House Financial Services Committee

Did Ben Carson just mistake an REO for an Oreo?

05/21/19

Secretary of Housing and Urban Development Ben Carson appeared not to recognize a commonly known real estate term during a congressional hearing on Tuesday.

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Backers of pot banking bill see the finish line in House

05/21/19

The legislation faces a tougher path in the Senate where GOP leaders are reluctant to ease restrictions on what is still a banned narcotic.

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Is it too late for Congress to stop CECL?

05/20/19

Both Democrats and Republicans devoted considerable time at a House Financial Services Committee hearing last week to lamenting how the accounting standard will hurt small lenders.

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States could solve beneficial ownership issue: OCC's Otting

05/20/19

Banks would be better able to comply with anti-money-laundering laws if all 50 states collected information on the owners of new corporations and published it in a national database, Comptroller Joseph Otting said Monday.

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'Absolutely devastating’ to small lenders: Lawmakers lay into CECL

05/16/19

Democrats and Republicans on the House Financial Services Committee called for steps to minimize the harm to community banks and credit unions bracing for the new accounting standard.

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Dimon, other CEOs would testify each year under Democratic bill

05/15/19

Draft legislation to make annual testimony mandatory for the chiefs of the largest banks was added to the agenda of a House Financial Services Committee hearing set for Thursday.

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House Dems: Fed should 'enact protections' instead of deregulating

05/15/19

Over a dozen progressive lawmakers urged the central bank to reverse its course and protect bank regulations enacted after the financial crisis.

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Despite delays, beneficial ownership bill will move forward: Maloney

05/14/19

Rep. Carolyn Maloney said Tuesday that her legislation aimed at restricting anonymous shell companies could get a vote in the Financial Services Committee as early as the end of June, after consideration was postponed last week.

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CFPB political appointee named agency's No. 2

05/13/19

Brian Johnson, a Republican political appointee at the CFPB, has been named the agency's deputy director, the No. 2 job behind Director Kathy Kraninger.

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FHFA announces senior staff appointments

05/13/19

The Federal Housing Finance Agency has named three senior advisers for policy, economics and communications.

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