Federal Reserve
Central bank of the United States. Regulates bank holding companies, sets monetary policy, and supervises systemically important financial institutions. Regional Fed presidents often come from the banking industry.
Tracked direct giving
$0
Tracked donations to candidate
$0
Connections
5
Money connected to Federal Reserve
These trails are from entities directly connected to Federal Reserve through ownership, employment, or organizational ties.
Scott Bessent directed $13K to WINRED.
Scott Bessent directed $10K to OHIO REPUBLICAN PARTY STATE CENTRAL & EXEC. COMMITTEE (FEDERAL ACCOUNT).
AMERICAN SECURITY PAC directed $5K to Michelle Bowman. AMERICAN SECURITY PAC advocates for GENIUS Act, Guiding and Establishing National Innovation for U.S. Stablecoins (S.394).
ELECT DEMOCRATIC WOMEN PAC directed $5K to Michelle Bowman. ELECT DEMOCRATIC WOMEN PAC advocates for Inflation Reduction Act - Drug Pricing Provisions.
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Regulatory Capture Assessment
Regulatory capture occurs when a regulatory agency advances the interests of the industry it is meant to oversee. The indicators below track evidence of capture for this agency. According to the academic literature (Stigler 1971, Carpenter & Moss 2013), captured agencies exhibit declining enforcement, revolving door personnel pipelines, and rule-making that favors incumbents over public interest.
Relationships
| Type | Connected To | Details | Source |
|---|---|---|---|
| proposed_rule | Basel III Endgame Capital Rules (Fed/OCC/FDIC proposal) | Federal Reserve proposed rule: Basel III Endgame Capital Rules (Fed/OCC/FDIC proposal) | Editorial |
| Employs | Michelle Bowman | Member of the Board of Governors | Source |
| Employs | Scott Bessent | Secretary of the Treasury, oversees financial regulatory policy | Source |
| Overseen by | Senate Banking Committee | Senate Banking Committee has jurisdiction over the Federal Reserve | Editorial |
| Overseen by | House Financial Services Committee | House Financial Services Committee has jurisdiction over the Federal Reserve | Editorial |