Custody assets are off-balance sheet. They always have been.
In the rules before us, we are applying the discretion granted to us by the Economic Growth Regulatory Relief and Consum...
We believe strongly, and always have, in tailoring to address the different size and risk characteristics of financial i...
Yes, I do.
No, we don't borrow money. We don't shut down the Fed when we have negative income.
No, I think there are limits built into the law, which I don't have in front of me right now.
We always turn over all of our earnings in every year.
We are not and will not be a climate policymaker.
I just want to say I think my colleagues feel the same way on the Board, that we are going to guard that border carefull...
What FedNow will do is it will enable all of the banks, any bank in the United States, not just the big ones, to offer i...
Our independence is partly founded on the idea that we will stay out of stuff that you have not assigned us to do.