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Two Senators, Warren and Machin, say president Obama needs to appoint people from Main Street to fill 2 vacancies on the Federal Reserve Board of Governors, so that the Fed can bring in different perspectives in conducting its new role of supervision of banks.
Grouped Articles
The Fed Needs Governors Who Aren’t Wall Street Insiders
Wall Street Journal 11/18/2014
New Scrutiny of Goldman's Ties to the New York Fed After a Leak
New York Times 11/19/2014
Fed Launches Review of Practices for Supervising Big Banks
Wall Street Journal 11/20/2014
New York Fed Is Criticized on Oversight
New York Times 11/21/2014
Lawmakers Lambaste New York Fed Chief on Lax Oversight
Wall Street Journal 11/22/2014
Under Dodd-Frank legislation the Fed was given the additional task of oversight of U.S. financial institutions. Gibson would play an important role in setting up stress tests for U.S. banks, regulatory supervision of banks, and representing th U.S. on the Basel committee.
Grouped Articles
The Power Behind the Throne at the Federal Reserve
New York Times 07/31/2013
Obama Presses Regulators to Finish Financial Rules
Wall Street Journal 08/20/2013
Fed Boosts Pressure on Banks Over Capital Levels
Wall Street Journal 08/20/2013
Obama Presses for Action on Bank Rules
New York Times 08/19/2013
Fed Publishes 'Stress Test' Procedures
Wall Street Journal 11/10/2013
Wall Street Adapts to New Regulatory Regime
Wall Street Journal 07/22/2014
Grouped Articles
Inside a Warier Fed, Watch the New Guy
Wall Street Journal 03/18/2013
Fed Split Over How Long To Keep Cash Spigot Open
Wall Street Journal 02/20/2013
Fed Boosts Pressure on Banks Over Capital Levels
Wall Street Journal 08/20/2013
Fed Launches Review of Practices for Supervising Big Banks
Wall Street Journal 11/20/2014
After Criticism, Fed Will Study Wall St. Oversight
New York Times 11/20/2014
New York Fed Is Criticized on Oversight
New York Times 11/21/2014
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