In separate hearings, the Senate Banking Committee and the House Financial Services Committee heard testimony from CEOs of the largest U.S. banks on a broad range of public policy and compliance matters.
News & Insights
The U.S. House Committee on Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets considered oversight and disclosure legislation concerning China-based corporate issuers.
The U.S. House Judiciary Committee's Antitrust Subcommittee released a bipartisan legislative agenda to address "anti-competitive conduct that has seriously impacted consumers and small businesses" in the digital marketplace.
House Financial Services Committee Chair Maxine Waters urged the SEC to rescind "harmful" proposed reporting amendments for institutional investment managers.
The House Financial Services Committee considered testimony on measures to reduce bias in artificial intelligence algorithms used by financial institutions and regulators.