Financial Services Committee

  • Stable Currency Bill Discussion Draft Released by The Financial Services Committee of the United States House of Representatives

    According to reports, the Financial Services Committee of the United States House of Representatives released a landmark discussion draft of the stable currency bill on Saturday be

    04/16/2023
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  • US House of Representatives to Investigate Silicon Valley Bank and Signature Bank Collapse

    According to reports, Patrick McHenry, the chairman of the Financial Services Committee of the United States House of Representatives, a Republican from North Carolina, and Maxine Waters, a Democratic leader from California, stated in a joint statement on Friday that the House team plans to hold its first hearing on the collapse of Silicon Valley Bank (SVB) and Signature Bank on March 29, committed to “identifying the root causes of failure.”, Witnesses present will include Martin Gruenberg, Chairman of the Federal Deposit Insurance Corporation (FDIC), and Michael Barr, Vice Chairman of the Federal Reserve for Regulation. “The hearing will allow us to begin to understand the reasons and ways in which these banks have failed,” the statement said. The US House of Representatives panel plans to hold its first hearing on the collapse of SVB and Signature on March 29 Analysis based on this information:The US House of Representatives’ Financial Services Committee is set to hold its first hearing on…

    03/18/2023
    163
  • US Congress Seeks Clarification from Banks on SEC’s Cryptocurrency Asset Rule

    It is reported that Patrick McHenry, chairman of the Financial Services Committee of the United States House of Representatives, and Senator Cynthia Lummis, wh…

    03/03/2023
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