Senate Banking Committee

Possible Banking Regulations Come to Light During Senate Hearing

Possible Banking Regulations Come to Light During Senate Hearing
Possible Banking Regulations Come to Light During Senate Hearing
March 28, 2023  |  Bank Regulation

Possible future banking regulations came to light during a Senate committee hearing. The proposals were mentioned by Federal Reserve Vice Chair for Supervision Michael Barr...

READ MORE >
Regulators Tell Senate Lawmakers SVB Bank Leaders Ignored Warnings
Regulators Tell Senate Lawmakers SVB Bank Leaders Ignored Warnings
March 28, 2023  |  Bank Regulation

Lawmakers let their frustrations with regulators fly during Tuesday’s (March 28) Senate Banking Committee hearing. The collapse of Silicon Valley Bank (SVB) and Signature Bank...

READ MORE >
Regulators Seek ‘Unflinching’ Look at SVB and Bank Supervision at Capitol Hill Hearings
Regulators Seek ‘Unflinching’ Look at SVB and Bank Supervision at Capitol Hill Hearings
March 27, 2023  |  Bank Regulation

It’s common practice on Capitol Hill for witnesses — appearing before various committees — to release their testimony ahead of time. And what’s written down...

READ MORE >
Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
December 14, 2022  |  Cryptocurrency

Another day, another congressional committee hearing on the FTX crypto collapse. Fresh off of Tuesday’s (Dec. 13) House Financial Services Committee hearing covering the collapse...

READ MORE >
FTX Inquiry Sets Stage for Regulatory Turf War
FTX Inquiry Sets Stage for Regulatory Turf War
December 01, 2022  |  Cryptocurrency

Sam Bankman-Fried (SBF) isn’t the only one going in front of an audience this week. Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam appeared before...

READ MORE >
Sen Sherrod Brown Seeks More Cooperation on Crypto Regulation
Sen Sherrod Brown Seeks More Cooperation on Crypto Regulation
November 30, 2022  |  Cryptocurrency

The head of the Senate Banking Committee is calling for tougher cryptocurrency regulation. In a letter published Wednesday (Nov. 30), U.S. Senator Sherrod Brown called...

READ MORE >
Congress Drills Bank Brass on Authorized Push Payments Fraud
Congress Drills Bank Brass on Authorized Push Payments Fraud
September 23, 2022  |  Bank Regulation

The top brass of the country’s seven biggest financial institutions faced lawmakers in a second meeting on Capitol Hill about accountability, consumer protection, and compliance,...

READ MORE >
CFPB’s Chopra Tells GOP Old Laws Still Apply for New Offenders
CFPB’s Chopra Tells GOP Old Laws Still Apply for New Offenders
September 15, 2022  |  Legal & Regulation

Speaking at a virtual event for the anniversary of a watchdog group, the Consumer Financial Protection Bureau (CFPB) boss took the opportunity to address a...

READ MORE >