I think that the proposal from you and Senator Scott, which I have reviewed, does not go as far as I would like.

difficulty in attracting quality candidates for the position

Welcome to the hearing of the Senate Banking, Housing, and Urban Affairs Subcommittee on Economic Policy.

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.

What it does is create a system that was in place under Dodd-Frank, that for a bank to grow above $50 billion, or above $100 billion, they knew that there would be significant regulatory and supervisory costs.

To restore public confidence in the Fed, we need a strong, Senate-confirmed inspector general to conduct rigorous, independent oversight.

the Fed should have used its authority to apply stronger rules to banks with more than $100 billion in assets.

This law severely weakened the guardrails that Congress put in place after the 2008 financial crisis.

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

In our democratic system, bank supervisors, toiling in secrecy though they may be, must still answer to the people.

I've got an idea--a bipartisan idea that I'm introducing with Sen. Rick Scott today: get the big bankers off the Reserve Banks boards of directors.