As customers, employees, and regulators are looking to hold company boards and officers personally liable for damaging misconduct in the wake of risk governance failures, industry supervisors face heightened scrutiny from injured consumers, loss-suffering investors, and irate legislators and voters in a new era of accountability.
Observations
Apr 17, 2025In testimony delivered at the hearing on her nomination to serve as the Vice Chair for Supervision of the US Federal Reserve System last week, Fed Governor Michelle Bowman laid out four priorities: refocusing supervision, restoring regulatory tailoring, fostering innovation, and promoting transparency.
Observations
Feb 04, 2025In a recent social media post, US President Donald Trump claimed that the Federal Reserve has done a "terrible job" on bank regulation, as reported by Bloomberg.
