Tagged: house financial services commitee

July 24, 2024 @ 1:24 pm By JD Alois  |  

The House Financial Services Committee has placed two more hearings of note on its calendar. First is a hearing on ESG, or Environmental, Social, and Governance—a buzzy word that took industry by storm only to recede as the nebulous concept emerged as a distracting political… Read More

February 8, 2024 @ 10:11 pm By JD Alois  |  

The Digital Assets, Financial Technology and Inclusion Subcommittee, part of the House Financial Services Committee, has scheduled a hearing entitled, “Crypto Crime in Context Part II: Examining Approaches to Combat Illicit Activity.” The hearing is scheduled for Thursday, February 15, 2024, at 2 PM ET…. Read More

February 5, 2024 @ 8:44 am By Michael Wong  |  

Senior members of the House Financial Services Committee have formally questioned the Federal Deposit Insurance Corporation (FDIC) over its approach towards Fintech and innovation. Committee Chairman Patrick McHenry (NC-10), along with Subcommittee Chairmen Andy Barr (KY-06) and French Hill (AR-02), addressed their concerns in a… Read More

February 24, 2023 @ 7:32 pm By JD Alois  |  

Congressman Patrick McHenry, the Chairman of the House Financial Services Committee, has introduced the Data Privacy Act of 2023.  This bill aims to update financial data privacy laws, providing consumers with more control over how their personal information is collected and used. The movement to… Read More

September 20, 2019 @ 9:41 am By Omar Faridi  |  

The US House Financial Services Committee is planning to ask the Securities and Exchange Commission (SEC) to provide additional information about a litany of topics including cryptocurrencies and Facebook’s stablecoin project Libra. Other topics include the discussion on private markets vs. public markets as well… Read More

July 10, 2019 @ 3:19 pm By JD Alois  |  

The House Financial Services Committee welcomed Fed Chair Jerome Powell today to share his perspective on the state of the US economy and his opinion on the effectiveness of monetary policy. While Powell’s prepared remarks kicked off a bit of a rally on Wall Street… Read More

October 4, 2017 @ 11:19 pm By JD Alois  |  

Securities and Exchange Commission Chairman Jay Clayton spent much of today visiting with the House Financial Services Committee. This was his first hearing before the Committee since he took the helm of the regulatory agency. Much of Clayton’s prepared remarks echoed his visit to the… Read More

October 3, 2017 @ 10:04 am By JD Alois  |  

SEC Chairman Jay Clayton is scheduled to visit with the House Financial Services Committee tomorrow (October 4) beginning at 10AM ET. Clayton already testified before the Senate Banking Committee a few days back. The hearing is entitled “Examining the SEC’s Agenda, Operations, and Budget.” The… Read More

September 1, 2017 @ 2:56 pm By JD Alois  |  

Congress returns next week hopefully reinvigorated and ready to reduce regulation and pass meaningful tax reform following some time off. Congress has not accomplished too much this year, much like many past years, but hope springs eternal and after a bumpy start of the year… Read More

July 20, 2017 @ 10:49 am By JD Alois  |  

Republicans members on the House Financial Services Committee have introduced legislation (H.J. Res 111) designed to nullify a controversial rule published by the Consumer Financial Protection Bureau (CFPB). The resolution is cosponsored by all 34 Republican Members of the Financial Services Committee and mirrors a resolution… Read More

June 13, 2016 @ 9:00 am By JD Alois  |  

The House Financial Services Committee will consider the Fix Crowdfunding Act (HR 4855) alongside several other bills during their meeting this week (Jun 15, 2016) beginning at 10AM.  The Committee meetings are live-streamed on the Committee’s website. The Fix Crowdfunding Act is widely viewed as… Read More