Senate confirms 4 nominees to Federal Thrift board
June 09, 2022 06:08:01 PMThe Senate confirmed four nominees to the Federal Retirement Thrift Investment Board via voice votes.
Rubio clears Fed Thrift nominations after China assurances
June 02, 2022 02:47:54 PMSen. Marco Rubio released a hold on four Federal Retirement Thrift Investment Board nominees after they said they won't invest in Chinese firms.
GOP senators float bill to curtail money managers' voting influence
May 18, 2022 03:42:13 PMThe bill would require large passive fund managers to vote proxies based on individual investors' instructions, not at managers' discretion.
Bipartisan group crafting retirement security legislation
May 13, 2022 02:33:59 PMLawmakers announced plans to write legislation aimed at improving retirement security for low- and middle-income American workers.
Senator holds up Fed Thrift nominations over China concern
April 11, 2022 03:06:18 PMSen. Marco Rubio placed a hold on four Fed Thrift board nominations until the nominees vow to withhold Thrift Savings Plan assets from Chinese firms.
SECURE 2.0 gets blessing in the House
April 11, 2022 12:00:00 AMThe House passed SECURE 2.0 in strong bipartisan fashion, but Congress still has work to do to get a bill to the president's desk.
Powell signals rate hike in House testimony
March 02, 2022 03:38:57 PMThe Fed expects to raise rates at this month's meeting, but Russia's invasion of Ukraine presents economic uncertainty, Jerome Powell said.
Biden addresses infrastructure, nursing home investments in State of the Union
March 02, 2022 10:05:24 AMPresident Biden also urged Congress to approve his nominees to the Federal Reserve board to combat inflation in his address.
Republicans no-show committee vote on Fed nominees, delaying action
February 15, 2022 03:39:48 PMSenate Banking Committee Republicans delayed a vote on the nominations of five candidates to the Federal Reserve board by not attending a hearing.
Fed board nominees face tough questions on independence, inflation
February 03, 2022 01:25:53 PMSenate Banking Committee members grilled three nominees to the Federal Reserve board on Fed independence, climate change and inflation.
Biden nominates 3 to Federal Reserve board
January 14, 2022 11:24:08 AMPresident Joe Biden announced three nominations to the Federal Reserve Board of Governors, including a former deputy Treasury secretary.
Fed vice chairwoman nominee pressed on inflation, climate
January 13, 2022 02:51:07 PMLael Brainard testified at her Senate confirmation hearing that reining in inflation remains a crucial task for the Federal Reserve.
Bill to delist uncooperative foreign companies more quickly floated in House
December 15, 2021 12:02:51 PMA bill accelerating the delisting of foreign companies that fail to meet PCAOB standards has been introduced.
EBSA will continue to prioritize finding missing participants
December 13, 2021 12:00:00 AMRecoveries related to missing participants continue to drive EBSA enforcement efforts.
House overwhelmingly passes LIBOR transition bill
December 09, 2021 10:08:02 AMA bill to provide a replacement framework for outstanding financial contracts tied to LIBOR overwhelmingly passed in the House.
Biden nominates FS Investments partner to Thrift board
November 18, 2021 12:18:32 PMPresident Joe Biden officially nominated Michael F. Gerber to the Federal Retirement Thrift Investment Board.
Retirement measures cut from legislation, but still priority
November 15, 2021 12:00:00 AMRequiring employers offer a retirement plan was axed from a Democratic bill, but it will continue to be pursued, along with SECURE Act 2.0.
Federal Reserve's Randal Quarles to resign in December
November 08, 2021 02:46:03 PMRandal K. Quarles submitted his resignation as a member of the Federal Reserve Board of Governors, effective in December.
Biden to nominate FS Investments partner to Thrift board
November 04, 2021 04:00:36 PMPresident Biden intends to nominate FS Investments partner Michael F. Gerber to the Federal Retirement Thrift Investment Board.
Federal LIBOR transition bill necessary, experts say
November 02, 2021 02:52:51 PMExperts and lawmakers said congressional action is needed to provide a replacement framework for outstanding contracts tied to LIBOR.
Senate Democrats urge TSP to offer more funds run by diverse managers
October 28, 2021 12:32:13 PMA group of Senate Democrats wants the Federal Retirement Thrift Investment Board to expand federal workers' investment options.
EBSA extends temporary enforcement policy on advice fiduciaries
October 25, 2021 03:43:35 PMThe Employee Benefits Security Administration extended a temporary enforcement policy on advice fiduciaries until Jan. 31.
Financial Stability Oversight Council identifies climate change as emerging threat
October 22, 2021 10:31:45 AMThe Financial Stability Oversight Council identified climate change as an emerging and increasing threat to U.S. financial stability.
Democrats reintroduce major private equity reform bill
October 20, 2021 04:00:59 PMA bill to reform the private equity industry was reintroduced in the Senate and House by a group of Democrats led by Sen. Elizabeth Warren.
Senate Democrats put pressure on SEC to adopt diversity and inclusion measures
October 19, 2021 04:01:03 PMA group of Senate Democrats has sent a letter urging the SEC to adopt recommendations to increase diversity and inclusion in asset management.