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Lawmakers Lambaste New York Fed Chief on Lax Oversight

Wall Street Journal Original article ›

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U.S. Federal Reserve's supervision of banks and the need for Fed Governors from Main Street

11/18/2014

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

Michael Gibson, new chief of the U.S. Federal Reserve's regulatory division

01/21/2010

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


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