It is to say pull back on this regulation and give a green light for massive and undiversified growth.
I have introduced a bill to repeal Title IV of S. 2155, which would undo the Fed's deregulation of the biggest banks.
Do you think that creates a conflict of interest?
Then how could you say there was no evidence that anyone violated the rules? It clearly violated the rules.
The Fed touches the lives of nearly every family in America, from influencing whether or not they can afford to buy a home...
difficulty in attracting quality candidates for the position
Welcome to the hearing of the Senate Banking, Housing, and Urban Affairs Subcommittee on Economic Policy.
I have got an idea, a bipartisan idea that I am introducing with Senator Rick Scott today: get the big bankers off the Federal Reserve board...
What it does is create a system that was in place under Dodd-Frank, that for a bank to grow above $50 billion, or above $100 billion, they k...
The actions of the Chair of the Federal Reserve and a Governor of the Federal Reserve were unambiguously inconsistent with the Fed's rules.
the Fed continues to stonewall Congress, stonewall the public, on the underlying information about these trades.
This law severely weakened the guardrails that Congress put in place after the 2008 financial crisis.
No one in our Nation has been spared the impact of the COVID-19 pandemic, and child and adolescent psychiatrists and their teams have been o...
S. 2155 weakened the rules and the supervision for these banks like SVB and opened the deregulatory door for the Fed to drive a truck throug...
the Fed should have used its authority to apply stronger rules to banks with more than $100 billion in assets.
the loosening ends up having multiplier effects, that once you loosen a little bit you lose other discipline in the system.
I'm working on bipartisan legislation to claw back money when executives take big bonuses for blowing up their banks.
The Federal Reserve must not seem and must not be supervised by itself.