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The Latest Breaking News from House Financial Services

Justices to face Congress after contentious court rulings

Supreme Court justices are scheduled to appear before both Senate and House appropriators next week, marking the first time since 2019 that justices will face lawmakers. Justices Amy Coney Barrett and Elena Kagan are slated to testify before the Senate and House Financial Services Appropriations subcommittees on July 14 to…

Roll Call

House panel says it will examine allegations against Fed's Cook - Roll Call

President Trump's firing of a Fed governor comes amid wider scrutiny of the central bank, including by a House Financial Services task force.

Roll Call

US House sends crypto ‘GENIUS Act’ to Trump, in win for industry advocates

Advocates hope House bills will bring decentralised currency into US mainstream as Trump pushes ‘crypto week’.

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House passes three crypto bills with varying Democratic support - Roll Call

House passage of the measures marks a breakthrough for the digital assets sector and sends one of the bills to President Donald Trump.

Roll Call

Trump's choice to lead CFPB, McKernan, left FDIC Monday - Roll Call

President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the agency.

Roll Call

Cleaver calls for 'bold' congressional response to hurricanes - Roll Call

Rep. Emanuel Cleaver II says the policy response to hurricanes Helene and Milton should be wide-ranging and impactful.

Roll Call

Crypto-friendly Lawmaker Seeks Chairmanship Of House Financial Services Committee

Rep. Hill of Arkansas, a known crypto-friendly lawmaker, has joined the list of Republicans looking to replace the chair of the House Financial Services Committee.

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Lawmakers struggle to limit US tech investment in China - Roll Call

China hawks seeking to limit U.S. investment in sensitive technology in China see signs of progress, but aren’t optimistic about action this year.

Roll Call

Patrick McHenry wants to end the crypto quagmire in Congress

The powerful House Financial Services Committee is set to vote on legislation in July.

Fortune

Key House committees team up on bill that would provide clarity to crypto markets

The House Committee on Financial Services and the House Committee on Agriculture released a long-awaited discussion draft.

Fortune

House GOP tries panel collaboration on crypto; Democrats leery - Roll Call

House Agriculture and Financial Services Republicans are collaborating in an effort to agree on a legislative framework for cryptocurrencies.

Roll Call

Lawmakers open to Biden’s call to claw back SVB executive pay - Roll Call

Lawmakers from both parties are open to executive compensation clawback legislation after the failure of SVB and Signature Bank.

Roll Call

Lawmakers float ways to recapture deposit insurance discipline - Roll Call

The size of deposits covered by federal bank rescues has lawmakers talking about the discipline of a cap on deposit insurance.

Roll Call

Lawmakers are trying to seize the crypto debate back

Can a divided Congress manage to pass legislation?

Fortune

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Fortune

Unlike Washington, Andreessen Horowitz has a plan to push forward crypto legislation

Collin McCune worked on the House Financial Services Committee before becoming the firm's new head of government affairs.

Roll Call

Bankman-Fried made Agriculture panel members focus of campaign support

Sam Bankman-Fried and other FTX employees put House and Senate Agriculture panel members at the focus of campaign spending and donations.

Roll Call

House Financial Services presses FTX CEO on crypto's regulatory needs - Roll Call

John Ray III, who took over FTX after its collapse, tells lawmakers the cryptocurrency exchange was "uniquely positioned to fail."

Tribune News Service

Political divide snags the digital update to anti-redlining law

Federal bank regulators' efforts to modernize the 45-year-old law known as the Community Reinvestment Act to reflect the rise of digital banking are raising accusations of partisanship, a claim that those digging into the details say is likely unfounded.

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Roll Call

Political divide snags the digital update to anti-redlining law - Roll Call

Complaints of partisanship go on regardless which party is trying to update the Community Reinvestment Act for new financial technology.

Tribune News Service

McHenry, eyeing House Financial Services chair, racks up campaign donations

House Financial Services ranking Republican Patrick T. McHenry raised about $940,000 in campaign donations in the weeks leading up to and months after setting his sights on the panel chairmanship.

Roll Call

McHenry, eyeing Financial Services chair, racks up campaign donations

House Financial Services ranking member Patrick T. McHenry, a likely chair if Republicans retake the House, is racking up donations.

Tribune News Service

Crypto-linked super PACs boost spending on primary races

WASHINGTON — Super PACs with ties to the cryptocurrency industry have spent at least $31.2 million in primary races ahead of this year’s midterms, with most of the money coming from a handful of executives at just one company.

Roll Call

Crypto-linked super PACs boost spending on primary races - Roll Call

Super PACs connected to the crypto industry are flexing their muscles in this year's primary campaigns as lawmakers consider regulations.

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