Warren calls for investigation into the Fed amid banking turmoil

  • 📰 axios
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Sen. Elizabeth Warren called for an independent investigation into the Federal Reserve and the banking regulatory system during an appearance on ABC's 'This Week' Sunday.

"I'm calling for an independent investigation of the Fed and the whole regulatory system here. The fed doesn't just get to do its own investigation," Warren told the program.Congress should also curb the ability of the Fed to weaken regulations, she added.

The CEOs of failed banks must also be held accountable, in order to ensure that their bonuses and salaries can be clawed back and that they are banned from banking in the future, Warren added.during an appearance Sunday on NBC's "Meet the Press," telling the program that the "Fed doesn't just get to investigate itself.""One is to deal with monetary policy, one is to deal with regulation. He has failed at both," she said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

fxmacro Good idea 💡

I see she's getting ready to run for President again.

Treasury IG does a Material Loss Report after bank failures

Hmm. Must be the native American coming out in her

Warren's grandma told her they had a Libertarian ancestor, evidently.

Smartest thing I heard her say. Wonder if she knows the history of the Federal Reserve and who owns it. Not our government, I can tell you that.

Lol. Congress doesn’t tell banks what to do. The banks tell Congress what to do.

Is she going to investigate biden and the executive branch that caused this?

Of course, blame the federal reserve. Not the inflationary environment the Biden administration created.

_robertomotta cada notícia que vejo com ela me lembro da Gleise não sei porque

All of a sudden she’s a Republican. There’s been calls to audit the Fed for decades.

She's wondering why only American banks?

Why do they need an investigation. They raised rates too fast, just as people like Elizabeth Warren wanted them to do.

Absolutely

more hearings, more talk, while billions of taxpayer $$$ continue to flow to billionaires

She also blamed the whole thing on 45… It was soo fucking funny

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 302. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Warren Buffett talked to Biden White House about bank investment: reportWarren Buffett has been talking to the Biden White House about a possible investment in regional banks, report says This dude is still alive? Old “pennies on the dollar” Buffett is about to screw current shareholders out of their equity. Voting D is very profitable for Warren.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Warren Buffett talks banking crisis with Biden teamWarren Buffett has held discussions with the Biden administration to help in in the current financial crisis. And the usual suspects gather (again)… To “save” the banking system (again)… Using taxpayer money to bailout all their banker buddies (again)… Pardon me, if the wheeling out of Warren Buffett fails to infuse me with confidence. “My economic plan is working.” - Joe Biden. Guess it took Warren Barrett to tell him the truth. gathering of dinosaurs, reproducing the past means being led to relive it
Source: FoxBusiness - 🏆 458. / 53 Read more »