Ricky Gutierrez
@rickygutierrezz·1.2M subscribers·5.3K videos
(LIVE NOW) FED MEETING ON BANK FAILURES
Posted
March 28, 2023
Views
16,308
Likes
664
Comments
8
Engagement
4.12%
March 28, 2023
16,308
664
8
4.12%
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1:52:30Now PlayingTHE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION, HYBRID FORMAT to conduct a hearing on “Recent Bank Failures and the Federal Regulatory Response.” The witnesses will be: The Honorable Martin Gruenberg, Chairman, Federal Deposit Insurance Corporation; The Honorable Michael Barr, Vice Chairman for Supervision, Board of Governors of the Federal Reserve System; and The Honorable Nellie Liang, Undersecretary for Domestic Finance, U.S. Department of the Treasury. Additional witnesses may be added at a later date.
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The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
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