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The Latest Breaking News from Senate Banking

Senate Democrats say buy now, pay later products lack oversight

Senate Banking Democrats see the specter of the 2008 financial crisis in emerging products that lack protections, such as buy now, pay later.

Democrats blast Commerce Department for overseeing heavy increase in gun exports

WASHINGTON — Democrats in the House and Senate are rebuking the Biden administration over a decision to leave in place a Trump-era regulatory change that detractors argue caused gun exports to soar, including to countries with poor human rights track records.

Tribune News Service

Democrats blast Commerce for overseeing heavy increase in gun exports - Roll Call

Democrats blast Commerce for overseeing heavy increase in gun exports - Roll Call

Countries with high rates of gun violence and problematic human rights records are among the top destinations for U.S. firearms.

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Senate confirms Lisa Cook as the first Black woman on the Federal Reserve Board

WASHINGTON — The Senate voted Tuesday to confirm Lisa Cook as the first Black woman to join the Federal Reserve Board.

Tribune News Service

Senate confirms Lisa Cook as the first Black woman on the Federal Reserve Board - Roll Call

The Senate voted Tuesday to confirm Lisa Cook for the Federal Reserve Board. She will be the first Black woman on the board.

Senate confirms Brainard as Fed vice chair but COVID-19 trips Democrats on Cook vote

The Senate voted 52-43 Tuesday to confirm Lael Brainard, a member of the Federal Reserve board, to become vice chair, but fell short of the votes needed to move forward with Lisa Cook’s nomination to join the board.

Tribune News Service

Senate confirms Brainard as Fed vice chair but COVID-19 trips Democrats on Cook vote - Roll Call

Lisa Cook, who would become the first Black woman to join the Fed board, encountered another obstacle in COVID-19 cases among Democrats.

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Cook inches toward Fed as Senate votes to discharge nomination

Lisa Cook cleared another hurdle toward becoming the first Black woman to join the Federal Reserve Board as the Senate on Tuesday voted to discharge her nomination from committee.

Tribune News Service

Cook inches toward Fed as Senate votes to discharge nomination

Cook inches toward Fed as Senate votes to discharge nomination

Bringing Lisa Cook's nomination to the floor from the Senate Banking panel opened a path to confirm the first Black woman on the Fed.

Senate Banking advances Powell, two other Fed nominees after Raskin withdrawal - Roll Call

Senate Banking advances Powell, two other Fed nominees after Raskin withdrawal - Roll Call

Senate Banking Republicans provided the quorum the panel needed Wednesday to vote on Fed Chair Jerome Powell and other nominees.

Senate Banking Republicans to skip vote on Fed nominees to protest Raskin

Senate Banking Republicans said Tuesday they would block a committee vote on whether to advance five Federal Reserve Board nominees until they get more information about Sarah Bloom Raskin’s involvement in a fintech company.

Tribune News Service

Senate Banking Democrats back Fed nominees, but GOP absence means it won't count - Roll Call

Senate Banking Democrats back Fed nominees, but GOP absence means it won't count - Roll Call

Senate Banking Republicans skipped a vote Tuesday on five Fed nominees to block Sarah Bloom Raskin's advance.

Senate Banking to vote on nominees who would give Fed historic race and gender diversity

President Joe Biden’s effort to build a more diverse, climate-conscious Federal Reserve faces its first hurdle Tuesday as the Senate Banking Committee votes on whether to advance five nominees to the full Senate for consideration.

Tribune News Service

Panel to vote on noms who would give Fed historic race, gender diversity

Panel to vote on noms who would give Fed historic race, gender diversity

Senate Banking will vote Tuesday on five Fed nominees who, if confirmed, would give the central bank historic race and gender diversity.

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Tester says he's reviewing Fed nominee Raskin as Senate Banking approaches vote - Roll Call

Senate Republicans are questioning Fed nominee Sarah Bloom Raskin's work for a fintech company when she was on its board.

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