Board of Governors of the Federal Reserve System

FRB Order No. 2021-13 December 17, 2021 FEDERAL RESERVE SYSTEM Webster Financial Corporation Waterbury, Connecticut Order Approving the Merger

Prefatory Note The attached document represents the most complete and accurate version available based on original files from the FOMC Secretariat

crisis, the Congress assigned important responsibilities for safeguarding...crisis, when household borrowing was growing at a pace far above that

crisis, we have to extrapolate, assuming a linear model, our estimates

crisis and how we have transformed our regulatory and supervisory approach...crisis, our primary goal was to ensure the safety and soundness of individual

response to economic and financial disturbances. Moreover, monetary policy

response should address the following specific issues raised by commenters...crisis and immediately before CIT declared bankruptcy, coupled with the

response to a depreciation of the dollar, foreign commodity producers ...response to some common, unidentified third factor. The fourth regression

crisis after another, with major crises in 1839, 1857, 1873, 1893, and...crisis, boiling over repeatedly, harming the country. Central banks are

Prefatory Note The attached document represents the most complete and accurate version available based on original files from the FOMC Secretariat