Dec 9, 2020 | Congressional Legislation, Federal Regulation, News
Waters Pushes Biden to Reverse Trump’s Financial Services Deregulation Last week, House Financial Services Committee (HFSC) Chairwoman Maxine Waters (D-Calif.) sent a letter to President-elect Joe Biden urging his administration to reverse deregulatory actions in the...
Nov 13, 2020 | Banks & Credit Unions, Congressional Legislation
Reps. Tlaib and Ocasio-Cortez Introduce Bill to Create National Public Banking System Last month, Representatives Alexandria Ocasio-Cortez (D-N.Y.) and Rashida Tlaib (D-Mich.), both of whom serve on the House Financial Services Committee, introduced legislation...
Oct 30, 2020 | Congressional Legislation, News
Native American Business Incubators Act Signed Into Law Last week, the Native American Business Incubators Act was signed into law. Introduced by U.S. Senator Tom Udall (D-N.M.), vice chairman of the Senate Committee on Indian Affairs, the legislation will give...
Oct 26, 2020 | Congressional Legislation, News
Senate Democrats Introduce Bill to Ban Discrimination in Financial Services A number of U.S. Senate Democrats recently introduced the Fair Access to Financial Services Act, which would apply the Civil Rights Act’s ban on discrimination against customers to the banking...
Sep 30, 2020 | Congressional Legislation, News
House Passes Ten Bipartisan Financial Services Bills The United States House of Representatives recently passed ten financial services bills, including legislation to protect consumers and investors from pandemic-related fraud, develop more flexible CARES Act funding,...
Sep 23, 2020 | Banks & Credit Unions, Congressional Legislation, News
Senators Gillibrand and Sanders Reintroduce Postal Banking Act Last week, U.S. Senators Kirsten Gillibrand (D-N.Y.) and Bernie Sanders (D-Vt.) hosted a Facebook Live conversation where the two legislators announced their reintroduction of the Postal Banking Act,...