Senate Banking Committee

Regulators Seek ‘Unflinching’ Look at SVB and Bank Supervision at Capitol Hill Hearings
Regulators Seek ‘Unflinching’ Look at SVB and Bank Supervision at Capitol Hill Hearings
March 27, 2023  |  Bank Regulation

It’s common practice on Capitol Hill for witnesses — appearing before various committees — to release their testimony ahead of time. And what’s written down...

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Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
December 14, 2022  |  Cryptocurrency

Another day, another congressional committee hearing on the FTX crypto collapse. Fresh off of Tuesday’s (Dec. 13) House Financial Services Committee hearing covering the collapse...

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FTX Inquiry Sets Stage for Regulatory Turf War
FTX Inquiry Sets Stage for Regulatory Turf War
December 01, 2022  |  Cryptocurrency

Sam Bankman-Fried (SBF) isn’t the only one going in front of an audience this week. Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam appeared before...

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Sen Sherrod Brown Seeks More Cooperation on Crypto Regulation
Sen Sherrod Brown Seeks More Cooperation on Crypto Regulation
November 30, 2022  |  Cryptocurrency

The head of the Senate Banking Committee is calling for tougher cryptocurrency regulation. In a letter published Wednesday (Nov. 30), U.S. Senator Sherrod Brown called...

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Congress Drills Bank Brass on Authorized Push Payments Fraud
Congress Drills Bank Brass on Authorized Push Payments Fraud
September 23, 2022  |  Bank Regulation

The top brass of the country’s seven biggest financial institutions faced lawmakers in a second meeting on Capitol Hill about accountability, consumer protection, and compliance,...

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CFPB’s Chopra Tells GOP Old Laws Still Apply for New Offenders
CFPB’s Chopra Tells GOP Old Laws Still Apply for New Offenders
September 15, 2022  |  CFPB

Speaking at a virtual event for the anniversary of a watchdog group, the Consumer Financial Protection Bureau (CFPB) boss took the opportunity to address a...

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Senator Toomey Sounds Alarm for Stablecoin Regulation
Senator Toomey Sounds Alarm for Stablecoin Regulation
May 06, 2022  |  Cryptocurrency

Regulation is needed immediately for the $180 billion stablecoin market or “bad things will happen” to people’s investments, Senator Pat Toomey (R-Pennsylvania) said in an...

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CFPB’s Chopra Tells Senators to Expect More on Big Tech, Repeat Offenders and Open Banking
CFPB’s Chopra Tells Senators to Expect More on Big Tech, Repeat Offenders and Open Banking
April 27, 2022  |  CFPB

The testimony of Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), before the Senate Banking Committee on April 26 offered important insights into...

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Sen Warren Calls DeFi the ‘Most Dangerous’ Part of Crypto at Senate Hearing
Sen Warren Calls DeFi the ‘Most Dangerous’ Part of Crypto at Senate Hearing
December 14, 2021  |  Cryptocurrency

One of the biggest moments at the Senate Banking Committee’s stablecoin hearing Tuesday (Dec. 14) was a declaration by Sen. Elizabeth Warren (D-Mass.) that decentralized...

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