Accountable US has a new report with the unsurprising but still dispiriting news that the witnesses at the new Republican-led House Financial Services Committee hearing on ““Revamping and Revitalizing Banking in the 21st Century” are industry shills who paid to be there. The hearing is not about revamping or revitalizing, it is about protecting industry…
Tag: banking
Will the Banks Collapse? – The Atlantic
A very important piece by Frank Partnoy: American citizens are well aware of the toll [the pandemic] has taken on the economy: broken supply chains, record unemployment, failing small businesses. All of these factors are serious and could mire the United States in a deep, prolonged recession. But there’s another threat to the economy, too….
Remarks by Thomas J. Curry, Comptroller of the Currency, Before the Prudential Bank Regulation Conference
Comptroller of the Currency Thomas J. Curry emphasized the importance of Dodd-Frank and of active, engaged, and informed boards of directors. The second component of our heightened standards guidelines pertains to the responsibilities of large banks’ boards of directors. It provides that bank boards should have at least two independent directors and that all board…
ValueEdge Advisors 