A Congressional committee investigation NO REPUBLICANS SHOWED UP FOR! THIS IS GOOD!
Senators grill New York Fed chief over reports of lax bank oversight (i.e. Too Cozy with banks they are supposed to be regulating)[font size="3"]Either you need to fix it, Mr. Dudley, or we need to get someone who will.
- Sen. Elizabeth Warren (D-Mass.)
"No Republican senators attended the hearing."
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Democratic senators on Friday hammered a key regulator over reports of lax oversight of large Wall Street banks that they said posed a risk to the financial system and broader economy..
William Dudley, the president of the Federal Reserve Bank of New York, faced nearly two hours of aggressive questioning from some of the most outspoken critics of the nation's biggest financial firms.
The senators dismissed Dudley's assertion that the banking system was safer now than it was before the 2008 financial crisis.
And they accused the New York Fed of having a culture of deferring to the large firms, such as Goldman Sachs Group and JPMorgan Chase & Co., they are responsible for regulating.
(more)
[font size="3"]Republican Members of the committee who thought this hearing wasn't worth showing up for (probably working on speeches laying curses on and demonizing the President)
Patrick J. Toomey (Ranking Member)
Richard C. Shelby
David Vitter
Mike Johanns
Jerry Moran
Dean Heller
Bob Corker
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Senate Committee on Banking, Housing, and Urban Affairs: Financial Institutions and Consumer Protection
Senate Committee on Banking, Housing, and Urban Affairs: Financial Institutions and Consumer Protection - on Senate website
Republican Subcommittee Members
Patrick J. Toomey (Ranking Member)
Richard C. Shelby
David Vitter
Mike Johanns
Jerry Moran
Dean Heller
Bob Corker
Democratic Subcommittee Members
Sherrod Brown (Chairman)
Jack Reed
Charles E. Schumer
Robert Menendez
Jon Tester
Jeff Merkley
Kay R. Hagan
Elizabeth Warren
riversedge
(70,084 posts)yet, so many thought to make them the majority.
stopwastingmymoney
(2,041 posts)WillyT
(72,631 posts)DRoseDARs
(6,810 posts)Maybe he was too busy sticking his dick in another woman that was not his wife.
mimi85
(1,805 posts)but his phone number was found on a some call girl list. Mr. Family Values is also running for governor next year.
DRoseDARs
(6,810 posts)Now, would someone please change his diaper?
Scarsdale
(9,426 posts)It was revealed that he likes to wear diapers, and have prostitutes change them. When he returned to "work" he received a standing ovation!!!. He is running for governor? What a joke.
pennylane100
(3,425 posts)Spitfire of ATJ
(32,723 posts)aquart
(69,014 posts)belzabubba333
(1,237 posts)KelleyD
(277 posts)JDPriestly
(57,936 posts)Politicalboi
(15,189 posts)His diaper changed, so he couldn't make it.
awoke_in_2003
(34,582 posts)lastlib
(23,152 posts)days like this, I bet he'd like to have a big Huggie! (I personally am NOT going there......)
cascadiance
(19,537 posts)... where they felt they could have more fun than attend this meeting and of course not be held accountable for it in the same fashion Vitter has had standing ovation support for in the past from his party members. I'm sure there are a number of Wall Street banksters that would gladly have foot the bill for this!
rurallib
(62,379 posts)nope - they wouldn't dare embarrass a close friend like a fed chief who will let the banksters skate - just better never to bring them up for questions.