Sam Bankman-Fried will testify before Congress Uncertainty looms over next week’s hearings on FTX’s collapse. Fortune · Dec 9, 2022
Senate Banking Committee: Sam Bankman-Fried will be subpoenaed if he doesn’t agree to attend FTX hearing After weeks of waffling, the disgraced FTX founder faces an ultimatum. Fortune · Dec 8, 2022
Wringing its hands over FTX's collapse, Washington hopes to prevent more crypto pain Congress, which has been unable to pass comprehensive crypto legislation, is digging into what happened as regulators try to police the new, mysterious world of virtual currencies with old laws. WEKU · Nov 22, 2022
Senate bill would boost alternative assets in 401(k) plans WASHINGTON — A new bill from top Republicans on the Senate Banking Committee aims to open workplace retirement plans to a bigger range of investments, making it easier for 401(k) plans to diversify with holdings in private equity, hedge funds, real estate, cryptocurrencies and other alternative assets. Tribune News Service · Sep 29, 2022
Jerome Powell Tells Congress The Fed Is 'Moving Expeditiously' To Fight Inflation Federal Reserve Chair Jerome Powell rehashed the central bank's desire to cool down inflation on Wednesday as part of a congressionally mandated semiannual report on monetary policy. Benzinga · Jun 22, 2022
Senate approves Lisa Cook as first Black woman on Federal Reserve board of governors Cook is only the second of Biden's five nominees for the Fed to win Senate confirmation. His Fed choices have faced an unusual level of partisan opposition. WEKU · May 11, 2022
Senate approves Lisa Cook as first Black woman to Fed post The Senate has confirmed Michigan State economist Lisa Cook to serve on the Federal Reserve’s board of governors The Independent UK · May 10, 2022
Senate confirms Brainard as Fed vice chair but COVID-19 trips Democrats on Cook vote - Roll Call Lisa Cook, who would become the first Black woman to join the Fed board, encountered another obstacle in COVID-19 cases among Democrats. Roll Call · Apr 26, 2022
Who Is Standing In The Way Of Marijuana Legalization? GOP Support For Cannabis Growing Though Slowly Senate Majority Leader Chuck Schumer (D-NY) recently revealed that in a joint effort with his colleagues, he plans to reach out to Republican senators to find out what "they want" to see included in Benzinga · Apr 12, 2022
Powell and 3 other nominees to Fed posts clear Senate panel The Senate Banking Committee has approved Jerome Powell’s nomination to a second four-year term as chair of the Federal Reserve The Independent UK · Mar 17, 2022
This Day In Market History: John Galbraith Congressional Testimony Angers Investors Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On March 8, 1955, Harvard economics professor John Galbraith told the Senate Banking Committee the stock market was overheating, sending the Dow crashing 2%. Benzinga · Mar 8, 2022
Senate Republicans threaten to delay vote on Fed nominees The top Republican on the Senate Banking Committee said that his party’s members will boycott a vote by the panel scheduled for Tuesday afternoon on President Joe Biden’s nominees to the Federal Reserve, potentially delaying confirmation of a second term for Chair Jerome Powell, who is serving in an acting… The Independent UK · Feb 15, 2022
Senate Banking to vote on nominees who would give Fed historic race and gender diversity President Joe Biden’s effort to build a more diverse, climate-conscious Federal Reserve faces its first hurdle Tuesday as the Senate Banking Committee votes on whether to advance five nominees to the full Senate for consideration. Tribune News Service · Feb 15, 2022