The Daily Dig for Thursday, July 24

FDIC proposes Basel III compliance regs The FDIC has issued a notice of proposed rulemaking to revise its risk-based deposit insurance assessment system to reflect the final Basel III capital rule.  They will be accepting public commentary.  Read the release ...

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Obama nominates Janet Yellen to chair the Fed

President Barack Obama has announced Janet Yellen as his nomination to replace Ben Bernanke as Chair of the U.S. Federal Reserve.  The appointment, which takes effect in January 2014, still has to be ratified by the Senate. The Yellen nomination ...

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