Morning Scan: Fed Oversight Under Fire; BofA Investors Protest CEO&#...

Receiving Wide Coverage ...

Fed on the Hot Seat: The Federal Reserve's public image took a few hits last week as the Senate held hearings questioning whether the regulator is too lenient on the banks it oversees. The New York Times' Gretchen Morgenson writes these inquiries are "absolutely justified" and suggests policymakers seize the moment to push for more transparency around bank examinations. A Yale professor tells Morgenson that if the Fed made public the mathematical...