Restructure of Federal Reserve Proposed

Legislators recommend reducing the number of regional banks. Outgoing Senator Pat Toomey penned a legislative proposition to reshape the Federal Reserve’s regional banks and nomination process. Supported by…

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Two Senators Propose Secondary Sanctions on Russia

The proposal strengthens G7 nations’ price cap on Russian oil. Two members of the Senate Banking Committee introduced a preliminary draft for legislation on Tuesday to impose secondary…

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Senator Seeks Policy Information from Federal Reserve

Letters sent from PA senator concerning race initiatives. Senator Pat Toomey of Pennsylvania, the ranking member of the Senate Banking Committee, sent letters to regional Federal Reserve leaders…

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