Subcommittees of the House Financial Services Committee (HFSC) will hold two hearings on Sept. 10, with one focused on decentralized finance and the other looking...
House Republicans are attacking a proposal that would remove medical bills from consumer credit reports. The Consumer Financial Protection Bureau (CFPB) issued its proposed rule...
The financial services industry may serve as a proving ground for the regulation of artificial intelligence (AI), House Financial Services Committee Chairman Patrick McHenry, R-N.C.,...
House Financial Services Committee (HFSC) Chairman Patrick McHenry, R-N.C., condemned a proposed rule announced Tuesday (June 11) by the Consumer Financial Protection Bureau (CFPB), saying...
The U.S. House of Representatives passed a bill Thursday (May 23) that would stop bureaucrats from issuing a central bank digital currency (CBDC) without explicit...
House Republicans think America’s financial oversight bodies need some oversight of their own. U.S. Rep. Patrick McHenry (R-NC), chair of the House Financial Services Committee, re-introduced legislation Wednesday...
The U.S. House of Representatives will again consider a bill designed to protect the country’s financial infrastructure from ransomware attacks. The bipartisan “Ransomware and Financial...
House Financial Services Committee (HFSC) Chairman Patrick McHenry (R-N.C.) said Thursday (March 21) that the Basel III Endgame proposal and other projects threaten to give global governance...
American lawmakers have approved a bill that could ban TikTok in the U.S. The U.S. House of Representatives voted 352-65 Wednesday (March 13) in favor of the legislation, aimed...