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Finance & markets · 22/12/2025Updated: 10/17/2026 · 1 min read

Federal Reserve Board Rescinds Policy Statement on Section 9(13) of the Federal Reserve Act

Summary

The Federal Reserve Board is rescinding its 2023 policy statement on section 9(13) of the Federal Reserve Act, which previously set out a presumption for exercising authority under that provision, and replacing it with a new policy statement designed to facilitate innovation in state member banks while maintaining bank safety and soundness and U.S. financial stability.

Original source language: Federal Register — Federal ReserveOpen original release →

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Finance & markets · 7/9/2026

Federal Reserve Board Approves Data Collection Proposal for Finance Companies

The Board of Governors of the Federal Reserve System is adopting a proposal to collect data from finance companies and lenders for three years, with revisions, as part of the Census of Finance Companies and Other Lenders and Survey of Finance Companies. This proposal has been approved by the Board under delegated authority and will be submitted to the Office of Management and Budget (OMB).

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Finance & markets · 9/14/2026

Office of the Comptroller of the Currency, Federal Reserve Board, and Federal Deposit Insurance Corporation Jointly Issue Interim Final Rule on Examination Cycle for Small Insured Depository Institutions and Foreign Banks

The OCC, Board, and FDIC are jointly requesting public comment on an interim final rule that raises the asset threshold for certain small insured depository institutions to qualify for an 18-month on-site examination cycle, and makes parallel changes to the regulations governing the on-site examination cycle for U.S. branches and agencies of foreign banks, consistent with the International Banking Act of 1978.

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