A new report by House Republicans argues that fraud and scams have reached “unprecedented” levels. The report, issued by the House Financial Services Committee Wednesday (July...
Financial infrastructure rarely becomes visible until it breaks. At Wednesday’s (May 20) House Financial Services Committee hearing on bank-FinTech partnerships, lawmakers, banking and FinTech executives...
A bill that would reduce small lenders’ reporting requirements was one of four bills the House Financial Services Committee advanced to the House of Representatives...
House Republicans want to draw new boundaries between the Federal Reserve and the U.S. Treasury. In a hearing held on Wednesday (March 18), the House Financial Services Committee’s Task...
The House Financial Services Committee convened Wednesday (Feb. 4) for a marathon session on financial sector stability lasting roughly five hours, characterized by sharp ideological...
Artificial intelligence (AI) has moved rapidly into every corner of the economy. Financial services is a flash point over whether AI will strengthen or destabilize...
Republican members of the House Financial Services Committee have asked federal banking regulators to reconsider the application of Enhanced Prudential Standards (EPS) for banks with...
Five witness told a House Financial Services subcommittee that AI is already changing the face of banking, improving back office operations and customer-facing interactions, but...