Tagged: senate banking committee

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

SEC Chair Jay Clayton told Senate Banking Committee they are Focusing Significant Attention on Digital Assets & ICOs

Last week, the Securities and Exchange Commission (SEC) Chair Jay Clayton addressed the Senate Banking Committee. His testimony was a routine trip to Capitol Hill when Chair Clayton is expected to update Congress on their regulatory initiatives and any challenges. Topics included the declining IPO… Read More

This is the One to Watch: Senate Banking Committee to Hold Hearing on Virtual Currencies. SEC Chair Jay Clayton and CFTC Chair J. Christopher Giancarlo to Testify

The Senate Committee on Banking, Housing and Urban Affairs will be holding a hearing on cryptocurrencies this Tuesday. Entitled, Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission, this will be a Hearing to watch as both… 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

Fostering Economic Growth: The Role of Financial Companies – Washington, DC

THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION to conduct a hearing entitled, “Fostering Economic Growth: The Role of Financial Companies.” The witnesses will be: The Honorable Robert Heller, Former Governor, Board of Governors of the Federal Reserve System; The… Read More

Senate Banking Committee Meets on Nomination of Jay Clayton for SEC Chair

  The Senate Banking Committee, Chaired by Senator Mike Crapo, is set to hold the nomination hearing this morning regarding the appointment of Jay Clayton as SEC Chair.  The hearing will be live-streamed on the Committee’s website beginning at 930AM. Clayton, a longtime corporate attorney,… Read More

SEC Chair Mary Jo White Talks JOBS Act in Testimony to Senate

Securities and Exchange Commission (SEC) Chair Mary Jo White testified before the Senate Banking, Housing & Urban Affairs Committee this past week.  In her prepared comments, entitled “Oversight of Financial Stability and Data Security“, she addressed a litany of challenges and initiatives presently being addressed… Read More

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