US Democratic lawmaker Warren presses Fed official over conflicts

Group 1 - U.S. Senator Elizabeth Warren is questioning Federal Reserve official Randall Guynn regarding potential conflicts of interest in his new role [1][2] - Guynn has a 40-year career at Davis Polk, where he worked for major U.S. banks, and has been appointed to a significant position at the Fed overseeing the banking industry [2] - The supervision and regulation division of the Fed is responsible for overseeing the banking sector, including setting rules and examining large financial institutions [2]