News & EventsLast update: March 1, 2010

Latest News

February 1, 2010 — The Federal Reserve has launched a website to help new bank directors learn how they can work to ensure the safety and soundness of their institutions. The website, BankDirectorsDesktop.org, also provides a refresher course for experienced board members. See the press release.
November 13, 2009 — Federal Regulators Reopen Comment Period for Correspondent Concentration Risks Guidance: The federal bank and thrift regulatory agencies announce today they are reopening the comment period on proposed guidance on correspondent concentration risks, originally published on September 25. The comment period will be open until November 27, 2009, an additional 30 days after the original comment period closed.
September 25, 2009 — Remarks by Chairman Bernanke at the Congressional Black Caucus Foundation's Annual Legislative Conference, Washington, D.C.
September 1, 2009 — The Federal Reserve Bank of New York today named four non-primary dealer broker-dealers as agents for the Term Asset-Backed Securities Loan Facility (TALF). See the press release.
August 4, 2009 — Testimony by Governor Tarullo on bank supervision before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C.
June 30, 2009 — The federal bank, thrift, and credit union regulatory agencies are seeking comment on the proposed Interagency Guidance on Funding and Liquidity Risk Management. See the press release.

Regulatory Updates

February 12, 2010 (Board of Governors) — Interagency Statement on Meeting the Needs of Creditworthy Small Businesses
January 29, 2010 (U.S. Government Accountability Office) — New Markets Tax Credit: The Credit Helps Fund a Variety of Projects in Low-Income Communities But Could Be Simplified. GAO-10-334.
June 1, 2009 (U.S. Government Accountability Office) — GAO Report on New Market Tax Credits and Minority Entities

Upcoming Events

2010 National Interagency Community Reinvestment Conference

March 14-18, 2010, New Orleans, Louisiana

This event will feature CRA examination training, innovations in community development investing, creative strategies for community development, the National Community Development Lending School, community tours, and volunteer opportunities. More information about this event, including the agenda, can be found at http://www.frbsf.org/community/conference2010.html.