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Official Staff Commentary

What is 'Official Staff Commentary'

Commentary published by the Federal Reserve. Official staff commentaries are laid out in a question-and-answer format. They are used by the Federal Reserve Board's Division of Consumer and Community Affairs to provide formal interpretations of regulations.

Explaining 'Official Staff Commentary'

For example, an official staff commentary was covered to address Regulation E and electronic transfers of funds (EFTs). Another official staff commentary was issued concerning Regulation Z and consumer credit.


Further Reading


The Two Tribes of 'The Econ': A Study of Economists and Economic Media Commentary in Australia
onlinelibrary.wiley.com [PDF]
… lack of focus, according to in- terviews with a majority of its members and government officials briefed on … In recent months, a top investigator resigned, frustrated by delays in assembling a staff … and the critiques of commentators, the FCIC Report may be the only "official report" to …

From social control to financial economics: the linked ecologies of economics and business in twentieth century AmericaFrom social control to financial economics: the linked ecologies of economics and business in twentieth century America
link.springer.com [PDF]
… lack of focus, according to in- terviews with a majority of its members and government officials briefed on … In recent months, a top investigator resigned, frustrated by delays in assembling a staff … and the critiques of commentators, the FCIC Report may be the only "official report" to …

Resolving systemic financial crises efficientlyResolving systemic financial crises efficiently
www.sciencedirect.com [PDF]
… lack of focus, according to in- terviews with a majority of its members and government officials briefed on … In recent months, a top investigator resigned, frustrated by delays in assembling a staff … and the critiques of commentators, the FCIC Report may be the only "official report" to …

Quarterly Economic Commentary, Winter 2012Quarterly Economic Commentary, Winter 2012
aei.pitt.edu [PDF]
… lack of focus, according to in- terviews with a majority of its members and government officials briefed on … In recent months, a top investigator resigned, frustrated by delays in assembling a staff … and the critiques of commentators, the FCIC Report may be the only "official report" to …

Public finances in Europe: fortifying EU economic governance in the shadow of the crisisPublic finances in Europe: fortifying EU economic governance in the shadow of the crisis
www.tandfonline.com [PDF]
… lack of focus, according to in- terviews with a majority of its members and government officials briefed on … In recent months, a top investigator resigned, frustrated by delays in assembling a staff … and the critiques of commentators, the FCIC Report may be the only "official report" to …

… FINANCIAL LIBERALIZATION IGNORE INFORMAL FINANCE? A COMMENTARY/LA LIBÉRALISATION FINANCIÈRE POURRAIT-ELLE IGNORER LES FINANCES …… FINANCIAL LIBERALIZATION IGNORE INFORMAL FINANCE? A COMMENTARY/LA LIBÉRALISATION FINANCIÈRE POURRAIT-ELLE IGNORER LES FINANCES …
www.jstor.org [PDF]
… lack of focus, according to in- terviews with a majority of its members and government officials briefed on … In recent months, a top investigator resigned, frustrated by delays in assembling a staff … and the critiques of commentators, the FCIC Report may be the only "official report" to …



Q&A About Official Staff Commentary


When were commentaries first published by the Federal Reserve?

In 1975, the Board began publishing commentaries in response to requests from financial institutions for guidance on how to comply with federal consumer protection laws.

Who uses the commentaries?

The Federal Reserve Board's Division of Consumer and Community Affairs use them.

What does a commentary cover?

A commentary covers Regulation E and electronic transfers of funds (EFTs). Another was issued concerning Regulation Z and consumer credit.

What is an official staff commentary?

An official staff commentary is a formal interpretation of regulations.

How are they used?

They are used to provide formal interpretations of regulations.