Republican leaders on the U.S. House Agriculture Committee and the Financial Services Committee are calling on Treasury Secretary Janet Yellen to improve federal oversight of the spot market for digital assets that are not securities, such as crypto assets.  Despite Read more…

In their capacity serving on the U.S. House Financial Services Committee, U.S. Reps. Andy Barr (R-KY) and French Hill (R-AR) are delving into how the Federal Deposit Insurance Corporation’s (FDIC’s) regulatory agenda pertains to innovation in the financial services sector. Read more…

To help protect the independence of America’s tax-exempt organizations, U.S. Sen. Marsha Blackburn (R-TN) joined several Republicans in offering legislation to clarify that certain tax exemptions are not treated as federal financial assistance. “America’s constitutionally protected places of worship and Read more…

A bipartisan bill sponsored on Jan. 17 by U.S. Sen. Mike Rounds (R-SD) aims to ramp up transparency and accountability within the Financial Stability Oversight Council (FSOC). If enacted, the FSOC Improvement Act of 2024, S. 3601, which Sen. Rounds Read more…

U.S. Rep. Andy Barr (R-KY) and a Republican colleague on the U.S. House Financial Services Committee denounced a proposed rule issued on Jan. 17 by the Consumer Financial Protection Bureau (CFPB) that seeks to rein in overdraft fees charged by Read more…

U.S. Rep. Tom Emmer (R-MN) on Jan. 11 sponsored legislation that aims to increase transparency and support safe and competitive financial markets by increasing congressional oversight of the Financial Stability Oversight Council (FSOC) and the Office of Financial Research. Rep. Read more…