Here Are 5 Things To Watch For In Yellen’s Speech To The Financial Services Committee

yellen

Fed Chairwoman Janet Yellen stands before the House Financial Services Committee Wednesday to testify about financial regulation, and while many of the questions she’ll receive will likely deal with the Fed’s oversight of banks, here are the main things, according to the Wall Street Journal, we can expect Yellen to be quizzed about:

1. Stress Tests: The Fed made major changes to its stress testing doctrine Monday, changes that may make it easier to pass for regional banks but harder for megabanks.


2. Commodities Business: Last week the Fed proposed new rules to regulate banks’ commodity-market businesses, citing risks the banks could face should there be an environmental disaster.


3. Executive Compensation, Wells Fargo: Republicans will likely ask why the Fed didn’t do more to combat the type of misconduct that occurred at Wells Fargo, while Democrats could push her to finalize incentive pay rules quickly.


4. Monetary Policy: It’s likely the Fed’s decision to hold interest rates steady despite hinting at a possible hike in the near future will be a topic of discussion.


5. Presidential Election: With Donald Trump’s recent comments, accusing the Fed of keeping rates low to benefit Hillary Clinton, Yellen may face more questions regarding her public impartiality. [WSJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Walker & Dunlop On Why The Housing Market Is More Balanced Than It Appears

Retailers Charging Ahead With EV Stations Despite Policy Pullback

U.S. Office Sales Show 31% Year-Over-Year Growth

Data Center Demand Doubles, Fueling New AI Boomtowns

Hall Of Fame Running Back Emmitt Smith Sued Over Failed Texas Solar Project

Becknell Taps JLL IPT Veteran To Boost REIT's Selling Group

American Healthcare REIT On A $1.5B Senior Housing Buying Spree

Joss Realty CEO, Executives Join Another Company's Real Estate Division

Crow Holdings Raising Nearly $3.3B Fund, Its Largest Ever

California Duo's Ponzi-Like Investment Scheme Unravels With Bankruptcy, SEC Charges

Sea Wall Rehabilitation: Strengthening Hudson River Walkway For Next 100 Years

The 'Fourth Utility': Why Connected Digital Infrastructure Is Essential To CRE