Construction work continues at the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Dec. 30, 2025. (Photo by Brendan SMIALOWSKI / AFP via Getty Images)
The OIG attributed the Federal Reserve’s ineffective information security program to a decentralized IT operation, unaddressed recommendations and changes to FISMA methodology.
Sen. Elizabeth Warren, D-Mass., questions executives of the nation’s largest banks during a Senate Banking, Housing, and Urban Affairs Committee hearing Sept. 22, 2022 in Washington, D.C. (Photo by Drew Angerer/Getty Images)
In a letter to Fed, FDIC and OCC leaders, the Massachusetts Democrat pushed for the rescission of policy updates that curb bank examiners’ enforcement powers.
The central bank’s inspector general documented multiple incidents of the staffer transferring files to unencrypted devices before their retirement in July 2024.
The FUTURES Act aims to close “talent gaps, procurement barriers, or technological blind spots” at the federal financial regulators, the bill’s Republican co-sponsor says.
From left, Democratic Sens. Elizabeth Warren of Massachusetts, Raphael Warnock of Georgia, and Sheldon Whitehouse of Rhode Island hold a news conference at the U.S. Capitol on Dec. 17, 2025 in Washington, D.C. (Photo by Chip Somodevilla/Getty Images)
The lawmakers pushed Fed Chair Kevin Warsh to include U.S. workforce perspectives on a panel that currently features three individuals with “direct financial ties to the AI…
Federal Reserve Chairman Kevin Warsh arrives to testify to the House Financial Services Committee on Capitol Hill on July 14, 2026 in Washington, D.C. (Photo by Eric Lee/Getty Images)
Kevin Warsh defended charges of a “creditability deficit” and lack of worker representation in an AI task force made up of a VC billionaire, a Microsoft exec…
Federal Reserve Chairman Kevin Warsh testifies during a House Financial Services Committee hearing on July 14, 2026. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
Kevin Warsh told the House Financial Services Committee that the technology is a “huge opportunity” for the American economy but the Fed is monitoring its impact closely.
Data experts say the regulators’ final rule as part of the Financial Data Transparency Act is a boon for transparency and accuracy, but there’s still a ways…
Construction work continues at the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Dec. 30, 2025. (Photo by Brendan SMIALOWSKI / AFP via Getty Images)
A new GAO report offers guidance to regulators that could lead to governmentwide data standards after the agencies missed a deadline required by the Financial Data Transparency…
Kevin Warsh, nominee for Federal Reserve chair, testifies during a Senate Banking Committee hearing on Capitol Hill in Washington, D.C., on April 21, 2026. (Photo by Mandel NGAN / AFP via Getty Images)
In his Senate confirmation hearing, Kevin Warsh said the Federal Reserve should be forward-looking and reform-oriented when it comes to AI models like Anthropic’s Mythos.
