House Financial Services Committee Issues Testimony From Fed Vice Chair for Supervision Barr
May 25, 2023
May 25, 2023
WASHINGTON, May 25 -- The House Financial Services Committee issued the following testimony by Michael S. Barr, vice chair for supervision at Fed, involving a hearing on May 16, 2023, entitled "Oversight of Prudential Regulators":
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Overall, the U.S. banking system remains strong and resilient, and depositors should be confident that all deposits in our banking system are safe. At the same time, recent stress in the banking system shows the need for us to . . .
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Overall, the U.S. banking system remains strong and resilient, and depositors should be confident that all deposits in our banking system are safe. At the same time, recent stress in the banking system shows the need for us to . . .