Bankowość centralna · 07/02/2023
Federal Reserve Board Issues Policy Statement on Section 9(13) of the Federal Reserve Act
The Federal Reserve Board is issuing a policy statement clarifying its approach to state member banks' activities under Section 9(13) of the Federal Reserve Act. The statement sets a rebuttable presumption that the Fed will limit state banks' principal activities to those permissible for national banks, subject to federal regulations and statutes.