This law severely weakened the guardrails that Congress put in place after the 2008 financial crisis.
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...
Welcome to the hearing of the Senate Banking, Housing, and Urban Affairs Subcommittee on Economic Policy.
I've got an idea--a bipartisan idea that I'm introducing with Sen. Rick Scott today: get the big bankers off the Reserve Banks boards of dir...
I think that the proposal from you and Senator Scott, which I have reviewed, does not go as far as I would like.
It is time to end the Fed's culture of corruption.
This is suspicious timing, but you did not look into this trade as part of your investigation.
We will start receiving electric vehicles.
the Fed failed at every step along the way, from the Board of Governors at the very top to the San Francisco Fed Bank examiners on the groun...
It is to say pull back on this regulation and give a green light for massive and undiversified growth.
you do not get to write a law that shoves the Fed in a strictly deregulatory direction and then turn around and say, 'Gee, we wish they had ...
So it sounds like to me that this is clearly a case of the fox guarding the henhouse all the way through the system here.
Did they violate the rules? Yes, they violate the rules.
The reason we are here today is to identify those challenges and chart a path toward a future where help is there when you need it.
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...
You know, particularly when you are telling me about Clarita, for example, corrected this later, yeah, he corrected it after you opened an i...