The Senate voted 48-47 to confirm the nomination of Stephen Miran to be a Federal Reserve governor.
Details: Miran, who served as chairman of the White House Council of Economic Advisors, will serve out the remainder of Fed Governor Adriana Kugler’s term, which ends next year.
Countdown to submit fraud comments: Three days left
With three business days left to submit comment letters on an interagency request for information on mitigating payments fraud, ICBA is encouraging community bankers to use its grassroots guide to submit comment letters and participate in the process.
Background: The FDIC, Federal Reserve, and OCC are requesting input on actions they could take to help consumers, businesses, and financial institutions mitigate check, ACH, wire, and instant payments fraud. Comments are due this Thursday, Sept. 18.
Submitting Comments: Available on ICBA’s Be Heard Grassroots Action Center, the grassroots guide to submitting comment letters offers instructions and sample language to help community bankers submit their comments.