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Report File
Date Issued
Submitting OIG
Federal Reserve Board & CFPB OIG
Other Participating OIGs
Federal Reserve Board & CFPB OIG
Agencies Reviewed/Investigated
Board of Governors of the Federal Reserve System
Report Number
2022-SR-B-017
Report Type
Inspection / Evaluation
Agency Wide
Yes
Number of Recommendations
9
Questioned Costs
$0
Funds for Better Use
$0

Open Recommendations

This report has 3 open recommendations.
Recommendation Number Significant Recommendation Recommended Questioned Costs Recommended Funds for Better Use Additional Details
4 No $0 $0

Update, in consultation with the Board of Governors, the director of FS, and the general counsel, the delegations of authority related to the stress testing program to clarify how actions should be delegated when there is no vice chair for supervision or CSR chair.

5 No $0 $0

Update, in consultation with the Board of Governors, the director of S&R, and the general counsel, the CSR charter to state how the committee should operate in the absence of a vice chair for supervision and a CSR chair, including specifying who is responsible for setting the strategic direction and priorities of the committee and developing committee meeting agendas.

6 No $0 $0

Update, in consultation with the Board of Governors, the Board Organization and Procedures policy to state who will fill the role of oversight governor for S&R if the Board chair has not appointed one.

Federal Reserve Board & CFPB OIG

United States