US senators seek salary information from Fed's inspector general
- Senators Elizabeth Warren and Rick Scott have requested salary details of the Federal Reserve's inspector general and expressed concerns about potential conflicts of interest in the current structure of the position.
- Warren and Scott are advocating for legislation that would make the inspector general a Senate-confirmed position and independent from the agency it oversees.
- The senators have set a deadline for a response from the inspector general regarding salary and bonus information for the past five years, as well as any audits or inspections related to the 12 Federal Reserve officials.
8 Articles
8 Articles
Elizabeth Warren and Rick Scott team up against Fed's inspector general
The headquarters of the Federal Reserve Bank is seen at sunrise in Washington Saturday, May 24, 2008. (AP Photo/J. David Ake) (AP Photo/J. David Ake) Elizabeth Warren and Rick Scott team up against Fed's inspector general Emily Jacobs July 25, 09:11 PM July 25, 09:11 PM Video Embed Sens. Elizabeth Warren (D-MA) and Rick Scott (R-FL) are demanding that the Federal Reserve’s inspector general disclose hi…
Sens. Warren, Rick Scott push for Fed inspector general’s salary details
Sen. Elizabeth Warren (D-Mass.) and Sen. Rick Scott (R-Fla.) on Monday made an official request for salary details of the Federal Reserve’s inspector general and raised concerns about the potential conflicts of interest inherent in the structure of the position. In the letter, which was addressed to Federal Reserve Inspector General Mark Bialek, Warren and…
Exclusive-US senators seek salary information from Fed's inspector general
By David Morgan and Costas Pitas WASHINGTON (Reuters) - Republican Senator Rick Scott and Democrat Elizabeth Warren have asked for salary information from the Fed's Inspector General, who serves as the central bank's watchdog, as
Exclusive-US senators seek salary information from Fed’s inspector general
By David Morgan and Costas Pitas WASHINGTON (Reuters) - Republican Senator Rick Scott and Democrat Elizabeth Warren have asked for salary information from the Fed's Inspector General, who serves as the central bank's watchdog, as they criticized the current system amid a push to make the role independent, according to a letter seen by Reuters on Tuesday. Republicans and Democrats in Congress have pledged tighter oversight of banking regulato…
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