Inner City Press

In Other Media-eg NYLJ New Statesman, CJR, NY Mag, AJE, Georgia, CSM Click here to contact us     .

These reports are usually available through Google News and on Lexis-Nexis

Share |   

Follow on TWITTER

Home -

These reports are usually available through Google News and on Lexis-Nexis


(FP Twitterati 100, 2013)

ICP on YouTube

More: InnerCityPro
Sept 24, 2013

UN: Sri Lanka


FOIA Finds  

Google, Asked at UN About Censorship, Moved to Censor the Questioner, Sources Say, Blaming UN - Update - Editorial

Support this work by buying this book

Click on cover for secure site orders

also includes "Toxic Credit in the Global Inner City"




Bank Beat

Freedom of Information

How to Contact Us

Amid Bank Giveaways 3 Regulators Dodge on the Hill Claiming Transparency Slow in FOIA

by Matthew Russell Lee, Patreon Book Substack

SDNY COURTHOUSE, March 29 – For two days on Capitol Hill three regulators answered partisan questions about two, or two and a half, bank seizures and re-sales.

It was not pretty.  

 Federal Reserve Vice Chair for Supervision Michael Barr, FDIC Chair Martin Gruenberg and Treasury Under Secretary for Domestic Finance Nellie Liang deferred many of their answers until reports due on May 1. 

 Barr insisted, We want to be transparent. But the Federal Reserve Board has delayed in responding to FOIA requests, for example Inner City Press' FOIA request about its actions on banks and crypto firms including FTX.

  Guenberg told the House, in response to questions, that Signature Bank's Signet will be returning digital assets by April 5 - but said that the Signet business is still for sale.  

There were no questions about public pre-disclosure and comment on these acquisitions. Community Benefits Agreements in California and Massachusetts were raised, with Gruenberg calling these private agreements but noting that the banks are subject to CRA evaluation. 

  But these same regulators give 98% of banks Satisfactory or Outstanding CRA ratings.

 Hence the call by Fair Finance Watch and then others that for example Key Bank not be allowed to make any midnight acquisitions like New York Community Bank / Flagstar or First Citizens - see here, and more blow by blow, member by member reporting on Substack here


Your support means a lot. As little as $5 a month helps keep us going and grants you access to exclusive bonus material on our Patreon page. Click here to become a patron.


Feedback: Editorial [at]
SDNY Press Room 480, front cubicle
500 Pearl Street, NY NY 10007 USA

Mail: Box 20047, Dag Hammarskjold Station NY NY 10017

Reporter's mobile (and weekends): 718-716-3540

Other, earlier Inner City Press are listed here, and some are available in the ProQuest service, and now on Lexis-Nexis.

 Copyright 2006-2023 Inner City Press, Inc. To request reprint or other permission, e-contact Editorial [at]