Regulatory Activity President Obama Names Pick for New Fed Chair President Barack Obama announced last Wednesday, October 9 that he would nominate current Federal Reserve (the Fed or the Reserve) Vice Chair Janet Yellen to replace outgoing Chairman Ben Bernanke. The President’s announcement comes after several weeks of tense debate on who should be nominated to … Continue Reading
Legislative Activity Senate Banking Committee Approves SEC, FHFA, CEA, and NCUA Nominees On July 18, the Senate Banking committee approved via voice vote the nominations of Ms. Kara Stein and Dr. Michael Piwowar to be Commissioners of Securities and Exchange Commission (SEC), of Mr. Richard Metsger to be a Member of the National Credit Union … Continue Reading
