Results for Financial Services

“I’m pleased to report that we saw a strong 2024 tax season for the nation - one of our best in history,”…

The Senate Banking Committee held a hearing to examine how so-called junk fees affect consumers and their budgets, especially regarding financial services and rental housing.

Corporate executives discussed the latest developments in technology, including in the areas of artificial intelligence, financial services, and clean energy.

House Financial Services Committee Chair Patrick McHenry (R-NC) was one of several speakers who discussed the importance of the digital payment economy.

In 2017, Maria Vullo, then the superintendent of the Department of Financial Services, investigated the NRA-endorsed Carry Guard affinity insurance program. This program, underwritten and administered by third parties, covered members' financial losses, and, if needed, criminal defense costs from use of a licensed firearm.

Federal Reserve Chair Jerome Powell testified on the Fed's semiannual monetary policy report before the House Financial Services Committee.

This hearing took place before the House Appropriations Subcommittee on Financial Services and General Government, whose jurisdiction includes the Treasury Department and Executive Office of the President.

Financial technology stakeholders debated the Consumer Financial Protection Bureau's (CFPB) proposed rule to regulate payment apps and digital wallets. ... The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion held this hearing.

Financial technology stakeholders debated the Consumer Financial Protection Bureau's (CFPB) proposed rule to regulate payment apps and digital wallets. ... The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion hosted this hearing.

House Financial Services Committee Chair Patrick McHenry (R-NC) joined banking industry leaders and others to discuss the impact and lessons learned almost a year since the failures of Silicon Valley and Signature Banks. The event, hosted by the Brookings Institution, examined the roles of the financial regulators, including the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC), and the banks' risk management.

Maxine Waters (D-CA), ranking member of the House Financial Services Committee, led a conversation with industry leaders on financial equity and closing the racial wealth gap during the Congressional Black Caucus Foundation's annual legislative conference in Washington, DC.

Abram Paley, deputy special envoy to Iran, and Elizabeth Rosenberg, assistant Treasury secretary for terrorist financing and financial crimes, testified on the Biden administration's sanctions against Iran and efforts to track Iranian funds to support terrorism. Both appeared before the House Financial Services Subcommittee on Oversight and Investigations.

Housing sector stakeholders and policy advocates testified on housing affordability before the House Financial Services Subcommittee on Housing and Insurance.

"I absolutely believe it's headed in the right direction," said Treasury Secretary Janet Yellen when asked about the U.S. economic outlook before the House Financial Services Committee. The secretary appeared before the committee to testify on the Financial Stability Oversight Council's annual report. Several topics were addressed, including the need for a regulatory framework of stable coins and digital assets, financial sector vulnerabilities, implementation of new rules and banking regulations, and concerns over the use of artificial intelligence in the financial* sector.

NCAA All-American swimmer Riley Gaines and others testified before a House Oversight subcommittee on the …

Federal Housing Finance Agency Director Sandra Thompson testified before the House Financial Services Committee on rule changes within the agency and the mortgage fees it charges.

Consumer Financial Protection Bureau Director Rohit Chopra testified on a semi-annual report of his agency before the House Financial Services Committee. ... Chopra about concerns of privacy and expenses relating to Section 1071 of the Dodd-Frank Act, which requires financial institutions to report certain data on credit applications for small businesses owned by women and minorities. Other topics included the CFPB's work on combating junk fees and predatory lending, and a proposed rule to subject large nonbank companies that offer financial services, such as Apple and Google, to the same regulatory oversight as banks.

Consumer Financial Protection Bureau Director Rohit Chopra testified on a semi-annual report of his agency before the House Financial Services Committee. ... Chopra about concerns of privacy and expenses relating to Section 1071 of the Dodd-Frank Act, which requires financial institutions to report certain data on credit applications for small businesses owned by women and minorities. Other topics included the CFPB's work on combating junk fees and predatory lending, and a proposed rule to subject large nonbank companies that offer financial services, such as Apple and Google, to the same regulatory oversight as banks.