Observations
May 20, 2025According to the Wall Street Journal, Michelle Bowman, who has been nominated to serve as the US Federal Reserve's next Vice Chair for Supervision, plans to review and potentially revise its approach to assigning ratings to large banks.
Observations
Feb 11, 2025The US Federal Reserve has lifted two consent orders imposed on Wells Fargo in 2011 in response to deficiencies in its mortgage servicing, foreclosures, and lending practices, as reported by Reuters.
