Tagged: mike crapo

US Senate Banking Committee Asks Mark Zuckerberg for Details Regarding Facebook’s Secretive “Libra” Cryptocurrency Project

US Senators Mike Crapo and Sherrod Brown have sent an open letter to Facebook CEO Mark Zuckerberg asking him to provide information on the company’s much-anticipated and highly-secretive “Libra” cryptocurrency project. So far, little is known publicly about the project, although reporting at Bloomberg indicates… Read More

Senate Banking Committee Agenda for 116th Congress Has Fintech on the List

Yesterday, the US Senate Committee on Banking, Housing, and Urban Affairs outlined their top priorities for the 116th Congress. The Chairman of the Committee, Senator Mike Crapo, explained: “[we] will continue to identify and move bipartisan legislative solutions that promote economic growth; build a record for… Read More

Senate Confirms Elad L. Roisman as SEC Commissioner

In a Senate vote today, the nomination of Elad L. Roisman as a member of the Securities and Exchange Commission (SEC) was confirmed. Roisman received bipartisan support as 85 Senators voted to approve Roisman and only 14 Democrats voted against his nomination. Selected by President… Read More

Prepared Testimony by SEC Chair Jay Clayton & CFTC Chair J. Christopher Giancarlo is Published in Advance of Senate Banking Committee Hearing on Virtual Currencies

As we reported this past weekend, the Senate Committee on Banking, Housing and Urban Affairs, is queued up to hold a hearing on virtual currencies or cryptocurrencies. What makes this hearing interesting is the fact the two witnesses are the leading regulators in the cryptocurrency… Read More

Things May Get Easier for Smaller Banks as Senate Banking Committee Moves forward with S.2155

The “Economic Growth, Regulatory Relief, and Consumer Protection Act” was approved by the Senate Committee on Banking today in a legislative move that may improve the environment for much beleaguered banking industry – most profoundly smaller banks. S.2155 found bipartisan support as the bill was… Read More

Financial Innovation Now Submits Recommendations to Senators Crapo & Brown as to How to Boost the Economy

Financial Innovation Now (FIN) has submitted their recommendations to Senators Crapo and Brown, the Chair and Ranking Member on the Senate Banking Committee, as to how best to improve Economic Growth. The proposals follow a public request by the two Senators asking members of the public… Read More

Two US Senators Ask for Public Proposals to Boost Economic Growth

Senator Mike Crapo and Senator Sherrod Brown, have asked the public to pitch ideas as to how to boost economic growth. Crapo, a Republican, is the Chairman of the Senate Banking Committee. Brown is the ranking Democrat on the same committee. In an act of… Read More

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