House Financial Services Committee

CFPB Head Faces Privacy Questions From Senate
CFPB Head Faces Privacy Questions From Senate
March 13, 2019  |  Regulation

The Consumer Financial Protection Bureau’s privacy practices came under scrutiny Tuesday (March 12) during a U.S. Senate hearing, further proof that issues related to online...

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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  |  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  |  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  |  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  |  Security & Fraud

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 give them some...

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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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