We need to strengthen our financial watchdogs' ability to impose fines, ban bad actors from the banking industry, and claw back compensation...
SVB, Signature Bank, and First Republic all lobbied Congress to weaken the guardrails, preventing them from making risky bets with depositor...
So in its postmortem of the Silicon Valley Bank collapse, the Fed found that legislation passed out of this Committee in 2018, led to weaken...
You know, it is clear that giving regulators power to do something is not always enough. Congress needs to force regulators to use it, which...
Yes, I think that is a very important signal because it is a tale of two pandemics.
That is why Senator Cortez Masto, Senator Hawley, Senator Braun, and I introduced a bipartisan bill to ensure that when executives crash the...
Bank executives who take on too much risk and crash their banks because of their own hubris and greed should not get to ride off into the su...
We need legislation to expand the banking agencies' authority to ban a bank executive or manager from the industry for failing to properly o...
We cannot--we will not--let that happen again.
The lessons, I think, are clear. Regulators need to strengthen bank oversight, and Congress must reinstate stronger rules.
There is kind of a tale of two pandemics here, with 250 people a day still dying.
America is facing a mental health crisis. One in five Americans live with a mental illness, and for Medicare beneficiaries, it is one in fou...
So look, what we are really saying here is that it is in the financial interest of these Medicare Advantage plans to discourage beneficiarie...
