Videos

Federal Deposit Insurance Corporation Chair Martin Gruenberg apologized and took “full responsibility” for “deep-seated workplace culture issues” at the FDIC. His testimony came during an ov…

“I absolutely believe it’s headed in the right direction,” said Treasury Secretary Janet Yellen when asked about the U.S. economic outlook before the House Financial Services Committee. The …

A House Financial Services subcommittee held a public hearing to examine the Securities and Exchange Commission’s (SEC) oversight and regulatory enforcement of U.S. capital markets. Witnesse…

Industry stakeholders testified on the impact of environmental, social, governance (ESG) mandates on the insurance and housing sectors before a House subcommittee. ESG is an investment frame…

Industry stakeholders testified on the impact of environmental, social, governance (ESG) mandates on the insurance and housing sectors before a House subcommittee. ESG is an investment frame…

“The U.S. banking system is sound and resilient,” said Federal Reserve Chair Jerome Powell as he testified before the House Financial Services Committee on monetary policy and the economy. T…

Treasury Secretary Janet Yellen testified before the House Financial Services Committee on the importance of international financial institutions, such as the World Bank and International Mo…

Michael Clements, an official at the Government Accountability Office, testified on his agency’s review of the Silicon Valley Bank and Signature Bank collapses. Mr. Clements said that the ba…

A House Financial Services subcommittee convened a hearing to examine challenges facing international financial institutions like the World Bank and the International Monetary Fund (IMF). To…

Gregory Becker, former Silicon Valley Bank CEO; Scott Shay, former Signature Bank chair and co-founder; and Michael Roffler, former First Republic Bank CEO and president, testified at a a Ho…

Officials from the Federal Deposit Insurance Corporation (FDIC), Federal Reserve, and Treasury Department testified on the collapse of Silicon Valley Bank and other bank failures before the …

Federal Reserve Chair Jerome Powell said no decision has been made regarding the interest rate hike expected in mid-March. His comments before the House Financial Services Committee came one…

CEOs 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 House Financial Serv…

The House Financial Services Task Force on Financial Technology held a hearing examining the barriers to investment for women and minority-owned financial technology companies, often referre…

Federal Reserve Chair Jerome Powell acknowledged the Fed “underestimated” the risk of inflation but assured members of the House Financial Services Committee that a recession is not inevitab…

U.S. Federal Reserve Vice Chair Lael Brainard testified at a House Financial Services Committee hearing on the benefits and risks of digital currency in the U.S. banking system. Vice Chair B…

Treasury Secretary Janet Yellen Treasury Secretary testified before the House Financial Services Committee about the Financial Stability Oversight Council’s (FSOC) annual report. Committee m…

Treasury Secretary Janet Yellen testified at a House Financial Services Committee hearing on the outlook of the global financial system. Secretary Yellen said Russia’s actions in Ukraine “re…

Lawmakers on a House Financial Services subcommittee debated whether the government should intervene to curb the use of overdraft fees by banks. Democrats on the panel argued the fees advers…

Acting Federal Reserve Chair Jerome Powell said he expected to propose and support a 25-basis-point (0.25%) interest rate hike at the next board meeting. He made this announcement during a H…