#EconomicOversight
3/9 Carney confirmed he's checked in with the Bank of Canada governor and finance minister, assuring Canadians that financial institutions remain "rock solid"—unlike during the Great Recession.
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#MarkCarneyForPM #CDNpoli
#CanadaStrong
April 7, 2025 at 10:55 PM
Senators and experts are sounding the alarm: the AI investment frenzy could jeopardize our financial stability, risking everything from retirement savings to job security.

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Experts warn Congress: AI investment boom could threaten financial system; witnesses oppose bailouts
At a Senate Banking Committee hearing, witnesses warned that heavy private borrowing to finance AI infrastructure could transmit losses to banks and funds, potentially threatening household retirement savings. Panelists opposed taxpayer bailouts and urged oversight of financing and private-credit exposure.
citizenportal.ai
June 12, 2026 at 12:29 AM
Governor Bowman faced tough questions in the Senate about the Federal Reserve's oversight failures and the urgent need for revamped stress testing protocols.

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#US #CitizenPortal #EconomicOversight #WashingtonDCBanking #BankingSupervision #FinancialRegulation
Governor Bowman addresses Senate on Federal Reserve stress testing and regulatory challenges
Bowman discusses failures in Fed supervision and proposes revised strategies for banking regulations.
citizenportal.ai
April 16, 2025 at 7:23 AM