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 February 1, 2020, is below.
H.2 Release–Action 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 Notification of Nonfinancial Data Processing Activities (FR 4021); final Board review to extend with revision the Intermittent Survey of Businesses (FR 1374); and final Board review to extend without revision the Filings Related to the Gramm-Leach-Bliley Act (FR 4010, FR 4011, FR 4012, FR 4017, FR 4019, and FR 4023). -Approved, January 29, 2020 |
| Personnel | Division of Financial Management — appointment of Thomas Murphy as deputy associate director. -Approved, January 17, 2020 (A/C) |
| Regulations and Policies | Volcker Rule, and Determination of Control Over Banking Organizations — (1) publication for comment of a notice of proposed rulemaking to clarify and streamline the Volcker Rule’s “covered funds” restrictions, and (2) final rule to simplify and increase the transparency of rules for determining control of a banking organization. -Approved, January 30, 2020 |
| Enforcement | Alden State Bank, Alden, New York — consent order of assessment of a civil money penalty pursuant to the National Flood Insurance Act. -Announced, January 30, 2020 Farmers & Merchants Bank, Baldwyn, Mississippi — issuance of a final decision and an order of prohibition requiring restitution, and assessment of a civil money penalty against Carol Allen, a former institution-affiliated party. -Approved, January 29, 2020 The Goldman Sachs Group, Inc., New York, New York — issuance of a consent order of prohibition against Andrea Vella, an institution-affiliated party of certain nonbank subsidiaries of The Goldman Sachs Group, Inc. -Approved, January 31, 2020 |
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 February 6, 2020, 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 February 6, 2019): $4,214,936 (in millions of dollars). (On September 26, 2007, this amount was $900,473 (in millions of dollars)).
(See the release for further information.)
A DC Observer 