Category Archives: Capitol Hill

Senate Banking Committee and House Financial Services Committee Assignments Finalized  On February 1st, Senate Republican Leader Mitch McConnell announced Senate Republican Conference Committee Assignments for the 118th Congress. Two freshmen Senators, JD Vance (OH) and...

House Republicans Pass Bill Rescinding Billions in IRS Funding  On January 9, House Republicans, as the new majority, passed a bill rescinding nearly $71 billion of funding for the Internal Revenue Service (IRS). The funding...

New House Financial Services Committee Members Named On January 11, Rep. Patrick McHenry (R-NC), the new Chairman of the House Financial Services Committee (HFSC), announced the 30 Republican members selected to serve on the full...

Following incumbent Senator Raphael Warnock’s reelection in Georgia earlier this week, the Senate Democrats secured a true majority following two years of a 50-50 split. Chair Sherrod Brown (D-OH) wasted no time setting the Senate...

On November 15, leaders of the top financial regulators testified before the Senate Banking Committee followed by testimony before the House Financial Services Committee on November 16. The four witnesses included Federal Reserve Vice Chair...

On October 18, Republican members of the House Financial Services Committee (HFSC) – led by HFSC Ranking Member Patrick McHenry (NC-10) and Subcommittee on Investor Protection, Entrepreneurship and Capital Markets Ranking Member Bill Huizenga (MI-02)...

New Bipartisan Congressional Caucus Increases Support for CDFIs and MDIs  On August 1, Sen. Mark Warner (D-VA) and Mike Crapo (R-D) announced the formation of a bipartisan Congressional caucus aimed at supporting Community Development Financial...

HFSC Delays Legislation Vote on Stablecoins  This past week, the House Financial Services Committee (HFSC) scratched plans to hold a vote on legislation that would have imposed federal regulations on the cryptocurrency sector, specifically stablecoins,...