May 17, 2021 | Congressional Legislation, Federal Regulation, News
Senate Votes to Repeal True Lender Rule Last week, the U.S. Senate voted 52-47 in support of a resolution that would repeal the Office of the Comptroller of the Currency’s (OCC) “true lender” rule governing partnerships between banks and third-party lenders. These...
May 11, 2021 | Congressional Legislation, Federal Regulation, NAFSA News, News
NAFSA Sends Letter to Senate Leaders Expressing Support for OCC’s True Lender Rule As the U.S. Senate prepares to consider a resolution introduced by Senators Chris Van Hollen (D-Md.) and Sherrod Brown (D-Ohio) that would overturn the Office of the Comptroller of the...
May 3, 2021 | Congressional Legislation, News
House Financial Services Committee Reauthorizes Task Forces on Financial Technology and Artificial Intelligence Congresswoman Maxine Waters (D-Calif.), Chairwoman of the House Financial Services Committee, recently announced the reauthorization of the Committee’s...
Apr 28, 2021 | Congressional Legislation, News
House Passes SAFE Banking Act, Which Includes Provisions to Stop ‘Operation Choke Point’ , Last week, the U.S. House of Representatives passed the SAFE Banking Act, legislation that would allow banks and other financial institutions to serve cannabis companies in...
Apr 23, 2021 | Banks & Credit Unions, Congressional Legislation, News
Congressional Democrats Push for Postal Banking Pilot Program Last week, Congresswoman Marcy Kaptur (D-Ohio), Senator Kirsten Gillibrand (D-N.Y.), and Representatives Alexandria Ocasio-Cortez (D-N.Y.) and Bill Pascrell (D-N.J.) urged Congress to authorize postal...
Apr 5, 2021 | Congressional Legislation, News
Waters Releases April Hearing Schedule for House Financial Services Committee According to Congresswoman Maxine Waters (D-Calif.), Chairwoman of the House Committee on Financial Services (HFSC), the committee is currently slated to hold seven hearings over the month...
