Alabama Legislature prohibits “digital dollar,” awaits governor
If enacted into law, state agencies and subdivisions would be prohibited from accepting a CBDC as payment.
Federal Reserve
Sen. Katie Britt grills federal regulators on recent bank failures
"You need to be held accountable, each and every one of you," Britt told bank regulators Tuesday.
Britt joins bipartisan group to question Federal Reserve on Silicon Valley Bank oversight
The Federal Reserve has announced an internal investigation into its regulatory oversight, supervision, and examination of Silicon Valley Bank.
March 21, 2023
Sen. Britt calls for Banking Committee hearing on Silicon Valley Bank
Britt blasted what she called the failure of regulators to adequately supervise Silicon Valley Bank.
March 17, 2023
Opinion
Opinion
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See recent postsWhy is everyone talking about inflation?
The problem is, when it is cheaper and easier to borrow money, prices rise.
Sen. Richard Shelby says he’s concerned about inflation
Shelby questioned Federal Reserve Chairman Jerome Powell during a Banking Committee hearing.
Tuberville votes against Biden Treasury Secretary Janet Yellen
Yellen is the first woman to lead the Treasury in American history and was confirmed by the Senate 84 to 15.
Senate reaches deal on Federal Reserve lending, clearing path for $900 billion aid package
This final roadblock allows Congress to pass a coronavirus relief deal and omnibus spending package.
Doug Jones campaign: Alabama can’t wait for COVID-19 relief
Sen. Doug Jones's Senate campaign blasted the president's decision to cut off COVID-19 aid talks.
The White House and Senate reach deal on a stimulus
Early Wednesday morning, the White House and Senate leaders finally reached a deal on a massive stimulus package they are hoping can keep the American economy from falling into a deep recession due to the government-imposed economic shutdown to deal with the growing coronavirus threat. The final version of the Senate bill comes with a … Continued