Wednesday - April 1, 2026
Fed IG: The Board Should Enhance Its Ability to Monitor the Efficiency and Timeliness of Its Processing of Certain Banking Applications
March 31, 2026
WASHINGTON, March 31 (TNSLrpt) -- The Federal Reserve Inspector General issued the following report on March 23, 2026, entitled "The Board Should Enhance Its Ability to Monitor the Efficiency and Timeliness of Its Processing of Certain Banking Applications."

Here are excerpts:

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Before engaging in certain activities like mergers or acquisitions, banks must apply for approval from Reserve Banks or the Board, which review applications for legal . . .

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