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FinTech Financial Services Committee Financial Services Industry

Orrick, Herrington & Sutcliffe LLP

House Financial Services Committee introduces new bill regulating AI in financial services

On July 30, the U.S. House Financial Services Committee Chairman, Rep. French Hill (R-AR), announced the introduction of a new bill to promote AI in financial services: H.R. 4801 will be known as the ‘‘Unleashing AI...more

BakerHostetler

[Podcast] The Cloakroom with Peter Roskam: 36th Annual Legislative Seminar – Congressman Bryan Steil, R-WI

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Former Congressman Peter Roskam, who leads BakerHostetler’s Federal Policy team, provides listeners with a front-row seat to the most important policy and political debates in Congress. In this episode of “The Cloakroom with...more

Jones Day

Updates on Proposed Stablecoin Legislation: the GENIUS Act and the STABLE Act

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As Congress moves to enact comprehensive stablecoin legislation under the Trump administration, both the Senate and the House of Representatives have updated their respective payment stablecoin bills. Our recent Commentary...more

Paul Hastings LLP

PHFintech: Crypto Policy Tracker - November 22, 2024

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In this update, we focus on the potential changes in the executive branch and on the congressional committees that have jurisdiction over cryptocurrency. As the transition unfolds, much attention is on who will stay from the...more

Orrick, Herrington & Sutcliffe LLP

GOP members of Financial Services Committee pen letter on bank-fintech partnerships

On October 30, Republican congressmembers serving on the U.S. House Committee on Financial Services responded to a joint Request for Information (RFI) issued by the OCC, the Fed and the FDIC. The RFI solicited input on...more

Polsinelli

Blockchain+ Bi-Weekly - November 2023 #3

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The Blockchain Bi-Weekly presented by the Polsinelli Blockchain+ team is a rundown of some of the key stories in the Web3, blockchain and crypto ecosystems curated by our attorneys navigating the intersections of code, smart...more

Poyner Spruill LLP

The 118th Congress on FinTech Legislation

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On February 14, 2023, the 118th Congress held its first hearing on cryptocurrency following the volatile events of 2022. Several issues were discussed, including the proper regulatory authority, property rights, financial...more

Ballard Spahr LLP

House Financial Services Committee announces January hearings on CRA, “rent-a-bank schemes,” mobile payments

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The House Financial Services Committee has announced that it will hold the following hearings this month: On January 14, the Subcommittee on Consumer Protection and Financial Institutions will hold a hearing entitled, “The...more

Ballard Spahr LLP

House Financial Services Task Force on Financial Technology to hold Nov. 21 hearing on the role of big data

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The Task Force on Financial Technology of the House Financial Services Committee has scheduled a hearing entitled “Banking on Your Data: The Role of Big Data in Financial Services” on November 21, 2019. The Task Force is...more

Nutter McClennen & Fish LLP

Fintech in Brief: Chairwoman Waters Outlines House Financial Services Committee’s Fall 2019 Agenda: Financial Innovation Remains...

On August 23, 2019, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, outlined her fall 2019 priorities. The Committee and its task forces will continue their focus on innovation and...more

Jones Day

House Financial Services Committee Creates Task Forces to Examine Fintech and AI Regulation

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The new task forces will hold hearings, conduct investigations, and issue reports to the full HFSC about the task forces' findings and recommendations - The House Financial Services Committee ("HFSC") recently passed...more

Ballard Spahr LLP

House Financial Services Committee establishes financial technology and artificial intelligence task forces

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Last week, the House Financial Services Committee established two task forces, one on financial technology and the other on artificial intelligence.  Both task forces were established pursuant to resolutions adopted by...more

Burr & Forman

U.S. House of Representatives Launches FinTech and Artificial Intelligence Task Forces

Burr & Forman on

On May 9, 2019, the House Financial Services Committee voted to establish two task forces dedicated to studying technological innovations that impact the financial services arena: a FinTech Task Force and an Artificial...more

Kilpatrick

Fintech to Remain a Policy Priority Area for the House Financial Services Committee

Kilpatrick on

Rep. Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, recently delivered her first policy speech in the 116th Congress. In her remarks, Chairwoman Waters included fintech as one of the priority...more

Ballard Spahr LLP

Subcommittee chairs announced by new House Financial Services Committee Chair

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Congresswoman Maxine Waters, the new Democratic Chairwoman of the House Financial Services Committee, announced that the Democratic Committee members indicated here in will serve as Subcommittee Chairs. ...more

Nutter McClennen & Fish LLP

Fintech in Brief: Ranking Member McHenry Calls for House Financial Services Committee Hearing on Financial Innovation

Congressman Patrick McHenry (R-NC), Ranking Member of the House Financial Services Committee, recently requested in a January 22, 2019 letter to Congresswoman Maxine Waters (D-CA), Chairwoman of the Financial Services...more

Nutter McClennen & Fish LLP

Fintech In Brief: Chairwoman Waters Outlines House Financial Services Committee’s Agenda: Priorities Include Financial Innovation

On January 16, 2019, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, outlined her priorities during her first policy speech in the 116th Congress. In her remarks, she indicated the...more

Robinson+Cole Data Privacy + Security Insider

U.S. Moves Ahead with Federal “Fintech Sandbox” — CFPB Announces Creation of Office of Innovation

In an effort to promote the development of new financial technology (fintech) products, Mick Mulvaney, acting director of the Consumer Financial Protection Bureau (CFPB), announced last week the creation of the Office of...more

Ballard Spahr LLP

Comptroller Otting comments on short-term, small dollar loan bulletin, special purpose national bank charter for fintech...

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Comptroller of the Currency Joseph Otting appeared before the House Financial Services Committee yesterday and before the Senate Banking Committee yesterday....more

Orrick - Finance 20/20

House Committee on Financial Services Comments on OCC Fintech Charter

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All 34 Republican members of the Financial Services Committee of the U.S. House of Representatives, including Chairman Jeb Hensarling (Tex. – R) and Vice Chairman Patrick McHenry (N.C. – R), in a letter dated March 10, 2017,...more

Ballard Spahr LLP

Congressman introduces fintech bill

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Republican Congressman Patrick McHenry, Vice Chair of the House Financial Services Committee, has introduced the “Financial Services Innovation Act of 2016,” which is intended to provide a streamlined regulatory process for...more

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