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Statement of Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation on Oversight of Financial Regulators before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate
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05/12/2020
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Release Date:05/12/2020
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Update Date:05/12/2020
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC);Board of Governors of the Federal Reserve System (The Fed);Office of the Comptroller of the Currency (OCC);Consumer Financial Protection Bureau (CFPB);National Credit Union Administration (NCUA);Federal Financial Institutions Examination Council (FFIEC);Small Business Administration (SBA);U.S. Department of Treasury;U.S. Court of Appeals for the Second Circuit;
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Congressional Committee Involved:U.S. Senate Committee on Banking, Housing, and Urban Affairs
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Fdic Employee Involved:Jelena McWilliams
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Law Involved:Coronavirus Aid, Relief, and Economic Security Act (CARES Act);Community Reinvestment Act (CRA Act);Federal Deposit Insurance Act (FDI Act);Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act);Bank Holding Company Act of 1987;Garn-St Germain Depository Institutions Act of 1982;Competitive Equality Banking Act of 1987;
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Other Notable People Involved:Mike Crapo;Sherrod Brown;
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Other Institutions Involved:Financial Accounting Standards Board (FASB);Conference of State Bank Supervisors;
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Related Regulation:12 CFR Part 363
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Related Legal Case:Madden v. Midland Funding, LLC, 786 F.3d 246 (2d Cir. 2015), cert. denied, 136 S. Ct. 2505 (2016)
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Source:FDIC Website
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