Page 23 - Acting Comptroller News Today

Vice Chair Barr and Chair Gruenberg’s testimony and appearances generally stuck close to the scripts of their respective post-mortem reports on the SVB and Signature failures.

May 18, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Oversight of Financial Regulators: Financial Stability, Supervision,...

This week, the Senate Banking Committee and the House Financial Services Committee held multiple hearings on bank failures that have occurred this year, with each committee holding a...

May 17, 2023 The U.S. Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy held a hearing entitled, "Strengthening Accountability at the Federal...

U.S. Top Financial Regulators: Michael S. Barr, Vice Chair For Supervision of the Federal Reserve; Martin J. Gruenberg, Chair of Federal Deposit ...

New regulations to police the industry could backfire by undermining smaller lenders, Sen. Jon Tester of Montana cautioned.

May 16, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Examining the Failures of Silicon Valley Bank and Signature Bank."

But it may become harder to reject more banking consolidation as the industry continues to reel from interest rate hikes and deposit runs.

Executives from two large US banks that failed dramatically in March appeared in front of the Senate Banking Committee.

Nominating and confirming acting Comptroller Michael Hsu would solve a serious problem in a good way.