The Committee’s Chairwoman Maxine Waters said the “landmark law” made significant reforms and enhanced standards for capital, liquidity, and stress testing.
Read More »Legislation to Reverse CRA Changes Approved by House
Financial Services Committee Chairwoman Maxine Waters said the OCC’s rule would impact low-income and minority communities.
Read More »HUD Responds to Financial Services Committee’s Claims
The Department said its policy toward DACA recipients for the FHA mortgage program "has not changed" under the Trump Administration.
Read More »House Financial Services Committee Preparing Foreclosure Halt
As part of a new COVID-19 relief package, the House Committee staff are also recommending a blanket ban on stock buybacks and a pause on any negative credit reporting.
Read More »Financial Services Committee Chair Denounces Volcker Rule Changes
In a statement, Congresswoman Maxine Waters called the proposals to "reconsider this and every other senseless attack on the Volcker Rule."
Read More »The Week Ahead: CFPB Director Headed for Capitol Hill
Kathy Kraninger, Director of the Consumer Financial Protection Bureau will testify during the House Financial Services Committee’s semi-annual review of the consumer watchdog. Here’s what else is happening in The Week Ahead.
Read More »Powell Promises ‘Thorough’ Review of BB&T, SunTrust Merger
Fed Chair Jerome Powell briefed the House Financial Services Committee on how the Fed will approach its examination of the major recent merger. Here’s what he had to say.
Read More »Maxine Waters: “This Hearing Was Long Overdue”
In a hearing on holding credit bureaus more accountable the House Financial Services Committee sought answers from Equifax, TransUnion, and Experian on credit reporting. Here’s what the committee and witnesses had to say about making the process stronger and more secure.
Read More »Quarles: “Supervisory Resources Are Not Limitless”
What update did the Vice-Chairman of Supervision at the Fed give about the Board’s progress on the Dodd-Frank Reforms Act implementation in his semiannual testimony to the House Financial Services Committee?
Read More »If Maxine Waters Takes Over the House …
How will the policies and regulations around housing and financial services change under the scrutiny of the California Representative if she chairs the House Financial Services Committee?
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