Federal Reserve:
Views on Proposed Expanded Access Authority for GAO
T-GGD-90-8: Published: Nov 9, 1989. Publicly Released: Nov 9, 1989.
Additional Materials:
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Pursuant to a congressional request, GAO discussed proposed legislation which would expand its authority and access in connection with Federal Reserve System (FRS) audits. GAO noted that: (1) its pre-1976 FRS audits were limited mainly to audits of fiscal agent functions FRS banks performed for the Department of the Treasury; (2) 1978 legislation significantly expanded its access to FRS and other bank regulatory agencies, but limited GAO access to information related to foreign transactions, monetary policy, and Federal Open Market Committee (FOMC) operations; (3) it has not experienced significant problems in cooperating with FRS; (4) although statutory limits posed access problems in GAO studies of the effects of monetary policy on housing and other parts of the economy, an information leak regarding FOMC deliberations, and FRS banks' Treasury securities accounting systems, GAO found reasonable ways to satisfy its information requirements; (5) the proposed legislation would remove the constraints on GAO access concerning monetary policy and FOMC deliberations and would facilitate GAO ability to audit banks' financial transactions; and (6) the proposed legislation should include provisions to protect FRS from undue interference.
Mar 22, 2018
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Financial Technology:
Additional Steps by Regulators Could Better Protect Consumers and Aid Regulatory OversightGAO-18-254: Published: Mar 22, 2018. Publicly Released: Mar 22, 2018. -
Climate-Related Risks:
SEC Has Taken Steps to Clarify Disclosure RequirementsGAO-18-188: Published: Feb 20, 2018. Publicly Released: Mar 22, 2018.
Mar 16, 2018
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Community Reinvestment Act:
Options for Treasury to Consider to Encourage Services and Small-Dollar Loans When Reviewing FrameworkGAO-18-244: Published: Feb 14, 2018. Publicly Released: Mar 16, 2018.
Mar 15, 2018
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Commercial Real Estate Lending:
Banks Potentially Face Increased Risk; Regulators Generally Are Assessing Banks' Risk Management PracticesGAO-18-245: Published: Mar 15, 2018. Publicly Released: Mar 15, 2018.
Feb 27, 2018
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Analyzing Regulatory Burden:
Policies and Analyses under the Regulatory Flexibility Act and Retrospective Reviews Could Be ImprovedGAO-18-404T: Published: Feb 27, 2018. Publicly Released: Feb 27, 2018. -
Community Banks and Credit Unions:
Regulators Could Take Additional Steps to Address Compliance BurdensGAO-18-213: Published: Feb 13, 2018. Publicly Released: Feb 27, 2018.
Feb 26, 2018
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Bank Secrecy Act:
Derisking along the Southwest Border Highlights Need for Regulators to Enhance Retrospective ReviewsGAO-18-263: Published: Feb 26, 2018. Publicly Released: Feb 26, 2018.
Jan 30, 2018
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Financial Services Regulations:
Procedures for Reviews under Regulatory Flexibility Act Need to Be EnhancedGAO-18-256: Published: Jan 30, 2018. Publicly Released: Jan 30, 2018.
Dec 8, 2017
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Financial Services Industry:
Trends in Management Representation of Minorities and Women and Diversity Practices, 2007-2015GAO-18-64: Published: Nov 8, 2017. Publicly Released: Dec 8, 2017.
Dec 7, 2017
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Office of Financial Research:
Observations on GAO Access to Information on Programs and ActivitiesGAO-18-255T: Published: Dec 7, 2017. Publicly Released: Dec 7, 2017.
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