The Senate Banking Committee advanced nominees for Federal Reserve Board Vice Chair and FRB Members of the Board of Governors.
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The Senate Banking Committee questioned nominees for Federal Reserve Board Vice Chair and Board Governor.
Senator Pat J. Toomey (R-PA) and Senator Bill Hagerty (R-TN) introduced the CFPB Stability Act, a bill that would change the composition of the agency and subject it to the regular congressional appropriations process.
Industry groups, regulators and elected officials submitted feedback on the SEC's proposed disclosure requirements regarding cybersecurity risk management, governance, strategy and incident reporting by public companies.
In a 54-40 vote, the U.S. Senate confirmed Lael Brainard to a four-year term as Vice Chair of the Board of Governors of the Federal Reserve System.