Tag Archives: US Federal Reserve

Public Policy Daily Briefing – June 26, 2020

With the House of Representatives and Senate deadlocked over competing versions of police reform legislation, a divided Washington has failed, at least for the moment, to heed the national call for action on racial injustices that emerged from the killing of citizen George Floyd. The division could portend failure ahead on other urgent matters of … Continue Reading

TRIA Reauthorization Bill; House Introduce Housing Finance Reform Bill & FHFA Proposes New Mortgage Insurance Rules

Legislative Activity Senate to Vote on TRIA Reauthorization Bill, Federal Reserve Membership This week, the Senate is expected to consider a bill (S. 2244) that would reauthorize the Terrorism Risk Insurance Act (TRIA) for seven years, while making few changes to the current program.  On July 10, Senate leadership agreed to a list of four … Continue Reading

Vote on CFTC Reauthorization Bill; Confirmation of Federal Reserve Nominees & TRIA Bill

Legislative Activity House to Vote on CFTC Reauthorization Bill This week, the House of Representatives is expected to take up H.R 4413, a bill that would reauthorize the Commodity Futures Trading Commission (CFTC) through September 2018. On June 13, House Rules Committee Chairman Pete Sessions(R-TX) asked Members to submit any amendments by Tuesday, June 15. The House bill would make several changes to the Dodd-Frank Wall Street … Continue Reading

Garrett Introduces FSOC Transparency Legislation & Governor Stein Steps Down from Federal Reserve

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

House Passes Flood Insurance Legislation & White House Releases FY2015 Budget Proposal

Legislative Activity Senate to Hold Hearing on Federal Reserve Nominees This Thursday, March 13, the Senate Banking Committee will hold a hearing on various nominations to the Federal Reserve Board, including the nomination of Stanley Fischer, former Bank of Israel Governor, to be Vice Chairman. The committee will also consider the nominations of former U.S. Treasury … Continue Reading

President Obama Names Pick for New Fed Chair

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

Senate Nominations & SIFIs

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
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