Warren says leveraged lending lapses invite new crisis
Sen. Elizabeth Warren said regulators are failing to respond to what she thinks could be a new meltdown in the making: the trillion-dollar market for leveraged loans. ... Read full article
Sen. Elizabeth Warren said regulators are failing to respond to what she thinks could be a new meltdown in the making: the trillion-dollar market for leveraged loans. ... Read full article
The Senate is poised to confirm Kansas Banking Commissioner Michelle Bowman to the Federal Reserve Board. But the nominations for the two other open seats are still in limbo. ... Read full article
In a highly anticipated proposal, the central bank outlined a new approach for its post-crisis supervisory program that divides banks into different tiers based on size. ... Read full article
In a letter Monday to Federal Reserve Board Chairman Jerome Powell, the four House Democrats argued that the nation’s aging payments system is contributing to economic inequality. ... Read full article
The Federal Reserve Board’s meeting to discuss supervisory standards for midsize institutions will be closely watched by regulatory relief advocates and those who want the Fed to maintain its firm hand. ... Read full article
Legendary former central banker Paul Volcker praised Jerome Powell as the current Federal Reserve chairman faces fire from President Donald Trump for raising interest rates. ... Read full article
The central bank will hold an open meeting Oct. 31 to discuss changes to the enhanced supervisory regime as required by the regulatory relief bill passed in May. ... Read full article
Sen. Elizabeth Warren is opening a new front in a campaign against a familiar foe — demanding that the Federal Reserve keep its restrictions on Wells Fargo until Chief Executive Officer Tim Sloan is removed. ... Read full article
Main Street and Wall Street banks show strong earnings gains over last year; the president calls the Fed’s rate raising policies “my biggest threat.” ... Read full article
President Donald Trump said he won't fire Federal Reserve Chairman Jerome Powell but blamed an "out of control" U.S. central bank for the worst stock market sell-off since February. ... Read full article
For more than a year, the central bank has been under pressure to speed the development of a real-time payment system. But it faces tough questions about what its own role should be. ... Read full article
Republicans are calling on the central bank to relieve all banks with less than $250 billion of assets from enhanced supervision that was established after the crisis. ... Read full article
Another regulator has already gone out on its own with an advance notice of proposed rulemaking. But, Powell said, "It’s a process and we’re very much interested in pushing forward.” ... Read full article
Whereas most regulators appointed in the Trump administration are focused on rolling back the post-crisis framework, Nellie Liang helped create it. ... Read full article
Federal Reserve Chairman Jerome Powell said the fundamentals of the U.S. economic expansion look strong and support the case for continued gradual interest-rate increases. ... Read full article
As director of the Fed's Division of Research and Statistics, David Wilcox is responsible for briefing the Federal Open Market Committee on the outlook for the national economy. ... Read full article
Lawmakers fear that regional banks could still get stung as the central bank implements a new law meant to ease their burden. ... Read full article
Echoing House members, five Republican senators called on the Federal Reserve Board to rethink its surcharge in order to eliminate “excessive” capital requirements. ... Read full article
The Federal Reserve’s forthcoming rules for banks with assets of $100 billion-$250 billion hinge on their perceived risk to the financial system. ... Read full article
In a letter to heads of five Federal regulators, Sens. Elizabeth Warren, Sherrod Brown and Jeff Merkley say the public should know the impact of Volcker in light of proposed changes. ... Read full article