The Fed's report also laid blame at the feet of Congress for passing legislation to weaken bank rules--an agenda that Ch...
Did they violate the rules? Yes, they violate the rules.
I've got an idea--a bipartisan idea that I'm introducing with Sen. Rick Scott today: get the big bankers off the Reserve...
Okay, so hard to enforce the law if you can't figure out who is on the other end of this, so the way this gets so tangle...
I appreciate the work you are doing in trying to keep nursing home residents safe.
Okay, so it is really important that taxpayer funds be protected. I appreciate your work on that, but of course, the mai...
you do not get to write a law that shoves the Fed in a strictly deregulatory direction and then turn around and say, 'Ge...
So let me just get this straight. Two-thirds of the people that oversee each of the Reserve banks, and hand-pick the lea...
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 exactly the kind of deregulatory shift I warned about in 2018, when I opposed Powell's nomination as Fed Chair.
What Congress did is say anything below $250 billion is wiped clean.
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...
S. 2155 weakened the rules and the supervision for these banks like SVB and opened the deregulatory door for the Fed to ...
The actions of the Chair of the Federal Reserve and a Governor of the Federal Reserve were unambiguously inconsistent wi...
the loosening ends up having multiplier effects, that once you loosen a little bit you lose other discipline in the syst...
Do you think that creates a conflict of interest?
I have introduced a bill to repeal Title IV of S. 2155, which would undo the Fed's deregulation of the biggest banks.