10/24/2023
https://congress.gov...
"If the Federal Reserve consistently prioritizes banks' profits over the stability of the banking system--if that is, in fact, what they do, who does it seem like they are working for?"
"The problem is that the Members of Congress who are loudest about the failure are often the ones most terrified of legislating to address it."
"In fact, in my, maybe third, hearing in Congress, in the early spring of 2019, I asked Chairman Jerome Powell about the weakening of the capital liquidity risk requirements, and he claimed that there,..."
"It sounds like Congress is not the only entity bowing to pressure from big banks."