Scott Garrett


Scott Garrett News

  • Senators Reach Deal to Extend U.S. Terrorism Insurance

    A bipartisan group of U.S. senators has agreed on legislation to extend the government’s financial backstop of terrorism insurance for seven years.

  • Volcker CLO Delay Would Be No Fix at All, Garrett Says

    U.S. regulators should go back to the drawing board to fix rather than postpone banks’ concerns over treatment of collateralized loan obligations under the Volcker Rule, Representative Scott Garrett said today.

  • Banks Given Two More Years to Meet Volcker CLO Standards

    The Federal Reserve is giving banks an additional two years to comply with Volcker Rule standards for treatment of collateralized loan obligations after industry complaints that the requirements would lead to big losses.

  • Fed Lifts Veil Slowly on Bank Oversight in Era of Transparency

    The Federal Reserve this month will take a step toward revealing more about its oversight of the financial system, an area where the central bank has yet to match the strides it has taken toward transparency in monetary policy.

  • Garrett Seeks to Preserve Some Functions of Fannie and Freddie

    Representative Scott Garrett will introduce legislation to preserve some functions of Fannie Mae and Freddie Mac, the New Jersey Republican said.

  • Garrett Says U.S. House Republicans Will Push Jobs Act Expansion

    U.S. House Republicans will advance legislation to further deregulate securities laws for small public companies and startups, saying the changes would spark more investment, Representative Scott Garrett said today in Washington.

  • Fed Transparency, Oceanografia, Madoff Video: Compliance

    The Federal Reserve this month will take a step toward revealing more about its oversight of the financial system, an area where the central bank has yet to match the strides it has taken toward transparency in monetary policy.

  • Fed Would Need to Reveal More on Bank Oversight Under Bill

    The Federal Reserve would have to disclose more about supervision of the biggest, riskiest banks under legislation aimed at increasing Fed accountability introduced by Representative Scott Garrett, a New Jersey Republican on the House panel overseeing the central bank.

  • Schapiro SEC Seen Ineffectual Amid Dodd-Frank Funding Curbs

    On a stormy night in October 2009, Mary Schapiro , the newly appointed head of the U.S. Securities and Exchange Commission, returned to her alma mater, Franklin & Marshall College in Lancaster, Pennsylvania, to be inducted into the hall of fame for student athletes. Receiving her award, she grasped the podium, confessed she was near tears and spoke of how she had never even seen a lacrosse game before attending college.

  • Mortgage Reform Likely to Pass House in ’13, Garrett Says

    The U.S. House of Representatives is likely to pass a bill this year to reduce the influence of the government-backed Federal Housing Administration, Fannie Mae and Freddie Mac, Representative Scott Garrett said today.

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