
Daniel Patrick Moynihan used to say, if you didn't want to help an issue or hurt an issue, you just engaged in benign neglect, you just don't do anything.
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Daniel Patrick Moynihan used to say, if you didn't want to help an issue or hurt an issue, you just engaged in benign neglect, you just don't do anything.

we don't need to attack NEPA. We need better road signs, better drivers, a better road.

Senator Rick Scott and I introduced a bipartisan bill today that would prohibit big bankers from serving as Reserve bank directors.

Senator Scott and I also introduced a bill, which was included in a separate bill with Sen. Tillis, to give the Fed a true, Senate-confirmed independent Inspector General to serve as an agency watchdog.

This is designed neglect. It is not giving the agencies the resources they need.

That does not make sense, to be honest. And that is a remnant of a really stigmatizing approach to the treatment of people with opioid use disorder.

Right. OK. So this chummy little group is making a lot of policy here, and nobody else gets to see it.

Senator Scott and I also introduced a bill, which was included in a separate bill with Sen. Tillis, to give the Fed a true, Senate-confirmed independent Inspector General to serve as an agency watchdog.

It is our duty to ensure that they are safe, but some of these facilities are in horrendous condition due to the greed of their corporate owners.

This is the most severe ethics scandal in the Fed's 110-year history, yet other than a few officials taking an early retirement we have seen no accountability.

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 by the very same banks that are regulated by the Reserve bank, and three of those people actually…

It is to say pull back on this regulation and give a green light for massive and undiversified growth.

the market being distorted by a lack of competition

I am really okay with that. Personally, I am good with you being uncomfortable because my constituents in the Massachusetts 7th District were very uncomfortable when SVB collapsed.

The Fed touches the lives of nearly every family in America, from influencing whether or not they can afford to buy a home...

Thank you to Senator Marshall for your shared commitment to addressing the mental health and substance use crisis in the United States.

The Federal Reserve must not seem and must not be supervised by itself.

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 boards of directors.