The following reflects the voting record in 2022 of the Board of Governors of the Federal Reserve System on proposed and final regulations, including implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act; as well as banking applications, enforcement actions, and supervisory matters that the Board has acted on.

Date Action Votes for Votes against Abstentions Category
4/13/2023

Federal Reserve Board announces its approval for UBS Group AG to acquire the U.S. subsidiaries of Credit Suisse Group AG

Chair Powell
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Board Action
3/9/2023

Federal Reserve Board fines Wells Fargo $67.8 million for inadequate oversight of sanctions risk at its subsidiary bank

Chair Powell
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Enforcement Action
3/12/2023

Establishment of new 13(3) facility (Bank Term Funding Program)

Chair Powell
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Board Action
3/12/2023

Invoking systemic risk exception for Silicon Valley Bank and Signature Bank

Chair Powell
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Board Action
2/22/2023

Federal Reserve Board announces it has denied the request by Custodia Bank, Inc., for reconsideration of the Board's decision last month on its application to be supervised by the Federal Reserve

        

Chair Powell
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

Banking Order
1/27/2023

Federal Reserve Board announces denial of application by Custodia Bank, Inc. to become a member of the Federal Reserve System

        

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

Banking Order
1/27/2023

Federal Reserve Board issues policy statement to promote a level playing field for all banks with a federal supervisor, regardless of deposit insurance status

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Final Guidance
1/17/2023

Federal Reserve Board announces approval of application by Bank of Montreal and BMO Financial Corp.

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

Statement by Vice Chair Brainard

None

None

Banking Order
12/19/2022

Federal Reserve Board announces approval of application by United Community Banks, Inc.

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Banking Order
12/14/2022

Federal Reserve Board adopts final rule that implements Adjustable Interest Rate (LIBOR) Act by identifying benchmark rates based on SOFR (Secured Overnight Financing Rate) that will replace LIBOR in certain financial contracts after June 30, 2023

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Final Rule
12/12/2022

Agencies announce results of resolution plan review for certain domestic and foreign banks

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Supervisory Matter
12/15/2022

Federal Reserve Board announces approval of application by Brookline Bancorp, Inc.

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Banking Order
12/2/2022

Federal Reserve Board invites public comment on proposed principles providing a high-level framework for the safe and sound management of exposures to climate-related financial risks for large banking organizations

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson

Statement by Governor Bowman

Governor Waller

Statement by Governor Waller

None

Proposed Guidance
12/1/2022

Federal Reserve Board announces approval of application by Farmers National Banc Corp.

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Banking Order
11/29/2022

Federal Reserve Board finalizes clarifying and technical updates to its policy governing the provision of intraday credit to healthy depository institutions with accounts at the Federal Reserve Banks

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Final Guidance
11/16/2022

Agencies announce results of resolution plan review for largest and most complex domestic banks

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Supervisory Matter
11/4/2022

Federal Reserve Board invites public comment on a proposal to publish a periodic list of depository institutions that have access to Federal Reserve accounts—often referred to as “master accounts”— and payment services

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Proposed Rule
11/2/2022

Federal Reserve Board announces pricing, effective January 3, 2023, for payment services the Federal Reserve Banks provide to depository institutions, such as the clearing of checks, ACH transactions, and wholesale payment and settlement services

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Final Rule
9/29/2022

Federal Reserve Board announces approval of application by Columbia Banking System, Inc.

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Banking Order
10/13/2022

Board announced its approval of the application by U.S. Bancorp

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

Statement by Governor Bowman

None

None

Banking Order
10/13/2022

Federal Reserve Board invites public comment on an advance notice of proposed rulemaking to enhance regulators’ ability to resolve large banks in an orderly way should they fail

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

Statement by Vice Chair Brainard
Statement by Governor Bowman
Statement by Governor Waller

None

None

Proposed Rule
10/3/2022

Federal Reserve Board finalizes updates to the Board’s rule concerning debit card transactions

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Cook
Governor Jefferson
Governor Waller

Governor Bowman

Statement by Governor Bowman

None

Final Rule
9/29/2022

Agencies announce forthcoming resolution plan guidance for large banks and deliver feedback on resolution plan of Truist Financial Corporation

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Supervisory Matter
9/26/2022

Federal Reserve Board finalizes supervisory framework for insurance organizations that are overseen by the Board

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Final Guidance
9/6/2022

Federal Reserve Board invites comment on updates to its existing guidance on commercial real estate loan accommodations for borrowers

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Proposed Guidance
9/23/2022

Federal Reserve Board invites comment on updates to operational risk-management requirements for certain systemically important financial market utilities (FMUs) supervised by the Board

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Proposed Rule
9/13/2022

Federal Reserve Board announces approval of application by CBTX, Inc.

