news report
GAO Says Bank Regulators Cannot Show Their Decennial Rule Reviews Work
The Federal Reserve, FDIC and OCC lack documented procedures and cannot clearly connect long-cycle paperwork reviews to later regulatory changes, the watchdog found.
topics
Federal Reserve
news report
251 Main Street Loans Remained Past Maturity
GAO found the Federal Reserve program still held 251 loans beyond their initial maturity dates as of Jan. 5, 2026.