Tagged: senate committee on banking

Acting Comptroller Outlines OCC Priorities, Includes Fintech, Crypto in Statement to Senate Banking Committee

The Acting Comptroller of the Currency, Michael J. Hsu, testified in front of the Senate Committee on Banking today. In prepared testimony, the Acting Comptroller outlined his priorities for the bank regulator. In opening statements, the Chair of the Committee, Senator Sherrod Brown, took a… Read More

Senate Committee on Banking Holds Hearing on New Consumer Financial Products

Today, the Senate Committee on Banking, Housing, and Urban Affairs, will hold a hearing on New Consumer Financial Products and the Impacts to Workers – typically these products are provided by Fintechs. Last week, Committee Chairman, Senator Sherrod Brown, hosted a “listening session” regarding new… Read More

Congress to Bring Big Bank CEOs Back to the Hill

The Chairwoman of the House Committee on Financial Services, Maxine Waters, and the Chairman of the Senate Committee on Banking, Sherrod Brown, have jointly announced a new round of hearings that will see the CEOs of the top US banks testify in front of each… 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

Dr. Doom Does DC: Blockchain Industry Execs Fire Back at Roubini’s Comments from US Senate Hearing

This morning, well known economist Dr. Nouriel Roubini and Peter Van Valkenburg, Director of Research at Coin Center testified before the U.S. Senate Committee on Banking, Housing and Urban Affairs. The topic of discussion was cryptocurrency and the emerging blockchain technology. Roubini attacked and Van… Read More

Templum Submits Written Testimony to Senate Banking Committee in Advance of Crypto / Blockchain Hearing

Templum, a regulated alternative trading system (ATS) that is operating in the security token space, has submitted written testimony to the Senate Committee on Banking, Housing, and Urban Affairs. The document arrives just in advance of the widely anticipated Senate Hearing that will see Dr…. Read More

Big Debate: Senate Banking Committee Schedules Hearing on Crypto. Witnesses Include Dr. Nouriel Roubini and Peter Van Valkenburgh

The Senate Committee on Banking, Housing and Urban Affairs, has scheduled a hearing that should be a fascinating debate on the topic of cryptocurrency and blockchain technology. Entitled Exploring the Cryptocurrency and Blockchain Ecosystem, the hearing is scheduled to take place on Thursday, October 11th… Read More

Initial Coin Offering Attorneys Beware, You Could Be Next!

Following the SEC’s recent initial subpoena offerings (pun intended) targeting initial coin offering (ICO) issuers, many believe the SEC might now turn its sights toward some of the gatekeepers involved in the subject ICOs, including the attorneys. Some attorneys practicing in the ICO space have… 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

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