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...
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...
Read MoreOn March 2, Senators Tester (D-MT), Tillis (R-NC), Brown (D-OH), and Toomey (R-PA) introduced the Economic Continuity and Stability Act, companion legislation to the House bill passed by a vote of 415 to 9 in...
Read MoreOn February 15, the Senate Banking Committee (SBC) held a markup to advance President Joe Biden’s five nominees to the Federal Reserve Board of Governors including Jerome Powell to serve a second term as Fed...
Read MoreOn Tuesday, January 11, the Senate Banking Committee held a hearing on the re-nomination of Jerome Powell to serve a second term as Chairman of the Federal Reserve Board of Governors. While Powell has support...
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