Chairman Scott Leads Hearing on Evaluating Deposit Insurance Reform

Senate Committee on Banking, Housing, and Urban Affairs · September 12, 2025

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Vote on Stephen Myron nomination

Vote

20:11 → 21:35(1m 24s)

Committee held a roll-call vote on the nomination of Stephen Myron to be a governor on the Board of Governors of the Federal Reserve; clerk reported 13 ayes, 11 nays and the nomination was ordered reported favorably to the full Senate.

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Senate Committee on Banking, Housing, and Urban Affairs held an oversight hearing on deposit insurance reform and a separate executive session reported the nomination of Stephen Myron to the Federal Reserve Board; senators and industry witnesses debated raising and indexing FDIC coverage and targeted protection for business transaction/payroll accounts (proposal discussed at $20,000,000).

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Transcript

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