Reed on Regulation Of ‘Synthetic Risk Transfers’

U.S. Senator Jack Reed discusses oversight of risk management at banks during a Banking Committee Hearing entitled, “Oversight of Financial Regulators: Protecting Main Street Not Wall Street.” The witnesses are: The Honorable Michael Barr, Vice Chair for Supervision, Federal Reserve; The Honorable Martin Gruenberg, Chair, Federal Deposit Insurance Corporation; The Honorable Todd Harper, Chair, National Credit Union Administration; and Mr. Michael Hsu, Acting Comptroller, Office of the Comptroller of the Currency. This hearing occurred on Tuesday, November 14, 2023.