Brendan Pedersen
@brendanpedersen.bsky.social
yelling about banks. I write a financial politics / policy newsletter focused on Congress called THE VAULT for Punchbowl News. American Banker alum.
More news via Punchbowl News' Texts: Democrats are planning to walk out of a joint hearing scheduled for tomorrow. House Ag and finserv plan to discuss changes to the market structure of crypto regulation.
Democrats say House rules allow them to halt proceedings by denying UC
Democrats say House rules allow them to halt proceedings by denying UC
May 5, 2025 at 7:23 PM
More news via Punchbowl News' Texts: Democrats are planning to walk out of a joint hearing scheduled for tomorrow. House Ag and finserv plan to discuss changes to the market structure of crypto regulation.
Democrats say House rules allow them to halt proceedings by denying UC
Democrats say House rules allow them to halt proceedings by denying UC
Scoop: Thune told offices the Senate is moving full steam ahead on a floor vote of the GENIUS Act this week, despite opposition from a key bloc of Democrats. First in PBN texts.
Republican leadership wants to call Democrats' bluff on stablecoins... if it is a bluff. May not be
Republican leadership wants to call Democrats' bluff on stablecoins... if it is a bluff. May not be
May 5, 2025 at 7:10 PM
Scoop: Thune told offices the Senate is moving full steam ahead on a floor vote of the GENIUS Act this week, despite opposition from a key bloc of Democrats. First in PBN texts.
Republican leadership wants to call Democrats' bluff on stablecoins... if it is a bluff. May not be
Republican leadership wants to call Democrats' bluff on stablecoins... if it is a bluff. May not be
Some news in our AM edition: Republicans on the House Financial Services Committee conferenced last night to discuss their approach to reconciliation. On the chopping block: The CFPB, PCAOB and up to $5 billion in cuts, depending on CBO scoring
April 24, 2025 at 12:12 PM
Some news in our AM edition: Republicans on the House Financial Services Committee conferenced last night to discuss their approach to reconciliation. On the chopping block: The CFPB, PCAOB and up to $5 billion in cuts, depending on CBO scoring
Good morning from the nation's capital
January 6, 2025 at 3:21 PM
Good morning from the nation's capital
Restrictions on U.S. outbound investment in China have also been knocked out of the package, folks tell @jakesherman.bsky.social and me
December 19, 2024 at 9:04 PM
Restrictions on U.S. outbound investment in China have also been knocked out of the package, folks tell @jakesherman.bsky.social and me
This is quite the gap between employees and management when it comes to facing "adverse consequences" for being abusive, disrespectful, hostile
December 19, 2024 at 5:48 PM
This is quite the gap between employees and management when it comes to facing "adverse consequences" for being abusive, disrespectful, hostile
The FDIC's inspector general released its inquiry into the agency's harassment problems today.
According to a survey done by the OIG, one third of FDIC employees have "either experienced or personally witnessed harassment" at the agency. www.fdicoig.gov/sites/defaul...
According to a survey done by the OIG, one third of FDIC employees have "either experienced or personally witnessed harassment" at the agency. www.fdicoig.gov/sites/defaul...
December 19, 2024 at 5:48 PM
The FDIC's inspector general released its inquiry into the agency's harassment problems today.
According to a survey done by the OIG, one third of FDIC employees have "either experienced or personally witnessed harassment" at the agency. www.fdicoig.gov/sites/defaul...
According to a survey done by the OIG, one third of FDIC employees have "either experienced or personally witnessed harassment" at the agency. www.fdicoig.gov/sites/defaul...
HOW FRENCH WON: Tonight's PM top is a big joint effort from @jakesherman.bsky.social @mzanona.bsky.social Laura and I taking you inside the room that elected French Hill to chair the House Financial Services Committee.
Barr had a major vulnerability. Hill clocked it and twisted the knife.
Barr had a major vulnerability. Hill clocked it and twisted the knife.
December 12, 2024 at 10:26 PM
HOW FRENCH WON: Tonight's PM top is a big joint effort from @jakesherman.bsky.social @mzanona.bsky.social Laura and I taking you inside the room that elected French Hill to chair the House Financial Services Committee.
Barr had a major vulnerability. Hill clocked it and twisted the knife.
Barr had a major vulnerability. Hill clocked it and twisted the knife.
