The Latest Breaking News from the House Financial Services Committee

Hearings focus on climate-related disclosures and proxy advisory services as GOP targets ESG investing

One House Democrat expressed skepticism that the landmark ruling would change dynamics in Congress.

The long-awaited legislation would tackle thorny questions like market structure and stablecoin oversight.

Fed Chair Powell today presented his semi-annual testimony before the House Financial Services Committee. Mr. Powell will appear Thursday before the Senate Banking Committee and repeat his prepared testimony, although he will answer different questions from panel members. Mr. Powell’s prepared statement today was in line with his comments last...

Questions on interest rates, banking regulation, and inflation to be raised during Powell's testimony.

Watch live as the House Financial Services Committee questions Silicon Valley Bank (SVB) and Signature Bank executives on Wednesday, 17 May, on failings which led to the collapse of the banks earlier this year.

The chair of the House Financial Services Committee and the chair of the SEC still do not agree on Ether—or how that lack of agreement affects markets.

Back in 2017, when Congress and the Trump administration were pushing a bill to weaken hard-fought banking regulations, we warned that they were playing with fire. Barely a decade had passed since the 2007-2008 economic meltdown. Blatant abuses in the financial industry had more than merited the tough banking regulations…