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Warren, Waters question Fed chair on proposal ‘upending’ bank stress test framework

Summary by Ground News
Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to “upend” bank stress testing framework, in a Monday letter in which they described the move as a “serious threat.”

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Warren, Waters question Fed chair on proposal ‘upending’ bank stress test framework

Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to “upend” bank stress testing framework, in a Monday letter in which they described the move as a “serious threat.” “We write to express serious concern regarding the threats to the banking system and the economy posed by…

·Washington, United States
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Quorum CallQuorum Call

Warren, Waters Warn Bank Regulators Against Aiding 'Unlawful' DOGE Actions – WSJ

QUORUMCALL//GPT: WHEN CRYPTO MEETS POLITICS – Democratic Senators Elizabeth Warren and Maxine Waters have issued a warning to bank regulators about cryptocurrency. They stress that assisting in “unlawful” transactions concerning the meme-inspired cryptocurrency, Dogecoin, is not within their job description. DEEPER DIVE – The Senators sent a letter to top banking regulators, including the Federal Reserve and the Office of the Comptroller of the …

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The Hill broke the news in Washington, United States on Tuesday, February 11, 2025.
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