to the Congress on the Office of Minority and Women Inclusion.

Summary:  Long report, short on actual disclosure at what the Board is doing.


The Federal Reserve Board (Board) publishes a weekly digest of its activities on its website. The digest is called the H.2 Release and is published every Thursday. The release for the week ending April 1, 2017, is below.

H.2 Release–Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received

Category Action Taken
Forms Forms — initial Board review to extend without revision the Recordkeeping and Disclosure Requirements Associated with Regulation R (FR 4025).

-Proposed, March 27, 2017

Enforcement HCSB Financial Corporation, Loris, South Carolina — written agreement issued May 9, 2011, terminated March 21, 2017.

-Announced, March 23, 2017

Santander Holdings USA, Inc., Boston, Massachusetts; and Santander Consumer USA Inc., Dallas, Texas — written agreement with the Federal Reserve Bank of Boston.

-Announced, March 23, 2017

Federal Reserve Board: Balance Sheet (H.4.1 Release)

The Board publishes data of factors affecting reserve balances. The digest is called the H.4.1 Release, and they are published every Thursday (or the next business day if the publication date falls on a federal holiday). The release for April 6, 2017, is below.

[Note: The blog will cover the line titled “Total Factors Supplying Reserve Funds.”]

H.4.1 Release–Factors Affecting Reserve Balances

Total factors supplying reserve funds (as of April 5, 2017):  $4,520,794 (in millions of dollars). (On September 26, 2007, this amount was $900,473 (in millions of dollars)).

(See the release for further information.)

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