Sections
House Financial Services Committee
-
1.7KCryptocurrencyHouse Lawmakers Call Libra A Dangerous Threat
There was much skepticism and criticism — with some concerns raised more pointedly than others — during a House Financial Services Committee...
-
7.3KRegulationHearings Scheduled For BB&T, SunTrust Merger
The House Financial Services Committee has scheduled hearings about the proposed merger between BB&T and SunTrust Banks, as well as the Facebook-planned...
- 2.6KFacebook
Lawmaker Calls For Moratorium On Facebook Crypto
Facebook is facing more opposition regarding its cryptocurrency, with Congresswoman Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, calling for...
-
2.1KBankingDems Want Bank Execs To Testify Before Congress Each Year
Democrats would like to see bank executives get grilled by Congress on an annual basis. After Wall Street leaders spent hours answering...
-
4.9KBank RegulationOn The Hill, Banking’s Biggest Get Grilled
The biggest names in banking came to the Hill, repping seven of the largest financial firms in the United States. Ten years after...
-
4.6KBank RegulationBank CEOs To Assure Congress The Financial System Is Stronger Now
The heads of some of the nation’s biggest banks will stress how much more secure the financial system is thanks to regulations...
-
4.4KRegulationCFPB Head Faces Privacy Questions From Senate
The Consumer Financial Protection Bureau’s privacy practices came under scrutiny Tuesday (March 12) during a U.S. Senate hearing, further proof that issues...
-
6.1KConsumer FinanceOn Capitol Hill, Credit Bureau CEOs Say Reporting Changes Are In the Air
Lawmakers grilled the heads of Equifax, Experian and TransUnion, calling the credit reporting a “broken” system — and new legislation introduced this...
-
4.2KRegulationRep Ocasio-Cortez Calls For Hearings On Banks Lending To Immigrant Prisons
New York Rep. Alexandria Ocasio-Cortez is asking for hearings in Congress on why Wall Street is lending money to private prisons that...
-
3.9KRegulationRep. Maxine Waters Implores CFPB Employees To Report Wrongdoing
California Representative Maxine Waters has written an open letter to employees of the Consumer Financial Protection Bureau (CFPB) and urged them to...
-
4.6KRegulationAlexandria Ocasio-Cortez Joins House FinServ Committee
After two years of a lack of tough oversight, Wall Street firms should brace themselves for increased scrutiny as progressive U.S. Representative...
-
5.2KBank RegulationRep. Waters Eyes More Oversight Of Wells Fargo, Deutsche Bank
Rep. Maxine Waters, the Los Angeles congresswoman, is expected to set her sights on Wells Fargo and Deutsche Bank when she becomes...
-
3.4KCryptocurrencyKey House Member Seeks More Oversight Over Crypto ICOs, Trading
A key member of the House Financial Services Committee said Congress needs to create more oversight for cryptocurrency, specifically surrounding the “muddied...
-
3.7KSecurity & FraudSEC: Investors Need Better Cybersecurity Disclosures
The Securities and Exchange Commission’s Commissioner has revealed that when it comes to cybersecurity, investors are not getting the disclosures they need. “Let’s...
-
2.8KCryptocurrencyUS Lawmaker Wants To Ban ICOs
While the U.S. Securities and Exchange Commission’s William Hinman said the agency is “striving for a balanced approach” between digital currencies and...
-
6.2KRetailRetailers Want More From Data Breach Law
Retailers have requested that the House Financial Services Committee take a closer look at draft data breach notification legislation, saying it doesn’t...
-
4.7KData DiveThe Anything is Possible Edition: Pot, Bitcoin And Bank Branch Closing
On Friday, the Olympics kicked off in Pyeongchang – and the world got a chance to see there is no such thing...
-
3.3KPoliticsHouse Financial Services Committee Chairman Won’t Seek Re-election
Another member of the GOP has announced he won’t seek re-election in 2018. This time it’s Rep. Jeb Hensarling, who will retire...
-
4.3KCFPBChanges In Attitude, Changes In FinServ Regulatory Latitude
Last week was not a good week to be the CFPB or Dodd-Frank financial reforms. The House Financial Services Committee voted 34...
-
3.8KRetailNational Retail Federation Urges Lawmakers Not To Repeal Debit Card Swipe Reform
As the House Financial Services Committee considers approval of the Financial Choice Act, the National Retail Federation (NRF) is urging lawmakers to reject...
- 2.7KSecurity & Fraud
House Democrat Demands A Meeting With Wells Fargo Executives
Executives at Wells Fargo may soon face an interview with the top Democrat on the House of Representatives Financial Services Committee. Reuters...
-
3.5KCFPBChairman Of House Financial Services Committee Says CFPB Is A ‘Rogue Agency’
Jeb Hensarling, the chairman of the House Financial Services Committee, described the Consumer Financial Protection Bureau as a so-called “rogue agency” created...
