the Fed should have used its authority to apply stronger rules to banks with more than $100 billion in assets.
the tailoring rules meant that Silicon Valley Bank, for example, did not have to do a lot of incredibly important things...
I warned about in 2018 when I opposed Powell's nomination as Fed Chair and again in 2021 when I said that he was a dange...
Now I think it is long past time that Congress finally acts, and I have bipartisan legislation with Senator Scott to do ...
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 Federal Reserve must not seem and must not be supervised by itself.
Did they violate the rules? Yes, they violate the rules.
So let me just get this straight. Two-thirds of the people that oversee each of the Reserve banks, and hand-pick the lea...
What Congress did is say anything below $250 billion is wiped clean.