2025-11-26
The Federal Reserve Board’s Division of Consumer and Community Affairs issued this letter to outline its ongoing commitment to assessing the efficiency of its Consumer Affairs supervision program. The document clarifies that the recently released Statement of Supervisory Operating Principles does not apply to this specific program and establishes that changes will be communicated through established internal and external channels. Reserve Banks are instructed to distribute the guidance to supervised institutions and staff, who are encouraged to direct questions to their responsible Reserve Bank or the Board’s public website.