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Resolution Process for Financial Companies that Pose Systemic Risk To the Financial System and Overall Economy
Federal Reserve Bank of Kansas City President Thomas M. Hoenig has been a strong proponent of addressing the issue of so-called "too-big-to-fail" financial firms by establishing a legal process that is consistent to firms of all sizes and holds those responsible for the firms condition accountable for its performance. The Federal Reserve Bank of Kansas City has prepared this document explaining exactly how that process could work.

Summary and Comments on Treasury Financial Stability Improvement Act Concerning Resolution Authority for 'Too Big To Fail' Institutions

The Balance of Power: The Political Fight for an Independent Central Bank
Questions are often asked about the role and relationships between the political elements of the Federal Reserve and its independence. This volume was created to provide an overview on the history of those issues.

10-J: The History of the Federal Reserve Bank of Kansas City
The Emmy-nominated documentary, "10-J: The History of the Federal Reserve Bank of Kansas City," explores the history of the nation's central bank, the reasons Congress created its revolutionary decentralized structure and the important role that the nation's 12 regional Federal Reserve Banks play today, nearly a century after the Federal Reserve's founding. Narrated by Susie Gharib, host of PBS' "Nightly Business Report," the hour-long documentary was produced by Kansas City's PBS affiliate, KCPT.

Kansas City Financial Stress Index
The KCFSI suggests financial stress edged up in January, remaining well below the previous peak but somewhat higher than before the crisis. (February 8, 2010)

Low- and Moderate-Income Survey
Unemployment, lower income, lack of insurance and poor housing choices are cited in the latest survey as factors imparing financial recovery among low- and moderate-income (LMI) populations in the Tenth District. (January 29, 2010)

Research Working Paper: Euler-Equation Estimation for Discrete Choice Models: A Capital Accumulation Application
This paper presents a new methodology for estimating capital adjustment costs. (January 2010)

Research Working Paper: Inflation Targeting and Private Sector Forecasts
Using data from 15 countries over 20 years, there is no convincing evidence that adopting an inflation targeting regime leads to a reduction in the dispersion of private sector forecasts of inflation. (January 2010)

Research Working Paper: Training or Search? Evidence and an Equilibrium Model
What are the effects of training programs and unemploment benefits on an economy's unemployment, employment and output levels? (January 2010)

Research Working Paper: Executive Compensation and Business Policy Choices at U.S. Commercial Banks
Executives at U.S. commercial banking companies often receive high salaries, large bonuses, and substantial amounts of company stock and options. Does this affect the way they run their banks? (January 2010)

Manufacturing Survey
Growth in Tenth District manufacturing activity strengthened in January, with production returning nearly back to year-ago levels. (January 28, 2010)

Bank Director's Desktop
The Bank Director's Desktop is a Federal Reserve resource for new and experienced bank directors. This online tool includes information to help directors better understand the challenges and responsibilities of serving on a bank's board. The site includes the interactive course "Training for Bank Directors," the latest edition of "Basics for Bank Directors," a comprehensive guide to directors' roles and responsibilities, and many other useful resources. (January 25, 2010)

2010 Seasonal Credit applications now available
Institutions may obtain longer-term funds from the Discount Window so they may carry fewer liquid assets the rest of the year and make more funds available for local lending. (January 19, 2010)

Federal Reserve System News

Federal Reserve Announces the Availability of the Electronic Applications (E-Apps) System
Learn more about E-Apps and how your institution may begin submitting regulatory applications via the Internet.

Federal Reserve announces results of auction of $50 billion in 28-day credit held on February 8, 2010
Additional information about the Term Auction Facility. (February 9, 2010)

FOMC Statement
Information received since the Federal Open Market Committee met in December suggests that economic activity has continued to strengthen and that the deterioration in the labor market is abating. (January 27, 2010)

Federal Reserve Education
Here you can find links to instructional materials and tools that can increase your understanding of the Federal Reserve.

Troubled Asset Relief Program (TARP)
Find out where the Troubled Asset Relief Program (TARP) funds have been distributed nationwide. This information is provided by the U.S. Treasury and compiled by The Wall Street Journal.

 


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