Category Archives: Capitol Hill

Chair Gensler Testifies Before Congress on Additional SEC Funding On May 18, Securities and Exchange Commission (SEC) Chair Gary Gensler testified before the House Appropriations Subcommittee on Financial Services. The hearing concentrated on budget and...

Secretary Yellen Testifies before Congress for FSOC Annual Report On Tuesday May 10 and Thursday, May 12, Treasury Secretary Janet Yellen testified before the Senate Banking Committee and House Financial Services Committee respectively, as part...

Julia Gordon Confirmed as FHA Commissioner After a long and contentious confirmation process, which began in June 2021, the Senate confirmed Julia Gordon as Commissioner of the Federal Housing Administration (FHA) on May 11. The...

Senate Confirms Jay Powell, Lisa Cook and Philip Jefferson to Federal Reserve Board On May 12, the Senate confirmed Jay Powell to his second term as Chair of the Federal Reserve by a vote of...

HFSC Subcommittee Holds Hearing on Bond Rating Agency Practices On Wednesday, May 11, the House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets held a hearing titled, “A Notch Above? Examining the Bond...

Senate Confirms Brainard as Fed Vice Chair On April 26, Federal Reserve Governor Lael Brainard was confirmed by the Senate to become the central bank’s Vice Chair with a 52-43 vote. Brainard has served as...

CFPB’s Chopra Testifies Before SBC and HFSC for a Semi-Annual Report to Congress On April 26, Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra testified before the Senate Banking Committee for a Semi-Annual Report to...

Treasury Secretary Testifies Before HFSC on State of Global Financial System On April 6, Treasury Secretary Janet Yellen testified before the House Financial Services Committee (HSFC) in a hearing entitled, “The Annual Testimony of the...

On March 29, the U.S. Senate voted to advance the nomination of Lisa Cook to serve on the Federal Reserve Board of Governors out of the Senate Banking Committee. Since the committee vote on her...