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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.
Republican U.S. Senator Rick Scott and Democrat Elizabeth Warren have asked for salary information from the Federal Reserve's inspector general, the central bank's watchdog, in a push to make the role...
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.
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.
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...