Lots of folks have wondered how Tim Scott will juggle being chair of both the Senate Banking Committee and NRSC. I wrote about how it's been going so far:
https://buff.ly/49Bboea
https://buff.ly/49Bboea
December 12, 2024 at 5:53 PM
Lots of folks have wondered how Tim Scott will juggle being chair of both the Senate Banking Committee and NRSC. I wrote about how it's been going so far:
https://buff.ly/49Bboea
https://buff.ly/49Bboea
Inside the room: Sen. Tim Scott (R-S.C.) sits down with Treasury nominee Scott Bessent
December 11, 2024 at 3:47 PM
Inside the room: Sen. Tim Scott (R-S.C.) sits down with Treasury nominee Scott Bessent
News from me and @AndrewDesiderio: Sen. Steve Daines (R-Mont.) is looking to depart the Senate Banking Committee as he eyes a seat on the Senate Foreign Relations Committee, according to three people familiar with the matter. More in PM:
December 2, 2024 at 10:16 PM
News from me and @AndrewDesiderio: Sen. Steve Daines (R-Mont.) is looking to depart the Senate Banking Committee as he eyes a seat on the Senate Foreign Relations Committee, according to three people familiar with the matter. More in PM:
Elon Musk boosted a Joe Rogan interview this morning with a16z's Marc Andreessen. The venture capitalist blasted the Consumer Financial Protection Bureau in particular, calling it "Elizabeth Warren's personal agency that she gets to control"
November 27, 2024 at 4:55 PM
Elon Musk boosted a Joe Rogan interview this morning with a16z's Marc Andreessen. The venture capitalist blasted the Consumer Financial Protection Bureau in particular, calling it "Elizabeth Warren's personal agency that she gets to control"
INBOX: Senate Banking Committee Chair Sherrod Brown accuses credit bureau execs of backing out a hearing that was supposed to happen last week.
November 25, 2024 at 10:24 PM
INBOX: Senate Banking Committee Chair Sherrod Brown accuses credit bureau execs of backing out a hearing that was supposed to happen last week.
INBOX: SEC Chair Gary Gensler will resign from the government effective Jan. 20, agency announces. Not shocking by any means, but significant nonetheless. Details here:
November 21, 2024 at 6:00 PM
INBOX: SEC Chair Gary Gensler will resign from the government effective Jan. 20, agency announces. Not shocking by any means, but significant nonetheless. Details here:
Hi, Bill Nye
November 20, 2024 at 8:57 PM
Hi, Bill Nye
Fascinating details here about the struggles playing out on the Republican Steering Committee this morning from my colleagues at @punchbowlnews.bsky.social, including a wrinkle for the House Financial Services Committee gavel
November 20, 2024 at 2:06 PM
Fascinating details here about the struggles playing out on the Republican Steering Committee this morning from my colleagues at @punchbowlnews.bsky.social, including a wrinkle for the House Financial Services Committee gavel
Palantir CEO Alex Karp is on the Hill today, waiting outside the security perimeter
November 19, 2024 at 7:29 PM
Palantir CEO Alex Karp is on the Hill today, waiting outside the security perimeter
Today's Senate Judiciary's Hearing was a bad one for banks. The tone from lawmakers – especially the bank policy experts – suggests that the industry is losing its messaging war against retailers. More in our Midday edition, out now
November 19, 2024 at 7:10 PM
Today's Senate Judiciary's Hearing was a bad one for banks. The tone from lawmakers – especially the bank policy experts – suggests that the industry is losing its messaging war against retailers. More in our Midday edition, out now
screwed up this cross post so sharing this news belatedly: FDIC Chair Martin Gruenberg will resign Jan 19, per email to staff
November 19, 2024 at 6:55 PM
screwed up this cross post so sharing this news belatedly: FDIC Chair Martin Gruenberg will resign Jan 19, per email to staff
Quite the line outside the Senate Judiciary Committee this morning before a hearing on Visa-Mastercard and credit card competition
November 19, 2024 at 2:49 PM
Quite the line outside the Senate Judiciary Committee this morning before a hearing on Visa-Mastercard and credit card competition
Dispatch from the Sunday Vault: Sen. Cynthia Lummis (R-Wyo.) is dead serious about a strategic Bitcoin reserve, and she's got a plan to find bipartisan support in the Senate. Lummis named her Dem targets, plus one longtime partner she's NOT counting on.
November 18, 2024 at 7:51 PM
Dispatch from the Sunday Vault: Sen. Cynthia Lummis (R-Wyo.) is dead serious about a strategic Bitcoin reserve, and she's got a plan to find bipartisan support in the Senate. Lummis named her Dem targets, plus one longtime partner she's NOT counting on.
I am unfortunately old enough to remember the discourse of September 2022, aka "why is no one talking about how the Republican Fed chair is trying to create a Biden recession"
December 16, 2023 at 11:15 PM
I am unfortunately old enough to remember the discourse of September 2022, aka "why is no one talking about how the Republican Fed chair is trying to create a Biden recession"
I barely know how to use Twitter but I'm here now. here's the gist of my online presence
December 16, 2023 at 11:13 PM
I barely know how to use Twitter but I'm here now. here's the gist of my online presence