Skip to main content

Posts

Showing posts with the label Hensarling

Barr Cross-Examines Witnesses during Hearing on Regulatory Reaction to Latest Bank Collapses.

... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing 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...