To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
January 22, 2025 - The U.S. House Committee on Financial Services held the 119th Congress Organizational Meeting....more
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more
December 5, 2024 - The Federal Reserve Bank of New York published a staff report entitled “Corporate Debt Structure over the Global Credit Cycle.” December 5, 2024 - The Federal Reserve Board published a Liberty Street...more
December 4, 2024- The U.S. House Committee on Financial Services held a hearing entitled “Innovation Revolution: How Technology is Shaping the Future of Finance.”...more
On November 20, the House Financial Services Committee held a hearing titled “Oversight of Prudential Regulators” to question the directors and focus on the recent actions and future plans of the Fed, the FDIC, the NCUA, and...more
November 11, 2024- Florida’s Office of Financial Regulation placed Alliance Credit Union of Florida in Gainesville, Florida, into conservatorship, and appointed the National Credit Union Administration as conservator....more
July 10, 2024 - The U.S. House Committee on Financial Services held a hearing entitled, “The Federal Reserve’s Semi-Annual Monetary Policy Report.” The Committee heard testimony from The Honorable Jerome H. Powell,...more
March 20, 2024- The U.S. House Committee on Financial Services Subcommittee on Capital Markets held a hearing entitled, "SEC Overreach: Examining the Need for Reform." March 20, 2024- The U.S. House Committee on...more
March 13, 2024- The U.S. House Committee on Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion held a hearing entitled, "Bureaucratic Overreach or Consumer Protection? Examining the...more
March 12, 2024 - The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Examining Proposals to Address Housing Affordability, Availability, and Other Community Needs."...more
February 6, 2024- The U.S. House Committee on Financial Services held a hearing entitled, "The Annual Report of the Financial Stability Oversight Council." The Committee heard testimony from Secretary of the Treasury Janet...more
Bipartisan, Bicameral Congressional Review Act resolution addressing Securities and Exchange Commission Staff Accounting Bulletin 121 Introduced- A resolution invoking the Congressional Review Act was introduced to...more
January 18, 2024- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "National Security Challenges: Outpacing China in Emerging Technology."...more
January 17, 2024- U.S. Senate Committee on Banking, Housing, and Urban Affairs Ranking Member Tim Scott (R-S.C.) led a letter to the Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of...more
December 20, 2023- U.S. House Committee on Financial Services Chair Patrick McHenry (NC-10) and Congressman Mike Flood (NE-01) led 18 of their colleagues on a letter to Consumer Financial Protection Bureau Director Rohit...more
This week, the Senate Banking Committee and the House Financial Services Committee held oversight hearings with leaders of the Federal Deposit Insurance Corporation (“FDIC”), Federal Reserve Board (“FRB”), the National Credit...more
October 19, 2023- The Consumer Financial Protection Bureau proposed a rule that would accelerate a shift toward open banking, where consumers would have control over data about their financial lives and would gain new...more
September 12, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Oversight of the U.S. Securities and Exchange Commission."...more
September 7, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Perspectives on Challenges in the Property Insurance Market and the Impact on Consumers."...more
July 27, 2023- The Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency are requesting comment on a proposal to increase the strength and...more
July 20, 2023- The Subcommittee on Digital Assets, Financial Technology and Inclusion of the House Committee on Financial Services and the House Committee on Agriculture, the Subcommittee on Commodity Markets, Digital...more
July 5, 2023- The U.S. House Committee on Financial Services announced the following hearing: "Protecting Investor Interests: Examining Environmental and Social Policy in Financial Regulation"...more
July 5, 2023- The Board of Governors of the Federal Reserve System (Federal Reserve) released the minutes of the Federal Open Market Committee meeting that was held on June 13–14, 2023....more
June 22, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "The Semiannual Monetary Policy Report to the Congress." June 22, 2023- The U.S. House Committee on Financial...more