Stay updated with breaking news from Gregory Becker. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
President Joe Biden's point man on financial oversight, Michael Barr, said Monday that bank stresses from earlier this year warranted a need for stronger capital controls.
House Oversight Committee Chairman James Comer (R-Ky.) pressed Federal Reserve Chairman Jerome Powell for information as his panel probes the collapse of Silicon Valley Bank (SVB), alleging the agency has been insufficiently responsive to previous requests. In a Monday letter to Powell, Comer and Rep. Lisa McClain (R-Mich.), chair of the subcommittee on Health Care…
President Joe Biden's point man on financial oversight, Michael Barr, said Monday that bank stresses from earlier this year warranted a need for stronger capital controls.
Stresses in the U.S. banking system early this year were cause for concern, but poor management from a few banks does not dictate monetary policy, Federal Reserve Gov. Christopher Waller said Friday.
Christine Merritt scored 1st Place in the July/August 2023 American Songwriter Lyric Contest for her song “Painting Pickets.”