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.

Roll Call · Sep 13, 2022

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 · Jul 25, 2022

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.

Roll Call · Jul 25, 2022

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 · Mar 29, 2022

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.

Roll Call · Mar 29, 2022

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.

Roll Call · Mar 16, 2022

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 · Feb 15, 2022

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.

Roll Call · Feb 15, 2022

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 · Feb 15, 2022

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.

Roll Call · Feb 14, 2022