Home / Tag Archives: Senator Richard Shelby

Tag Archives: Senator Richard Shelby

Sen. Shelby Requests Probe of FHFA

Why is Sen. Richard Shelby (R-Alabama), Chairman of the Senate Banking Committee, asking the Government Accountability Office to conduct further study on the activities of the Federal Housing Finance Agency?

Read More »

Report: Senator Drafting Proposal to Reform Federal Reserve

Senator Jack Reed (D-Rhode Island) has reportedly included in the draft of the legislation a provision that would make the appointment of the president of the Federal Reserve Bank of New York subject to Senate approval. Currently, the president of each of the 12 regional Federal Reserve Banks is selected by a search committee and subject to approval of the Federal Reserve Board of Governors.

Read More »