House Financial Services Committee

Regulators Tell House Committee They’ll Pause New Banking Rules
Regulators Tell House Committee They’ll Pause New Banking Rules
November 20, 2024  |  Bank Regulation

There’ll be a moratorium on new banking rules — at least for a bit. A trio of the top financial services industry regulators told the...

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McHenry: Banking Regulators Stuck ‘Fighting the Last War’
McHenry: Banking Regulators Stuck ‘Fighting the Last War’
November 20, 2024  |  Bank Regulation

By this time next year, America’s banking regulators will likely have new leadership. At a hearing Wednesday (Nov. 20) Rep. Patrick McHenry took the outgoing...

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House Republicans Blast ‘Undue Scrutiny’ of Bank-FinTech Partnerships
House Republicans Blast ‘Undue Scrutiny’ of Bank-FinTech Partnerships
October 31, 2024  |  Bank Regulation

House Republicans are warning against what they argue is regulatory overreach in bank-FinTech partnerships. The lawmakers — all members of the House Financial Services Committee...

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This Week Web3: Scams, Payments and Stablecoins
This Week Web3: Scams, Payments and Stablecoins
September 04, 2024  |  Blockchain

A lot can change in five years, particularly when it comes to fast-moving innovations like blockchain technology. Back in 2019, the crypto landscape was marked...

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HFSC to Hold Hearings on Decentralized Finance, ESG Standards
HFSC to Hold Hearings on Decentralized Finance, ESG Standards
September 03, 2024  |  Politics

Subcommittees of the House Financial Services Committee (HFSC) will hold two hearings on Sept. 10, with one focused on decentralized finance and the other looking...

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US House Leaders Call on Regulators to Focus on AI Benefits
US House Leaders Call on Regulators to Focus on AI Benefits
August 16, 2024  |  Artificial Intelligence

Leaders of the House Financial Services Committee (HFSC) called on the Treasury Department to focus on the potential benefits of artificial intelligence as the department...

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House Republicans Slam CFPB’s Medical Bill Proposal
House Republicans Slam CFPB’s Medical Bill Proposal
August 15, 2024  |  Consumer Finance

House Republicans are attacking a proposal that would remove medical bills from consumer credit reports. The Consumer Financial Protection Bureau (CFPB) issued its proposed rule...

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HFSC Chairman McHenry: US Must Remain Leader in AI Development
HFSC Chairman McHenry: US Must Remain Leader in AI Development
July 23, 2024  |  artificial intelligence

The financial services industry may serve as a proving ground for the regulation of artificial intelligence (AI), House Financial Services Committee Chairman Patrick McHenry, R-N.C.,...

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AI’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
AI’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
July 18, 2024  |  artificial intelligence

Artificial intelligence (AI) is set to revolutionize finance and housing, bringing both game-changing benefits and thorny new risks that demand vigilant oversight, a bipartisan House...

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