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Biden's nominee to head US Office of Financial Research agrees to issue subpoenas for data if necessary

By Neil Roland ( April 18, 2023, 22:05 GMT | Insight) -- President Joe Biden’s nominee to head US Treasury’s Office of Financial Research agreed to issue subpoenas  to financial companies if necessary to fill data gaps on climate risk, cryptocurrency, private funds and cybersecurity. Pressed by Senator Elizabeth Warren at his confirmation hearing on whether he would use all the legal tools available to collect this data, nominee Ron Borzekowski said today: “I will use all the tools available.”President Joe Biden’s nominee to head US Treasury’s Office of Financial Research agreed to issue subpoenas from financial companies if necessary to fill data gaps on climate risk, cryptocurrency, private funds and cybersecurity....

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