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...
Read MoreHFSC 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...
Read MoreSenate 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...
Read MoreCFPB’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...
Read MoreTreasury 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...
Read MoreOn 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...
Read MoreOn March 15, President Joe Biden signed the Consolidated Appropriations Act, 2022 – also known as the “omnibus” government funding bill – into law. The bill included the Adjustable Interest Rate (LIBOR) Act, a bipartisan bill that...
Read MoreIn an op-ed for Credit Union Times, SFA’s Head of Research Elen Callahan argues “private capital invested with CDFIs can create a stable, long-standing source of financing for underserved communities and promote a financially inclusive economy.” The...
Read MoreOn Thursday, March 10, the U.S. Securities and Exchange Commission (SEC) announced their plan to “consider whether to propose amendments that would enhance and standardize registrants’ climate-related disclosures for investors” during a meeting that will...
Read MoreDuring a speech at the American Bankers Association’s Washington Summit, House Financial Services Committee Ranking Member Patrick McHenry (R-NC) promised a reversal of Democratic financial and banking policy priorities should control of the House of...
Read MoreThursday evening, the Senate passed the Consolidated Appropriations Act, 2022 – also known as the “omnibus" government funding bill. The omnibus included the bipartisan Senate LIBOR bill, the Economic Continuity and Stability Act, which was...
Read MoreOn March 2, Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee at a hearing entitled, “Monetary Policy and the State of the Economy.” In his testimony he addressed policy issues around...
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