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 regulators to task. McHenry, the North Carolina Republican who serves as chair of the House Financial Services Committee accused officials...
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 – issued a letter Thursday (Oct. 31) to regulators at the Federal Reserve Board, Office of the Comptroller of the...
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 by several themes and trends that reflected the early stages of adoption, experimentation and regulatory uncertainty. Today’s digital asset landscape...
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 at environmental, social and governance (ESG) standards. HFSC Chairman Patrick McHenry, R-N.C., announced these scheduled hearings in a Tuesday (Sept....
March 27, 2023
If there is one thing that QED Partner Amias Gerety says needs to happen right away, it’s to stop using the world bailout to describe what happened when the FDIC stepped in to rescue Silicon Valley Bank. Gerety told Karen Webster that to have a constructive dialogue on what was done, and what needs to […]
April 11, 2019
The biggest names in banking came to the Hill, repping seven of the largest financial firms in the United States. Ten years after the financial crisis, the rebound has been palpable,...
February 27, 2019
Lawmakers grilled the heads of Equifax, Experian and TransUnion, calling the credit reporting a “broken” system — and new legislation introduced this week has some far-reaching changes. In the meantime,...
May 09, 2017
Last week was not a good week to be the CFPB or Dodd-Frank financial reforms. The House Financial Services Committee voted 34 to 26 to repeal and replace it with...
November 20, 2024
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 regulators to task. McHenry, the North Carolina Republican who serves as chair of the House Financial Services Committee accused officials at agencies like the Federal Deposit Insurance Corp. (FDIC) of […]
October 31, 2024
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 – issued a letter Thursday...
September 03, 2024
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 at environmental, social and governance...
August 16, 2024
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 considers how to regulate the...
