Financial Stability Oversight Council Report
“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’…
1,016 views“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’…
1,016 viewsThe 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 …
2,323 viewsSecurities 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…
1,156 viewsFederal 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…
1,654 viewsFederal 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…
1,102 views“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…
4,756 viewsFederal 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…
2,298 viewsFinancial regulators testified at a Senate Banking Committee hearing on oversight of the banking system, including the cryptocurrency market. This hearing occurred after the recent collapse …
814 viewsCEOs from the country’s six largest banks, including Jamie Dimon from JPMorgan Chase, Jane Fraser from Citigroup, and Brian Moynihan from Bank of America, testified at a Senate Banking Commi…
3,758 viewsSecurities and Exchange Commission Chair Gary Gensler testified before the Senate Banking Committee at an oversight hearing of his agency. In response to a question on the importance of clim…
1,476 viewsThe Senate Banking Committee heard testimony from financial policy professionals and industry stakeholders on the use of new consumer financial products and predatory banking practices, and …
456 viewsFederal Reserve Chair Jerome Powell said a recession caused by interest rate hikes is “certainly a possibility,” while testifying on the the economy and inflation during a Senate Banking Com…
9,201 viewsConsumer Financial Protection Bureau (CFPB) Director Rohit Chopra appeared before the Senate Banking Committee to speak about the agency’s semiannual report. The director responded to a vari…
399 viewsTreasury Secretary Janet Yellen testified at a Senate Banking Committee hearing on the Financial Stability Oversight Council’s (FSOC) annual report to Congress and the state of the U.S. fina…
990 viewsThe Senate Banking, Housing, and Urban Affairs Committee held a confirmation hearing on the nominations of Lael Brainard to be vice chair of the Federal Reserve and Sandra Thompson to be dir…
1,351 viewsDuring testimony at a Senate Banking Committee hearing on monetary policy and economic conditions, Federal Reserve Chair Jerome Powell said the central bank would move carefully with a rate …
1,178 viewsFederal Reserve Chair Jerome Powell faced intense questioning from lawmakers concerning high inflation during his confirmation hearing before the Senate Banking Committee. Chair Powell said …
2,314 viewsThe Senate Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development held a hearing focused on community development financial institutions, or C…
1,884 viewsRohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), testified before the Senate Banking Committee on the agency’s semiannual report. Topics included consumer protectio…
797 viewsSaule Omarova testified before the Senate Banking Committee at her confirmation hearing to serve as comptroller of the currency, who is tasked with regulating the nation’s banks. Committee m…
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