; depository institution The terms appropriate Federal banking agency and depository institution have the meanings given the terms in section 3 of the Federal Deposit Insurance Act ( 12 U.S.C. 1813 ). (2) Covered institution The term covered institution means a depository institution with more than $10,000,000,000 in total consolidated assets. (b) Supervision review and public report Not later than 180 days (or during a period of financial stress, a reasonable time) after the failure of a covered institution, each appropriate Federal banking agency shall complete a review of the management, supervision, and regulation of that institution and make publicly available a report detailing the findings of the agency. 8. Federal Reserve supervision and regulation report Not less frequently than semiannually, the Board of Governors of the Federal Reserve System shall make publicly available a report on— (1) the supervisory and regulatory policies and actions of the Board; (2) the current banking conditions; and (3) any internal changes the Board is making to the operations and culture of the Board with respect to the supervisory and regulatory actions described in paragraph (1), including the frameworks, strategies, and metrics that the Board is using to— (A) improve internal communication within the Federal Reserve System and with Federal banking agencies and State banking supervisors; (B) enhance the process by which the Board solicits and receives public input; and (C) ensure timely, appropriate, and effective actions and communications are taken in response to supervisory concerns; (4) the budgets, staffing, and any use of outside services to accomplish the items described in paragraph (3)