House Passes FIT 21
On May 22, the House voted 279-136 to pass H.R. 4763 – Financial Innovation and Technology for the 21st Century Act (FIT 21). 208 Republicans and 71 Democrats voted for the bill. One amendment put forward by House Ag Committee Chairman GT Thompson (R-PA) was adopted in yesterday’s House Rules Committee meeting and …
Read MoreSenate Banking Committee Hearing
On May 16, the Senate Banking Committee held a hearing entitled “Oversight of U.S. Financial Regulators: Accountability and Financial Stability.” The witnesses in the hearing were: The Honorable Michael Barr, Vice Chair for Supervision, Federal Reserve The Honorable Martin Gruenberg, Chair, Federal Deposit Insurance Corporation Mr. Michael Hsu, Acting Comptroller, Office of the Comptroller …
Read MoreHouse Financial Services Committee Hearing
On May 15, the House Financial Services Committee held a hearing entitled “Oversight of Prudential Regulators.” The witnesses in the hearing were: The Honorable Michael Barr, Vice Chairman for Supervision, Board of Governors of the Federal Reserve System (Fed) The Honorable Martin Gruenberg, Chairman, Federal Deposit Insurance Corporation (FDIC) The Honorable Michael Hsu, Acting …
Read MoreSenate Environment and Public Works Committee Hearing
On May 8, the Senate Environment and Public Works Committee held a hearing entitled “The U.S. Environmental Protection Agency’s (EPA) Proposed Fiscal Year 2025 Budget.” The witness in the hearing was: The Honorable Michael Regan, Administrator, EPA Below are a few key takeaways from the hearing by Delta Strategy Group. …
Read More