Hot Topics

• It was an extremely active week as NYBA zeroed in on several concerning bills moving in the State Legislature. With just a few weeks left in the Session, NYBA was executing its strategy of mobilizing its members and leveraging partnerships with other stakeholders. 
  
  
• The Senate confirmed Fed Chairman Jerome Powell to a second four-year term, as well as nominees Lisa Cook and Philip Jefferson to the Federal Reserve Board of Governors. Next week, the Senate Banking Committee expects to take up the nomination of Michael Barr to be Federal Reserve Vice Chairman for Supervision.