Republicans on the House Financial Services Committee and the House Committee on Agriculture requested clarification from the SEC as to whether the Ethereum token, Ether, is a security.
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The Treasury Department reported on the state of AI-cybersecurity risk and recommended that financial institutions broaden risk management and cybersecurity practices, consider greater integration of AI solutions into cybersecurity practices and collaborate on threat information sharing.
At a House Financial Services Committee hearing titled "Importing Global Governance: Examining the Dangers of Ceding Authority Over American Financial Regulation," witnesses from the principal banking agencies testified on the interactions between the regulators and global regulatory bodies.
Witnesses at a House Financial Services Oversight Subcommittee hearing titled "SEC Overreach: Examining the Need for Reform" reviewed the agency's approach to rulemaking.
At a House Financial Services Subcommittee Oversight hearing titled "Victims of Regulatory Overreach: How the SEC’s Climate Disclosure Rule Will Harm Americans," witnesses testified on the SEC's "aggressive" regulatory agenda, describing an "onslaught of rushed rulemaking."