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
May 10, 2024- The House Committee on Rules publicly noticed its intent to consider the Financial Innovation and Technology for the 21st Century (FIT21) Act, clearing a pathway for a floor vote later this month....more
December 19, 2023- U.S. House Committee on Financial Services Chair Patrick McHenry (R-NC), Representative Warren Davidson (R-OH), Senator Rick Scott (R-FL), and Senator Mike Rounds (R-SD) led 76 of their colleagues in...more
December 12, 2023- The U.S. House Committee on Financial Services Subcommittee on Capital Markets held a hearing entitled, "Examining the Agenda of Regulators, SROs, and Standards-Setters for Accounting, Auditing."...more
October 18, 2023- The Federal Deposit Insurance Corporation Office of Inspector General published a report entitled, "FDIC Strategies Related to Crypto-Asset Risks" with the FDIC staff noting guidance forthcoming by...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 26, 2023- The Department of Justice, Department of Commerce's Bureau of Industry and Security (BIS), and the Department of the Treasury's Office of Foreign Assets Control (OFAC) issued a joint compliance note focusing...more
June 13, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "The Consumer Financial Protection Bureau's Semi-Annual Report to Congress."...more
June 8, 2023- U.S. House Financial Services Committee Chairman Patrick McHenry (NC-10), along with National Security, Illicit Finance, and International Financial Institutions Subcommittee Chairman Blaine Luetkemeyer (MO-03),...more
June 7, 2023- The U.S. Committee on Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions held a hearing entitled, "Dollar Dominance: Preserving the U.S. Dollar's...more
May 17, 2023 The U.S. Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy held a hearing entitled, "Strengthening Accountability at the Federal Reserve: Lessons and Opportunities for...more
March 24, 2023- Members of the Senate Banking Committee Republicans are demanding answers and seeking records from the Board of Governors of the Federal Reserve System (Federal Reserve) and the Federal Reserve Bank of San...more
March 23, 2023- Senior Leadership in Senate Committee on Banking, Housing, and Urban Affairs (Committee) sent letters to Gregory Becker, former CEO of Silicon Valley Bank, and Joseph DePaolo, former CEO of Signature Bank,...more
March 16, 2023- U.S. Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, sent a letter to the Treasury Department, the Federal Deposit Insurance Corporation (FDIC), and...more
March 7, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "The Semiannual Monetary Policy Report to the Congress." March 7, 2023- U.S. Senator Ben Cardin (D-MD), Chairman of...more
Major Developments- Administration Releases National Cybersecurity Strategy- The White House has released its National Cybersecurity Strategy, outlining a vision and approach for a secure digital future....more
February 28, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Advancing National Security and Foreign Policy Through Sanctions, Export Controls, and Other Economic Tools."...more
February 10, 2023- The Department of the Treasury announced actions taken by the Committee on Foreign Investment in the United States (CFIUS) related to excepted foreign states (EFS). Specifically, CFIUS has determined that...more
November 10, 2022- The U.S House Committee on Financial Services released the November hearing schedule. •Tuesday, November 15 at 10 a.m. ET: The Subcommittee on Housing, Community Development, and Insurance will convene...more
Hearing: Oversight of the U.S. Securities and Exchange Commission- September 15, 2022- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Oversight of the U.S. Securities and...more
July 13, 2022- Michael Barr, President Biden's nominee for Governor and Vice Chair for Supervision at the Board of Governors of the Federal Reserve System, was confirmed by the U.S. Senate....more
Congress- U.S. Senate- Committee on Banking, Housing, and Urban Affairs- Hearing: The Semiannual Monetary Policy Report to Congress- June 22, 2022- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a...more