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 ...
Did they violate the rules? Yes, they violate the rules.
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...
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.
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...
difficulty in attracting quality candidates for the position
It is past time for us to remove private bankers from this public role.
That was just a massive neon light saying 'grow, grow, grow.'
the tailoring rules meant that Silicon Valley Bank, for example, did not have to do a lot of incredibly important things.
Social media is implicated.
I absolutely agree that the allegations of improper trading and ethics violations are disturbing, and they are alarming.
capitalism without competition isn't capitalism; it's exploitation
the market being distorted by a lack of competition
We provided $3 billion in funding.
I think you would get like 237,000 vehicles.
Twenty years ago the GAO came to Congress, long before I was here, long before Senator Kennedy was here, and said, 'Change it because it is ...
So let me just get this straight. Two-thirds of the people that oversee each of the Reserve banks, and hand-pick the leadership, are elected...