News Topic: House Financial Services Committee
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Waters asks top U.S. banks for details on profits from American slavery
6 congressional races for bankers to watch in 2022
Republicans seek to undercut CFPB chief’s role at FDIC
Crypto executives to face House lawmakers at Dec. 8 hearing
Fed won't ban private stablecoins, Powell says
House committee advances bill to address Libor transition
Banking bills doomed in Congress still credited with fostering change
Maloney reintroduces bill to curb banks' overdraft fees
Cybersecurity is top issue for bankers, but not for lawmakers
More D.C. fireworks: Lawmakers, CEOs clash on minority outreach, overdrafts
Bank regulators grilled on climate efforts, ILCs, 'true lenders'
House bill aims to protect consumers from debt collector harassment
It’s not 2008, but bank CEO hearings could still get testy
Pot banking bill's closer to finish line, but Democrats could sabotage it
House bill aims to encourage more de novo banks
Senate Democrats initiate reversal of OCC 'true lender' rule
Democrats have proposed a Congressional Review Act resolution to strike down the OCC rule, arguing it enables "rent-a-bank" schemes. ]] ... Read full article
Fed's Powell sees opportunity for joint CRA overhaul
Federal Reserve Chair Jerome Powell said bank regulators still aim to write a universal rule updating the Community Reinvestment Act, despite years of disagreement between the agencies on how to proceed. ... Read full article
How long should small-business, mortgage aid last?
House Financial Services Committee members were at odds over whether to have support for homeowners and the State Small Business Credit Initiative, both included the $1.9 trillion stimulus plan, expire when the pandemic ends or later. ... Read full article
Biden’s banking picks shouldn’t expect Yellen treatment
The Senate’s confirmation of Treasury Secretary Janet Yellen was notably bipartisan. But experts say congressional Republicans are poised to give nominees for the federal banking agencies heavier scrutiny. ... Read full article