Warren Slams Fed, OCC As "Asleep at the Wheel" on Necessary Bank Merger Guideline Updates
December 19, 2024
December 19, 2024
WASHINGTON, Dec. 19 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release:
Senator Elizabeth Warren (D-Mass.) wrote to Federal Reserve (Fed) Chair Jerome Powell, Fed Vice Chair Michael Barr, and Acting Comptroller for the Office of the Comptroller of the Currency (OCC) Michael Hsu, slamming the agencies for being "asleep at the wheel" in following their mandate to prevent dangerous and anticompetitive bank mergers. The letter comes as Capital One rep . . .
Senator Elizabeth Warren (D-Mass.) wrote to Federal Reserve (Fed) Chair Jerome Powell, Fed Vice Chair Michael Barr, and Acting Comptroller for the Office of the Comptroller of the Currency (OCC) Michael Hsu, slamming the agencies for being "asleep at the wheel" in following their mandate to prevent dangerous and anticompetitive bank mergers. The letter comes as Capital One rep . . .