House Financial Services Committee

French Hill to Chair House Finance Committee; Promises ‘Common-Sense Economic Policies’
French Hill to Chair House Finance Committee; Promises ‘Common-Sense Economic Policies’
December 12, 2024  |  Legal & Regulation

U.S. Rep. French Hill, R-Ark., is set to become the next chairman of the House Financial Services Committee (HFSC) after being elected by the House...

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Congress Eyes Regulating AI as Finance and Healthcare Sectors Struggle With Adoption
Congress Eyes Regulating AI as Finance and Healthcare Sectors Struggle With Adoption
December 04, 2024  |  Artificial Intelligence

European financial firms lag in artificial intelligence (AI) adoption just as U.S. lawmakers move to boost AI oversight in banking and healthcare, with a new...

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House Committee Leaders Want Study of AI’s Impact on Financial Services
House Committee Leaders Want Study of AI’s Impact on Financial Services
December 02, 2024  |  Artificial Intelligence

The House Financial Services Committee (HFSC) aims to play a role in the development of artificial intelligence (AI) as the technology impacts the financial services and...

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Regulators Tell House Committee They’ll Pause New Banking Rules
Regulators Tell House Committee They’ll Pause New Banking Rules
November 20, 2024  |  Bank Regulation

There’ll be a moratorium on new banking rules — at least for a bit. A trio of the top financial services industry regulators told the...

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McHenry: Banking Regulators Stuck ‘Fighting the Last War’
McHenry: Banking Regulators Stuck ‘Fighting the Last War’
November 20, 2024  |  Bank Regulation

By this time next year, America’s banking regulators will likely have new leadership. At a hearing Wednesday (Nov. 20) Rep. Patrick McHenry took the outgoing...

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House Republicans Blast ‘Undue Scrutiny’ of Bank-FinTech Partnerships
House Republicans Blast ‘Undue Scrutiny’ of Bank-FinTech Partnerships
October 31, 2024  |  Bank Regulation

House Republicans are warning against what they argue is regulatory overreach in bank-FinTech partnerships. The lawmakers — all members of the House Financial Services Committee...

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This Week Web3: Scams, Payments and Stablecoins
This Week Web3: Scams, Payments and Stablecoins
September 04, 2024  |  Blockchain

A lot can change in five years, particularly when it comes to fast-moving innovations like blockchain technology. Back in 2019, the crypto landscape was marked...

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HFSC to Hold Hearings on Decentralized Finance, ESG Standards
HFSC to Hold Hearings on Decentralized Finance, ESG Standards
September 03, 2024  |  Legal & Regulation

Subcommittees of the House Financial Services Committee (HFSC) will hold two hearings on Sept. 10, with one focused on decentralized finance and the other looking...

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US House Leaders Call on Regulators to Focus on AI Benefits
US House Leaders Call on Regulators to Focus on AI Benefits
August 16, 2024  |  Artificial Intelligence

Leaders of the House Financial Services Committee (HFSC) called on the Treasury Department to focus on the potential benefits of artificial intelligence as the department...

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