Legislative Activity Lawmakers to Focus on Federal Reserve, Housing This week, Janet Yellen, Chair of the Board of Governors of the Federal Reserve System, will testify before the Senate Banking and House Financial Services Committees on monetary policy and the state of the economy. Chair Yellen’s remarks come as lawmakers continue to call for reform … Continue Reading
Legislative Activity Lawmakers May Extend TRIA and Consider Insurance Capital Standards in the Lame Duck As Congress returns to Washington, lawmakers may focus on a few agenda items beyond appropriations legislation. Particularly, Congress may look at reauthorizing the Terrorism Risk Insurance Act (TRIA), at least through a short-term extension. Earlier this year, the House Financial … Continue Reading
Legislative Activity Representative Garrett Introduces FSOC Transparency Legislation On Thursday, April 3, House Financial Services Subcommittee on Capital Markets Chairman Scott Garrett (R-NJ) introduced legislation to increase transparency at the Financial Stability Oversight Council (FSOC). The legislation would allow all members of the Commissions and Boards represented in FSOC to participate in meetings and vote. The … Continue Reading
