Senate Banking Committee Archives

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Senate Banking Committee

Sen. Thom Tillis, R-N.C., attends a confirmation hearing on Capitol Hill on July 15, 2026, in Washington, D.C. (Photo by Win McNamee/Getty Images)

GOP senator blasts ‘amateurish’ DOGE work, lack of detail on savings

Sen. Thom Tillis, R-N.C., put OMB Director Russell Vought on the spot during a Senate Banking Committee hearing over minimal documentation around DOGE savings claims.

Jul 16, 2026 By Matt Bracken

Demonstrators hold signs as they protest against President Donald Trump and Elon Musk’s DOGE’s efforts to dismantle the Consumer Financial Protection Bureau in front of the CFPB headquarters in Washington, D.C., on Feb. 10, 2025. (Photo by SAUL LOEB/AFP via Getty Images)

Vought ducks Dems’ questions about CFPB website deletions, source says

A source with the Senate Banking Committee Democrats said the acting CFPB director hasn’t responded to a June 22 letter about the disappearance of 15 years of…

Jul 14, 2026 By Matt Bracken

Treasury Secretary Scott Bessent testifies before the Senate Committee on Banking, Housing, and Urban Affairs in the Dirksen Senate Office Building on Feb. 5, 2026 in Washington, D.C. (Photo by Kevin Dietsch/Getty Images)

Treasury pushing for ‘robust’ use of AI in banking, but in a ‘gradual’ way

Secretary Scott Bessent said there’s still “a great amount of learning to do” on AI during a pair of Hill appearances this week about FSOC’s annual report…

Feb 5, 2026 By Matt Bracken

Sen. Mark Warner, D-Va., and Sen. Elizabeth Warren, D-Mass., talk before the start of the Senate Banking, Housing and Urban Affairs Committee hearing on Feb. 24, 2015. (Photo By Bill Clark/CQ Roll Call)

CFPB blasted by Senate Banking Democrats for ‘entirely avoidable’ cybersecurity flaws

In a letter shared first with FedScoop, Sen. Warren and colleagues demand answers about an OIG report that found the agency’s cyber program to be ineffective due…

Nov 24, 2025 By Matt Bracken