Finance, investment and tax-related legislation

House passes five bipartisan financial services bills

09/11/19

The legislation takes aim at third-party bank service vendors, the backlog of FHA appraisals, rural housing assistance and other issues where there is broad agreement.

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Trump administration will move on GSE plans if Congress doesn't: Mnuchin

09/09/19

The Treasury secretary said he hopes lawmakers will back reforms of Fannie Mae and Freddie Mac within three to six months.

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Why Senate Republicans are sitting out pot banking fight

08/14/19

The 2020 election is shaping up to be a key yardstick for legislation expanding cannabis firms’ financial services access.

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Is a hearing on pot banking as far as GOP will go?

07/23/19

Despite the Senate Banking Committee’s willingness to discuss the issue, Republican support for legislation is still in question.

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Despite outcry, Congress unlikely to block Facebook's crypto plan

07/19/19

Lawmakers from both parties strongly criticized Libra this week, but largely steered clear of proposals to stop it.

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Lawmakers unveil competing flood insurance bill

07/16/19

Members from states threatened by storms say their proposal is better for consumers than recent legislation passed by the House Financial Services Committee.

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House Democrats seek to bar tech firms from operating like banks

07/15/19

Lawmakers circulated a bill just ahead of hearings on Facebook’s Libra cryptocurrency that would prohibit companies with over $25 billion in annual revenue from launching a digital financial asset.

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Pot banking hearing is on Crapo’s radar

07/11/19

The head of the Senate Banking Committee said the panel could examine an industry-supported cannabis banking bill "relatively soon."

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Pot banking reform gets a boost from Barr endorsement

04/11/19

The attorney general told lawmakers that exempting states that have legalized marijuana from the federal ban is better than the current system where state and federal laws are in conflict.

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Choke Point epilogue: Are banks free to refuse service?

04/04/19

The battle lines drawn over federal efforts to restrict bank relationships with politically risky industries used to be clear cut. Not anymore.

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