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Banking Order
8/15/2022

Federal Reserve Board announces it has fined EagleBank $9.5 million for violation of the Board's insider lending regulation and has permanently barred its former CEO and chairman from the banking industry

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Enforcement Action
8/15/2022

Federal Reserve Board announces final guidelines that establish a transparent, risk-based, and consistent set of factors for Reserve Banks to use in reviewing requests to access Federal Reserve accounts and payment services

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

Statement by Governor Bowman

None

None

Final Guidance
8/3/2022

Federal Reserve Board announces the individual capital requirements for all large banks, effective on October 1

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Supervisory Matter
7/15/2022

Federal Reserve Board invites comment on proposal that provides default rules for certain contracts that use the LIBOR reference rate, which will be discontinued next year

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Proposed Rule
6/30/2022

Federal Reserve Board announces approval of application by Benchmark Community Bank

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Banking Order
6/30/2022

Federal Reserve and FDIC extend deadline for U.S. GSIB resolution plan feedback

Chair Powell
Vice Chair Brainard
Governor Cook
Governor Jefferson

Governor Bowman
Governor Waller

Statement by Governor Bowman

Statement by Governor Waller

None

Supervisory Matter
6/18/2022

Federal Reserve Board announces approval of application by Bank First Corporation

Chair Powell
Vice Chair Brainard
Vice Chair for Supervision Barr
Governor Bowman
Governor Cook
Governor Jefferson
Governor Waller

None

None

Banking Order
6/3/2022

Federal Reserve Board announces approval of application by United Texas Bank

Chair Powell
Vice Chair Brainard
Governor Bowman
Governor Jefferson
Governor Waller

None

Governor Cook

Banking Order
5/23/2022

Federal Reserve Board announces approval of application by Alerus Financial Corporation

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
5/21/2022

Federal Reserve Board announces approval of application by MidWestOne Financial Group, Inc.

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
5/16/2022

Federal Reserve Board finalizes rule that governs funds transfers over the Federal Reserve Banks' FedNow Service

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Final Rule
5/16/2022

Agencies announce public meeting on proposed Bank of Montreal acquisition of BancWest Holding Inc. and Bank of the West; public comment period extended

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
5/16/2022

Agencies announce public meeting on proposed acquisition by The Toronto-Dominion Bank of First Horizon Corporation; public comment period extended

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
5/11/2022

Federal Reserve Board announces approval of application by Texas State Bankshares, Inc. and approval of applications by Texas Regional Bank

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
5/4/2022

Agencies issue joint proposal to strengthen and modernize Community Reinvestment Act Regulations

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

Statement by Governor Brainard

Statement by Governor Bowman

None

None

Proposed Rule
4/28/2022

Federal Reserve Board announces approval of application by First Internet Bancorp

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
4/20/2022

Agencies release revised interagency questions and answers regarding flood insurance

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Final Guidance***
3/21/2022

Federal Reserve Board announces approval of application by Citizens Financial Group, Inc.

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
3/1/2022

Federal Reserve Board announces approval of application by M&T Bank Corporation and recalculation of the firm’s stress capital buffer requirement

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
3/1/2022

Federal Reserve Board announces approval of application by A.N.B. Holding Company, Ltd.

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
3/1/2022

Federal Reserve Board announces approval of application by TriCo Bancshares

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
2/28/2022

Federal Reserve Board invites public comment on supplement to its May 2021 proposal

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Proposed Guidance
2/22/2022

Federal Reserve Board announces approval of application by Home BancShares, Inc.

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
2/18/2022

Federal Reserve Board announces $20.4 million penalty against the National Bank of Pakistan, a foreign bank operating in the United States and headquartered in Pakistan, for anti-money laundering violations

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Enforcement Action
2/16/2022

Federal Reserve Board announces approval of application by Stock Yards Bancorp, Inc.

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
2/11/2022

Federal Reserve Board invites comment on interagency proposal to update policies and procedures governing administrative proceedings for supervised financial institutions

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Proposed Rule
2/11/2022

Federal Reserve Board announces approval of application by Origin Bank

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
2/11/2022

Federal Reserve Board announces approval of application by Susser Bank

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
2/11/2022

Federal Reserve Board announces approval of application by South State Corporation

Chair Pro Tempore Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
2/4/2022

Agencies announce public meeting on proposed U.S. Bancorp Acquisition of MUFG Union Bank, National Association; public comment period extended

Chair Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
2/4/2022

Federal Reserve Board names Jerome H. Powell as Chair Pro Tempore, pending Senate confirmation to a second term as Chair of the Board of Governors

Governor Brainard
Governor Bowman
Governor Waller

None

Chair Powell**

Board Action
1/26/2022

Federal Reserve Board announces approval of application by Old National Bancorp

Chair Powell
Governor Brainard
Governor Bowman
Governor Waller

None

None

Banking Order
1/26/2022

Federal Reserve Board invites public comment on proposed guidance to implement a framework for the supervision of certain insurance organizations overseen by the Board

Chair Powell
Vice Chair Clarida*
Governor Brainard
Governor Bowman
Governor Waller

None

None

Supervisory Matter

*Vote cast prior to the conclusion of his service as governor on January 14, 2022.

**Chair Powell voluntarily recused himself from the decision to appoint a Chair Pro Tempore to avoid even the potential appearance of a conflict of interest.

***On May 12, 2022, the vote category was updated to "Final Guidance".

Back to Top
Last Update: January 28, 2022