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July 26, 2023
Sen. Elizabeth Warren (D-Mass.) and Sen. Rick Scott (R-Fla.) on Monday made an official request for salary details of the Federal Reserve’s inspector general and raised concerns about the potential conflicts of interest inherent in the structure of the position. In the letter, which was addressed to Federal Reserve Inspector General Mark Bialek, Warren and…
July 25, 2023
Republican Senator Rick Scott and Democrat Elizabeth Warren have asked for salary information from the Fed's Inspector General, who serves as the central bank's watchdog, as they criticized the current system amid a push to make the role independent, according to a letter seen by Reuters on Tuesday. Republicans and Democrats in Congress have pledged tighter oversight of banking regulators following the collapse of Silicon Valley Bank and Signature Bank. The Federal Reserve is respons...
July 25, 2023
By David Morgan and Costas Pitas WASHINGTON (Reuters) - Republican Senator Rick Scott and Democrat Elizabeth Warren have asked for salary information ...
July 25, 2023
Republican Senator Rick Scott and Democrat Elizabeth Warren have asked for salary information from the Feds Inspector General, who serves as the central banks watchdog, as they criticized the...
July 25, 2023
By David Morgan and Costas Pitas WASHINGTON (Reuters) - Republican Senator Rick Scott and Democrat Elizabeth Warren have asked for salary information ...
July 25, 2023
U.S. senators across the aisle warned that the Federal Reserve's Inspector General could have a financial incentive to not properly investigate other Fed officials.
July 25, 2023
Republican U.S. Senator Rick Scott and Democrat Elizabeth Warren have asked for salary information from the Federal Reserves inspector general, the central banks watchdog, in a push to make the role...
June 15, 2023
All 12 regional Federal Reserve banks released financial information from their presidents on Thursday, including new errors that Federal Reserve Bank of Atlanta President Rafael Bostic acknowledged. Such disclosures have taken on increased significance after a slew of scandals in recent years.
May 20, 2023
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 19, 2023
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...