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On Thursday, October 1, the House Financial Services Committee conducted a hearing to examine the response of regulators to recent bank failures. During the hearing, Attorney General William Barr questioned witnesses about their efforts to prevent and respond to these failures. The witnesses included Jelena McWilliams, the Chair of the Federal Deposit Insurance Corporation (FDIC), Randal Quarles, the Vice Chair for Supervision at the Federal Reserve System, and Rodney Hood, the Chair of the National Credit Union Administration (NCUA). Barr's questioning centered on the causes of recent bank failures, how regulators identified these failures, and what actions were taken to prevent them. He also asked about the role of risk management and how it can be improved moving for
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)