Videos

Federal Reserve Board Chair Jerome Powell outlined the Federal Reserve’s Semi-annual Policy Report before the Senate Banking, Housing, and Urban Affairs Committee. He outlined the state of t…

Increasing housing supply and reducing costs for borrowers were among the topics discussed as Acting Housing and Urban Development Secretary Adrianne Todman and Federal Housing Finance Agenc…

The Senate confirmed Jose Javier Rodriguez to be the assistant labor secretary for Employment and Training. Lawmakers also approved a bipartisan measure to repeal a U.S. Department of Agricu…

“Over the past three years, the Biden administration has driven an historic recovery,” said Treasury Secretary Janet Yellen during her testimony on the Financial Stability Oversight Council’…

Athens, Ohio, Mayor Steve Patterson (D) and the CEO of Greater New Orleans Inc., an economic development agency, were among those testifying at a Senate Banking, Housing, and Urban Affairs C…

The Senate Banking, Housing and Urban Affairs Committee holds an annual oversight hearing of Wall Street firms, with CEOs from Goldman Sachs, Citigroup, JPMorgan Chase, Bank of America, and …

The Senate approved (64-19) the motion to proceed to consideration of H.R. 815, legislation providing $95.3 billion in foreign aid to Israel, Taiwan, and Ukraine. This came after the chamber…

“I was a part of the problem. I am here now standing as a man that wants to be a part of the solution,' said musician Jason "Jelly Roll” DeFord as he testified before the Senate Banking, Hou…

Securities and Exchange Commission Chair Gary Gensler testified on oversight of his agency before the Senate Banking, Housing and Urban Affairs Committee. Several of the committee’s senators…

Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg said the allegations of “pervasive sexual harassment” by FDIC regulators detailed in a recent article from The Wall Street…

Federal Reserve Chair Jerome Powell said that even though the Federal Reserve did not raise interest rates at their last meeting, there is a strong possibility of one to two interest rate hi…

The Senate continued work on a short-term spending bill to avert a government shutdown on September 30 at midnight. The bipartisan measure would extend current funding levels until November …

The Senate continued work on its version of the fiscal year 2024 National Defense Authorization Act. The House earlier in the month passed its own version.

Veterans Affairs Secretary Denis McDonough and veterans' groups testified on President Biden’s fiscal year 2024 budget request before the Senate Veterans' Affairs Committee. Topics included …

The Senate confirmed two nominations: Dilawar Syed, deputy administrator of the Small Business Administration; and Molly Silfen to be a U.S. Court of Federal Claims judge for a 15-year term.

Experian, Equifax and TransUnion CEOs testified on the credit scoring process, before the Senate Banking Committee. Topics included accurate and data-driven credit reporting, minimizing the …

Federal Reserve Vice Chair for Supervision Michael Barr and other federal and state regulators testified on recent bank failures before the Senate Banking Committee. Mr. Barr discussed a rev…

“A total of $100 billion was scheduled to go out of the door that day. The bank did not have enough collateral to meet that … and they were shut down,” said Federal Reserve Vice Chair for Su…

“The takeover of SVB has been personally and professionally devastating, and I am truly sorry for how this has impacted SVB’s employees, clients and shareholders,” said former CEO of Silicon…

Federal Reserve Chair Jerome Powell told lawmakers future interest rate hikes could be higher and last longer than previously expected. Chair Powell’s testimony before the Senate Banking Com…