Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from the Senate Banking Committee

Vance says Republicans are done ‘catering to Wall Street’ - Roll Call

Sen. JD Vance, the GOP nominee for vice president, is done ‘catering to Wall Street’ and puts financial issues in a social context.

Roll Call

Federal Reserve Considers Cutting Interest Rates Amid Cooling Job Market

Federal Reserve considers shifting focus from inflation to job market due to cooling economy.

Top News

Federal Reserve faces a cooling job market as Chairman Powell suggests move towards cutting interest rates

The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in written testimony Tuesday, a shift in emphasis away from the Fed’s single-minded fight against inflation that suggests it's moving closer to cutting interest rates

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Powell, CPI and Other Can't Miss Items this Week

This week the news is mostly backloaded to the second half of the week with PPI, CPI, and Sentiment all due out as well as bank earnings starting on Friday.

Barchart

FDIC chair is grilled on Capitol Hill after report outlines agency's toxic workplace culture

Federal Deposit Insurance Corp. Chairman Martin Gruenberg is sitting for a second day of grilling on Capitol Hill, this time at the Senate Banking Committee, after a damning report about the agency’s toxic workplace culture was released last week

The Independent UK

Sen. Gillibrand wants her fellow Democrats to get on board with crypto legislation

Digital asset regulation has become a partisan issue, especially as a government shutdown looms.

Fortune

‘Most comprehensive proposal to date’: Lummis and Gillibrand to reintroduce landmark crypto bill

The long-awaited legislation would tackle thorny questions like market structure and stablecoin oversight.

Fortune

Read news from The Economist, FT, and more,
with one subscription

Biden's 3 Federal Reserve nominees appear likely to win Senate approval

President Joe Biden’s three nominees for the Federal Reserve’s Board of Governors pledged to fight inflation during a confirmation hearing that drew only modest pushback from Republican members of the Senate Banking Committee

The Independent UK

Markets Doubt FOMC Will Follow Through on its Forecast for +50 bp Rate Hike

Fed Chair Powell today presented his semi-annual testimony before the House Financial Services Committee. Mr. Powell will appear Thursday before the Senate Banking Committee and repeat his prepared testimony, although he will answer different questions from panel members. Mr. Powell’s prepared statement today was in line with his comments last...

Barchart

Powell To Face Congress Amid Criticism Over Fed’s Policy Stance

Questions on interest rates, banking regulation, and inflation to be raised during Powell's testimony.

Zenger

Bipartisan interest in new deposit insurance cap, but for whom? - Roll Call

Lawmakers are talking about raising the deposit insurance cap, but don't have consensus about how to do it.

Roll Call

A chance reunion at a fundraiser sent Glenn Ivey to the Hill; now he’s back as a member

WASHINGTON — Maryland Democratic Rep. Glenn F. Ivey got his start on Capitol Hill with a conversation about jazz. After blanketing members of the Congressional Black Caucus with his résumé, Ivey landed an interview with one of its founders, Democratic Rep. John Conyers Jr. of Michigan. Instead of talking politics,…

Tribune News Service

A chance reunion at a fundraiser sent Glenn Ivey to the Hill; now he's back as a member - Roll Call

Freshman Rep. Glenn Ivey returns to D.C. having worked for John Conyers, Paul Sarbanes and former Senate Minority Leader Tom Daschle.

Roll Call

5 things we learned from the Senate hearing on the Silicon Valley Bank collapse

A top federal regulator called the failure of Silicon Valley Bank a "textbook case of bank mismanagement" during a Senate hearing about what led to its spectacular collapse

WEKU

Get all your
news in one place.

100’s of premium titles.
One news app.

The Independent UK

Fed official: SVB itself was main cause of bank's failure

The nation’s top financial regulator is asserting that Silicon Valley Bank’s own management was largely to blame for the bank’s failure earlier this month and says the Federal Reserve will review whether a 2018 law that weakened stricter bank rules also contributed to its collapse

Tribune News Service

Lawmakers open to Biden’s call to claw back SVB executive pay

WASHINGTON — President Joe Biden’s call for legislation that would allow regulators to claw back executive bonuses and stock sale proceeds in the lead up to the Silicon Valley Bank collapse has found a receptive audience on Capitol Hill.

Roll Call

Lawmakers open to Biden’s call to claw back SVB executive pay - Roll Call

Lawmakers from both parties are open to executive compensation clawback legislation after the failure of SVB and Signature Bank.

StockNews.com

Making Sense of a Wild Week in the Markets

It's been another doozy of a week for the S&P 500 (SPY). We had Fed Chair Jerome Powell giving his semiannual testimony before the Senate Banking Committee. We had the latest job openings summary from January. We had a surprise run on a bank in Silicon Valley push the entire…

Get all your
news in one place.

100’s of premium titles.
One news app.

1 2

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the Senate Banking Committee

43 stories

Senate Banking

39 stories

Senate Banking Committee

31 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.