House Financial Services Committee

On Capitol Hill, Credit Bureau CEOs Say Reporting Changes Are In the Air

On Capitol Hill, Credit Bureau CEOs Say Reporting Changes Are In the Air
On Capitol Hill, Credit Bureau CEOs Say Reporting Changes Are In the Air
February 27, 2019  |  Consumer Finance

Lawmakers grilled the heads of Equifax, Experian and TransUnion, calling the credit reporting a “broken” system — and new legislation introduced this week has some...

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Rep Ocasio-Cortez Calls For Hearings On Banks Lending To Immigrant Prisons
Rep Ocasio-Cortez Calls For Hearings On Banks Lending To Immigrant Prisons
February 25, 2019  |  Legal & Regulation

New York Rep. Alexandria Ocasio-Cortez is asking for hearings in Congress on why Wall Street is lending money to private prisons that house undocumented immigrants,...

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Rep. Maxine Waters Implores CFPB Employees To Report Wrongdoing
Rep. Maxine Waters Implores CFPB Employees To Report Wrongdoing
February 25, 2019  |  Legal & Regulation

California Representative Maxine Waters has written an open letter to employees of the Consumer Financial Protection Bureau (CFPB) and urged them to provide information and...

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Alexandria Ocasio-Cortez Joins House FinServ Committee
Alexandria Ocasio-Cortez Joins House FinServ Committee
January 16, 2019  |  Legal & Regulation

After two years of a lack of tough oversight, Wall Street firms should brace themselves for increased scrutiny as progressive U.S. Representative Alexandria Ocasio-Cortez of...

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Rep. Waters Eyes More Oversight Of Wells Fargo, Deutsche Bank
Rep. Waters Eyes More Oversight Of Wells Fargo, Deutsche Bank
November 13, 2018  |  Bank Regulation

Rep. Maxine Waters, the Los Angeles congresswoman, is expected to set her sights on Wells Fargo and Deutsche Bank when she becomes head of the...

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Key House Member Seeks More Oversight Over Crypto ICOs, Trading
Key House Member Seeks More Oversight Over Crypto ICOs, Trading
July 27, 2018  |  Cryptocurrency

A key member of the House Financial Services Committee said Congress needs to create more oversight for cryptocurrency, specifically surrounding the “muddied and fairly opaque”...

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SEC: Investors Need Better Cybersecurity Disclosures
SEC: Investors Need Better Cybersecurity Disclosures
June 22, 2018  |  Cybersecurity

The Securities and Exchange Commission’s Commissioner has revealed that when it comes to cybersecurity, investors are not getting the disclosures they need. Get the Full Story...

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US Lawmaker Wants To Ban ICOs
US Lawmaker Wants To Ban ICOs
April 27, 2018  |  Cryptocurrency

While the U.S. Securities and Exchange Commission’s William Hinman said the agency is “striving for a balanced approach” between digital currencies and initial coin offerings...

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