The US Senate Banking Committee is set to hold a hearing on February 26th with the Federal Reserve’s Vice Chair of Supervision and an official from the FDIC to address banking regulation practices. This hearing comes amid increased scrutiny from Congress regarding the effectiveness of banking regulators’ oversight, particularly following recent high-profile incidents that have raised concerns about financial stability. The committee’s ongoing investigations aim to enhance supervisory effectiveness and ensure proper coordination between the Fed and FDIC in examining large banks and managing systemic risks.
US Senate Banking Committee to hold hearing with FDIC and Fed officials on February 26
