{"abstract":"The Board of Governors of the Federal Reserve System (Board) proposes to amend its Regulation D (Reserve Requirements of Depository Institutions) to differentiate between master accounts and a proposed new category of special-purpose payment accounts (Payment Accounts). The proposed amendments would exclude Payment Accounts from Regulation D's provisions directing Federal Reserve Banks (Reserve Banks) to pay interest on balances maintained at a Reserve Bank. As a result, the Reserve Banks would not pay interest on balances maintained in Payment Accounts. The proposal would not affect reserve requirement ratios, which would remain zero.","action":"Notice of proposed rulemaking.","agencies":[{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2026/05/26/2026-10377.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"204","title":12}],"citation":"91 FR 30503","comment_url":null,"comments_close_on":"2026-07-27","correction_of":null,"corrections":[],"dates":"Comments must be received on or before July 27, 2026.","disposition_notes":null,"docket_ids":["Docket No. R-1893"],"dockets":[],"document_number":"2026-10377","effective_on":null,"end_page":30511,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2026/05/26/2026-10377.xml","html_url":"https://www.federalregister.gov/documents/2026/05/26/2026-10377/regulation-d-reserve-requirements-of-depository-institutions","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2026-10377?publication_date=2026-05-26","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2026-05-26/2026-10377/mods.xml","not_received_for_publication":null,"page_length":9,"page_views":{"count":392,"last_updated":"2026-05-29 12:15:10 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-05-26/pdf/2026-10377.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-10377.pdf?1779453912","publication_date":"2026-05-26","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2026/05/26/2026-10377.txt","regulation_id_number_info":{"7100-AH25":null},"regulation_id_numbers":["7100-AH25"],"regulations_dot_gov_info":{"comments_count":0,"agency_id":"FRS","document_id":"FRS-2026-2182-0001","checked_regulationsdotgov_at":"2026-05-27T15:55:05Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":30503,"subtype":null,"title":"Regulation D: Reserve Requirements of Depository Institutions","toc_doc":"Reserve Requirements of Depository Institutions (Regulation D)","toc_subject":null,"topics":["Reporting and recordkeeping requirements"],"type":"Proposed Rule","volume":91}