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The Latest Breaking News from Senate Banking

Senate Banking backs McKernan’s nomination for CFPB director - Roll Call

The Senate Banking Committee backed a nominee to lead the Consumer Financial Protection Bureau who has pledged to keep the agency open.

Roll Call

CFPB nominee promises to keep agency open but downsize it - Roll Call

The nominee to lead the CFPB told senators Thursday he would keep the agency open but also reduce its size.

Roll Call

Trump's choice to lead CFPB, McKernan, left FDIC Monday - Roll Call

President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the agency.

Roll Call

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Senate Banking approves Turner for HUD along party lines - Roll Call

The Senate Banking Committee backed former NFL player Eric Scott Turner to become Housing and Urban Development secretary.

Roll Call

Trump picks Paul Atkins, a former commissioner, to lead the SEC - Roll Call

Paul Atkins, a former member of the Securities and Exchange Commission has been chosen by President-elect Donald Trump to chair the agency.

Roll Call

Scott eyes Banking gavel, NRSC if Republicans take Senate - Roll Call

Sen. Tim Scott is eying the Senate Banking chairmanship in the next Congress if Republicans take the majority.

Roll Call

Tim Johnson, former Senate Banking chair, dies at age 77 - Roll Call

Former Sen. Tim Johnson, D-S.D., who served nearly three decades and chaired the Senate Banking Committee, has died at the age of 77.

Roll Call

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Vance says Republicans are done ‘catering to Wall Street’ - Roll Call

Sen. JD Vance, the GOP nominee for vice president, is done ‘catering to Wall Street’ and puts financial issues in a social context.

Roll Call

Senators, CFPB director spar over proposed credit card fee limit

WASHINGTON — Consumer Financial Protection Bureau Director Rohit Chopra on Tuesday defended the agency’s proposal to lower credit card late fees against criticism from Republicans at a Senate Banking hearing.

Tribune News Service

Lawmakers from both parties skeptical of legislation over SVB - Roll Call

President Biden's call for a legislative response to the SVB collapse is meeting skepticism from members of both parties on Capitol Hill.

Roll Call

Post-mortems begin on Silicon Valley Bank failure - Roll Call

Biden's comments about SVB added to scrutiny of a 2018 law that eased banking requirements, but it's not clear that's what cause the failure

Roll Call

Debt limit action needed by mid-August, analysts warn. Here are 5 possible scenarios

WASHINGTON — Economists at Moody’s Analytics estimate that the Treasury Department will run out of borrowing room by mid-August if Congress doesn’t act to raise or suspend the statutory debt limit by then.

Tribune News Service

Debt limit action needed by mid-August, analysts warn

Economists at Moody’s Analytics estimate that the Treasury Department will run out of borrowing room by mid-August if Congress doesn’t act to raise or suspend the statutory debt limit by then.

Tribune News Service

Debt limit action needed by mid-August, analysts warn - Roll Call

Economists at Moody’s Analytics estimate that the Treasury Department will run out of borrowing room by mid-August if Congress doesn’t act.

Roll Call

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Roll Call

Senate pressure mounts on Biden to nominate first Latino to Fed - Roll Call

Several Senate Banking Committee Democrats are pushing President Joe Biden to nominate a Latino for the Federal Reserve Board.

Roll Call

Senate confirms Gruenberg as FDIC chair, two others to join board

In two votes Monday, the Senate confirmed three members of the FDIC board and one of them, Martin Gruenberg, to become chairman.

Roll Call

Senate Banking Democrats plan bigger role in crypto legislation - Roll Call

Sen. Sherrod Brown says a bill supported by Sens. Stabenow and Boozman is too favorable to the crypto industry.

Roll Call

Banking Republicans to press Gensler on SEC climate rule, cryptocurrencies - Roll Call

Senate Banking Republicans are prepared to sharply question SEC Chairman Gary Gensler on Thursday about rules on environmental disclosure.

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Roll Call

Senate Democrats say buy now, pay later products lack oversight

Senate Banking Democrats see the specter of the 2008 financial crisis in emerging products that lack protections, such as buy now, pay later.

Tribune News Service

Democrats blast Commerce Department for overseeing heavy increase in gun exports

WASHINGTON — Democrats in the House and Senate are rebuking the Biden administration over a decision to leave in place a Trump-era regulatory change that detractors argue caused gun exports to soar, including to countries with poor human rights track records.

Roll Call

Democrats blast Commerce for overseeing heavy increase in gun exports - Roll Call

Countries with high rates of gun violence and problematic human rights records are among the top destinations for U.S. firearms.

Tribune News Service

Senate confirms Lisa Cook as the first Black woman on the Federal Reserve Board

WASHINGTON — The Senate voted Tuesday to confirm Lisa Cook as the first Black woman to join the Federal Reserve Board.

Roll Call

Senate confirms Lisa Cook as the first Black woman on the Federal Reserve Board - Roll Call

The Senate voted Tuesday to confirm Lisa Cook for the Federal Reserve Board. She will be the first Black woman on the board.

Tribune News Service

Senate confirms Brainard as Fed vice chair but COVID-19 trips Democrats on Cook vote

The Senate voted 52-43 Tuesday to confirm Lael Brainard, a member of the Federal Reserve board, to become vice chair, but fell short of the votes needed to move forward with Lisa Cook’s nomination to join the board.

Roll Call

Senate confirms Brainard as Fed vice chair but COVID-19 trips Democrats on Cook vote - Roll Call

Lisa Cook, who would become the first Black woman to join the Fed board, encountered another obstacle in COVID-19 cases among Democrats.

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