The legislation’s progress is all the more surprising because it addresses an issue that is shaping up to be the main battleground of the midterm elections: affordability. The effort could still stall.
Category: Senate Committee on Banking
-
Bessent Pushes Senate on Fed Confirmation Amid Backlash Over Criminal Inquiry
President Trump’s effort to get Kevin M. Warsh confirmed as the next Federal Reserve chair has been complicated by a criminal investigation into Jerome H. Powell.
-
Coinbase and the Crypto Revolt Against a Crypto Bill
Legislation to establish a regulatory framework for digital tokens has been thrown into turmoil — by one of its biggest champions.
-
What to Know About the Criminal Investigation of Fed Chair Jerome Powell
The Justice Department’s probe into whether Jerome H. Powell, the chair of the Federal Reserve, lied about renovations to the central bank’s headquarters has raised alarms.
-
Stephen Miran, Trump’s Pick for Fed, Says He Will Preserve Its Independence
Stephen Miran is scheduled to face members of the Senate Banking Committee on Thursday as the administration steps up its attacks on the Federal Reserve.
-
How the Crypto Industry’s Political Spending Is Paying Off
Federal lawmakers who benefited from crypto largess in the 2024 election are speedily advancing the industry’s agenda.
-
Fed Chair Faces Lawmakers at a Critical Juncture
Jerome H. Powell is set to testify as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.
-
Why Lobbyists Are Still Fighting Congress on Money Laundering
A law to require disclosure of corporate ownership takes effect Jan. 1. Small businesses and banks say it would be too burdensome and are turning to lobbying and the courts to delay or block it.
-
Senate Republicans Grill S.E.C. Chair on Pace of Rule Making
Gary Gensler told a Senate Banking Committee that he was not pushing through new rules without giving businesses time to respond.
-
Divvy Wants to Make Rent-to-Own Deals Easy. Many Customers Find Them Hard.
The start-up’s innovative business model has helped some renters save for a down payment on their home, but others have walked away frustrated by the company.
-
What Businesses Can Learn from Antony Blinken’s China Trip
The secretary of state’s visit raised hopes that the world’s two biggest economies might stabilize relations, but the biggest challenges were not unresolved.
-
Regulators Rebut Claims by Silicon Valley Bank’s Ex-C.E.O.
The bank had not fixed its problems before it failed, they said. Its leader was not excluded from the sale process.