Tagged: house financial services committee

House Financial Services Subcommittee Schedules Hearing on Illicit Use of Cryptocurrencies

The House Financial Services Subcommittee on Terrorism and Illicit Finance, has scheduled a hearing on June 20th on the topic of “Illicit Use of Virtual Currency and the Law Enforcement Response.” This is an important topic that impacts all cryptocurrencies so expect wide viewership from… Read More

House Financial Services Committee Schedules Hearing with OCC Chief Joseph Otting to Discuss Financial Industry Regulation

The House Financial Services Committee has scheduled a hearing entitled “Financial Industry Regulation: the Office of the Comptroller of the Currency.” The hearing, which will involve the Comptroller of the OCC Joseph Otting, will take place on Wednesday, June 13 at 10AM ET at the Rayburn… Read More

SEC Chair Jay Clayton & CFTC Chair J. Christopher Giancarlo to Testify Before Senate Committee On Appropriations Subcommittee on Budget Requests

CFTC Chair J. Christopher Giancarlo and SEC Chair Jay Clayton will be visiting Capitol Hill together once again to testify before a Senate Subcommittee. This time, Clayton and Giancarlo will be testifying before the Senate Committee On Appropriations Subcommittee on Budget Requests, tomorrow (June 5, 2018)… Read More

House Financial Services Committee Updates on March 14th Hearing on Cryptocurrencies and Initial Coin Offerings

As Crowdfund Insider shared last week, the House Financial Services Committee, Subcommittee on Capital Markets, Securities, and Investment will hold a hearing entitled “Examining Cryptocurrencies and ICO Markets.” The Hearing will take place at Rayburn House Office Building in Washington, DC but the proceedings will… Read More

House Financial Services Committee Schedules Hearing on Cryptocurrencies and ICOs

The House Financial Services Committee has scheduled a Hearing on “Examining the Cryptocurrencies and ICO Markets.” The Hearing will take place on March 14th at 10AM and  should be live streamed on the Committee website. Details are thin for the moment but as soon as we… Read More

Reg A+ May Soon Allow Companies to Raise Up to $75 Million

The House Financial Services Committee has been rather busy of late. The powerful Committee led by Chair Jeb Hensarling has been pushing through legislation at a brisk pace. Next Tuesday (November 14th), the Committee has over 20 bills to consider. One of the bills, HR… Read More

House Financial Services Committee Schedules Hearing on Access to Capital

The House Financial Services Committee, Subcommittee on Capital Markets, Securities, and Investment, has scheduled a hearing to discuss, “Legislative Proposals to Improve Small Businesses’ and Communities’ Access to Capital”. This hearing, which will be live streamed on the HFSC site, is scheduled to take place… Read More

House Financial Committee to Consider Over 20 Bills Next Week

The House Financial Services Committee has scheduled a hearing for next Wednesday, October 11 with an entire battalion of bills to consider. The more than twenty bills include several interesting acts of legislation.  Included on the list is a fix to the onerous definition of… Read More

SEC Chairman Jay Clayton says ICOs Have Some Good But Also New Avenue for Fraud

The Chairman of the Securities and Exchange Commission, Jay Clayton, visited with the House Financial Services Committee today. In his prepared remarks and along with subsequent questioning, Clayton aptly defended the importance of capital formation and the need to have a robust Initial Public Offering… Read More

House Committee Mentions Cryptocurrency Use by Terrorists

The House Financial Services Committee, Terrorism and Illicit Finance Subcommittee, held a hearing yesterday to analyze strategies to combat financial backing of lone-wolf and small-scale terrorist attacks. As part of the discussion the usage of using cryptocurrencies as a method for transferring funds was addressed…. Read More

Point of View: Regulating The Fintech Revolution

What was previously a relatively innocuous industry sector, the financial technology (or “Fintech”) industry has exploded over the past few years. With the litany of new Fintech startups and existing Fintech businesses, and even Fintech specific incubators and accelerators popping up, the Fintech revolution is… Read More

House Committee Schedules Hearing on the State of Bank Lending

The Subcommittee on Financial Institutions, part of the House Financial Services Committee, has scheduled a hearing on the state of bank lending in the US. The hearing will take place at 2PM Tuesday, March 28th. Typically these hearings are live-streamed on the HFSC website. The… Read More

Update: Financial Services Committee Hearing on JOBS Act Progress Moved to March 22nd

Originally scheduled to take place tomorrow (March 15, 2017), the Hearing entitled “The JOBS Act at Five: Examining Its Impact and Ensuring the Competitiveness of the U.S. Capital Markets”, hosted by the Subcommittee on Capital Markets, part of the House Committee on Financial Services, has been… Read More

House Financial Services Committee Hearing: The JOBS Act at Five – Witness List

Crowdfund Insider reported on the forthcoming House Financial Services Committee hearing on the JOBS Act last week and today the list of witnesses has been revealed. The hearing entitled, “The JOBS Act at Five: Examining Its Impact and Ensuring the Competitiveness of the U.S. Capital… Read More

House Committee Schedules Hearing on the JOBS Act of 2012

The subcommittee on Capital Markets, Securities, and Investments, part of the House Financial Services Committee, has scheduled a hearing to review the JOBS Act: the law the created the various iterations of investment crowdfunding. The hearing entitled, “The JOBS Act at Five: Examining Its Impact… Read More

House Finance Services Committee Approves Six Bills to Help Small Business

The House Financial Services Committee (HFSC) approved six bills today, each designed to improve the environment for small business. All of these bills had previously passed the Committee in a prior iteration. Several had been approved by the full House. HFCS Chairman Jeb Hensarling commented… Read More

Congressman Jeb Hensarling to Remain Chair of House Financial Services Committee

Congressman Jeb Hensarling will continue his leadership as Chairman of the influential House Financial Services Committee during the forthcoming 115th Congress in 2017. Hensarling has been a vocal advocate of regulatory rationalization regarding the financial services sector. Hensarling has attempted to address the current environment of… Read More

SEC Chair Mary Jo White to Testify Before House Financial Services Committee Today

Outgoing SEC Chair Mary Jo White will be testifying today (November 15, 2016) before the House Financial Services Committee. White announced her intent to depart the Commission at the end of the Obama’s administration yesterday (November 14th).  The somewhat routine hearing is entitled; “Examining the… Read More

Busy Week at House Financial Services Committee

The House Financial Services Committee, chaired by Congressman Jeb Hensarling, has booked a busy schedule next week. Included on the list of hearings is a visit from Secretary of the Treasury Jack Lew. Testifying on Thursday, September 22nd at 10AM, Lew will be addressing the… Read More

House of Representatives to Debate “Accelerating Access to Capital Act” & More to Help Small Business

This coming week the House of Representatives will debate several bills previously approved by the Financial Services Committee.  The legislation is designed to improve access to capital for SMEs by reducing regulatory burdens and streamlining the process. HR 2357, the Accelerating Access to Capital Act,… Read More