With an eye on retaking control of Congress, Democrats are introducing a bill that would hold banks accountable for their handling of Jeffrey Epstein’s finances.
Category: Senate Committee on Banking
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Midterms Could Shift Focus of Epstein Abuse to Banks’ Role
The New York Times – Business: -
Warsh Clears an Early Hurdle on Path to Fed Chair
The New York Times – Business:The Senate Banking Committee advanced Kevin Warsh’s nomination as Fed chair on Wednesday, teeing up the full chamber to hold a vote soon.
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Transition to a New Fed Chair Is Unlikely to Mean Immediate Rate Cuts
The New York Times – Business:The Federal Reserve is expected to hold interest rates steady this week as Jerome H. Powell presides over what is likely to be his last meeting as chair.
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The ‘Lasting Damage’ of Pirro’s Investigation of the Federal Reserve and Powell
The New York Times – Business:The Trump administration’s attacks on the Federal Reserve have rattled confidence in the central bank’s ability to operate independently before a leadership transition.
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Kevin Warsh, Trump’s Fed Pick, Has Tough Task Shedding ‘Sock Puppet’ Label
The New York Times – Business:Kevin M. Warsh, at his confirmation hearing to lead the Federal Reserve, sought to dispel doubts that he would yield to President Trump’s demand for lower rates.
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Kevin Warsh, Trump’s Fed Chair Pick, Faces Skepticism Over Claim of Independence
The New York Times – Business:Kevin Warsh’s nomination to lead the Federal Reserve could still be delayed by a Justice Department investigation into the current chair, Jerome H. Powell.
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Democrats Make Final Push to Delay Confirmation Hearing of Trump’s Fed Pick
The New York Times – Business:Kevin M. Warsh is scheduled to testify on Tuesday despite an ongoing criminal investigation into the chair of the Federal Reserve that stands in the way of a smooth transition.
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Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles
The New York Times – Business:Jerome H. Powell’s term as chair of the Federal Reserve ends on May 15, but it appears increasingly likely that he will stay on in some capacity at the central bank after that.
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Prosecutors Make Surprise Visit to Fed as Pirro Defends Investigation
The New York Times – Business:The Justice Department’s criminal inquiry into the Federal Reserve threatens to delay the confirmation of the next chair.
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Private-Credit Wobbles Could Prove Perilous for Trump
The New York Times – Business:The Trump administration is poised to broaden access to risky investments that are showing signs of strain.
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Justice Dept. Legal Threat Complicates Trump’s Pick for Fed Chair
The New York Times – Business:An investigation of the Federal Reserve was thwarted on Friday, but a department appeal could reimpose an obstacle in Kevin Warsh’s path.