House Financial Services Committee

Hearings Scheduled For BB&T, SunTrust Merger
Hearings Scheduled For BB&T, SunTrust Merger
June 25, 2019  |  Regulation

The House Financial Services Committee has scheduled hearings about the proposed merger between BB&T and SunTrust Banks, as well as the Facebook-planned cryptocurrency Libra. According...

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Lawmaker Calls For Moratorium On Facebook Crypto
Lawmaker Calls For Moratorium On Facebook Crypto
June 19, 2019  |  Facebook

Facebook is facing more opposition regarding its cryptocurrency, with Congresswoman Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, calling for a moratorium on...

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Dems Want Bank Execs To Testify Before Congress Each Year
Dems Want Bank Execs To Testify Before Congress Each Year
May 16, 2019  |  Banking

Democrats would like to see bank executives get grilled by Congress on an annual basis. After Wall Street leaders spent hours answering lawmakers’ questions at...

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On The Hill, Banking’s Biggest Get Grilled
On The Hill, Banking’s Biggest Get Grilled
April 11, 2019  |  Bank Regulation

The biggest names in banking came to the Hill, repping seven of the largest financial firms in the United States. Ten years after the financial crisis,...

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Bank CEOs To Assure Congress The Financial System Is Stronger Now
Bank CEOs To Assure Congress The Financial System Is Stronger Now
April 09, 2019  |  Bank Regulation

The heads of some of the nation’s biggest banks will stress how much more secure the financial system is thanks to regulations following the Great...

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CFPB Head Faces Privacy Questions From Senate
CFPB Head Faces Privacy Questions From Senate
March 13, 2019  |  Regulation

The Consumer Financial Protection Bureau’s privacy practices came under scrutiny Tuesday (March 12) during a U.S. Senate hearing, further proof that issues related to online...

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On Capitol Hill, Credit Bureau CEOs Say Reporting Changes Are In the Air
On Capitol Hill, Credit Bureau CEOs Say Reporting Changes Are In the Air
February 27, 2019  |  Consumer Finance

Lawmakers grilled the heads of Equifax, Experian and TransUnion, calling the credit reporting a “broken” system — and new legislation introduced this week has some...

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Rep Ocasio-Cortez Calls For Hearings On Banks Lending To Immigrant Prisons
Rep Ocasio-Cortez Calls For Hearings On Banks Lending To Immigrant Prisons
February 25, 2019  |  Regulation

New York Rep. Alexandria Ocasio-Cortez is asking for hearings in Congress on why Wall Street is lending money to private prisons that house undocumented immigrants,...

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Rep. Maxine Waters Implores CFPB Employees To Report Wrongdoing
Rep. Maxine Waters Implores CFPB Employees To Report Wrongdoing
February 25, 2019  |  Regulation

California Representative Maxine Waters has written an open letter to employees of the Consumer Financial Protection Bureau (CFPB) and urged them to provide information and...

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