Mar 17, 2020 | Congressional Legislation, News
Visa Proactively Sends Diversity and Inclusion Data to House Financial Services Committee Last month, the House Financial Services Committee (HFSC) published a report on diversity and inclusion covering banks with more than $50 billion in assets. It resulted from a...
Mar 5, 2020 | Congressional Legislation, News
Warren Presses Banks on Coronavirus Preparation Last week, Senator Elizabeth Warren (D-Mass.) sent letters to the CEOs of five U.S.-based banks with foreign exposures, pressing them for their plans on how they are monitoring the economic risks of the coronavirus...
Mar 3, 2020 | Congressional Legislation, News
House Financial Services Passes Seven Bills on Housing and Capital Markets Last week, the House Financial Services Committee (HFSC) passed several bills, mainly concerning housing and capital markets. Included in the Committee actions were three bills passed on...
Feb 26, 2020 | Congressional Legislation, News
HFSC Chair Maxine Waters Launches Investigation Into Wells Fargo In response to the ongoing issues concerning scandal-plagued Wells Fargo, the House Financial Services Committee (HFSC) recently announced the opening of an investigation into the company’s compliance...
Feb 24, 2020 | Congressional Legislation, News
Senator Warren Urges Fed Chair to Not Weaken Bank Supervision Process Earlier this month, Senator Elizabeth Warren—who serves on the Senate Committee on Banking, Housing, and Urban Affairs—sent a letter to Federal Reserve Chairman Jerome Powell expressing her concerns...
Feb 20, 2020 | Congressional Legislation, News
Senators Introduce Legislation to Increase Tribal Broadband Access Last week, U.S. Senators Tom Udall (D-N.M.), Maria Cantwell (D-Wash.), and Martin Heinrich (D-N.M.) introduced the Bridging the Tribal Digital Divide Act of 2020, legislation that would help bring...