Search Results for citation:"90 FR 13861"

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Search Results: citation:"90 FR 13861"

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  • 2025-05231 — Proposed Agency Information Collection Activities; Comment Request
    Type:Notice
    Citation:90 FR 13861
    Reading Time:about 4 minutes

    The Board of Governors of the Federal Reserve System is seeking public feedback on a proposal to extend and revise an information collection initiative, identified as FR 2046. This initiative tracks certain financial data from organizations that borrow from the Federal Reserve's discount window. The proposed revision would eliminate the reporting exemption for some seasonal credit borrowers. The Board is interested in comments on the necessity, accuracy, and impact of this data collection, and submissions should be made by May 27, 2025.

    Simple Explanation

    The Federal Reserve wants to hear what people think about their plan to keep asking certain banks and lenders for financial information when they borrow money. They also want to stop letting some of these lenders skip reporting. They're looking for feedback until the end of May 2025.

  • 2025-05236 — Proposed Agency Information Collection Activities; Comment Request
    Type:Notice
    Citation:90 FR 13861
    Reading Time:about 4 minutes

    The Board of Governors of the Federal Reserve System is asking the public to comment on a plan to extend, for three more years, the time allowed for holding on to assets gained in settling past debts. This process, identified as FR 4006, requires bank holding companies to seek approval to keep such assets for more than two years. Comments on this proposal must be submitted by May 27, 2025, and can be submitted through the Federal Reserve's website or by other methods like mail or email. The Board will consider feedback to decide if any changes to this proposal are necessary.

    Simple Explanation

    The Federal Reserve wants to know what people think about letting banks hold on to certain things they get when people can’t pay their debts for three more years. They’re asking for comments and will listen to ideas on how to make this plan better or if any changes are needed.