McHenry

HFSC Ranking Member Maxine Waters ‘Deeply Concerned’ About PayPal Stablecoin
HFSC Ranking Member Maxine Waters ‘Deeply Concerned’ About PayPal Stablecoin
August 09, 2023  |  Blockchain

The top Democrat on the House Financial Services Committee (HFSC), Rep. Maxine Waters, said she is “deeply concerned” about PayPal’s decision to launch a stablecoin....

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Biden Wants Tougher Penalties for Bank Executives; HFSC Announces Hearing
Biden Wants Tougher Penalties for Bank Executives; HFSC Announces Hearing
March 17, 2023  |  Regulation

The investigations into recent bank failures are just beginning. President Joe Biden released a statement Friday (March 17) calling on Congress to impose tougher penalties on senior...

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Sandbox Bill Announced For FinTech, Gov Regulations
Sandbox Bill Announced For FinTech, Gov Regulations
September 22, 2016  |  Regulation

The FinTech industry is undoubtedly a competitive one — never mind the cross-country rivalry. As digital currencies, like bitcoin, expand their reach and more people...

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