On June 21, according to foreign media reports, the Federal Reserve is evaluating whether to hire unconventional employees to help improve banking supervision.
Barr, the Federal Reserve’s top official in charge of banking supervision, said that he is considering increasing manpower in this area to fill the regulatory loopholes exposed by the failure of Silicon Valley Bank and Signature Bank.
At present, the supervisory team is mainly composed of lawyers and economists, and the addition of behavioral scientists can achieve a balanced effect.
The Fed will undertake a project to identify, system-wide, areas where regulation of culture, practices and tools can be strengthened, and where regulation needs to be changed over the next six months.