WASHINGTON – In a near unanimous vote of 406-4, today the House passed the bipartisan “JOBS and Investor Confidence Act of 2018.” The bill – which is comprised of 32 individual pieces of legislation that have passed the Financial Services Committee or the House this Congress with broad bipartisan support – was the third and largest installment of “Jumpstart Our Business Startups (JOBS) Act” legislation aimed at helping small businesses, entrepreneurs and investors by reforming our capital market...
The Subcommittee on Financial Institutions and Consumer Credit met today to examine the existing regulatory structure for prudentially regulated financial institutions and to explore avenues that Congress and regulators can address challenges through policy changes. “While I believe in robust capital requirements, I don’t think capital should be required to the point that it consolidates risk and eliminates choice in the marketplace for commercial and individual clients. The reality is that we s...
WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Ranking Member Maxine Waters (D-CA) announced today that they have reached an agreement on a package of strong, bipartisan capital-formation legislation to help America’s small businesses and entrepreneurs and to protect investors. The package, known as the “JOBS and Investor Confidence Act of 2018,” is comprised of 32 individual pieces of legislation that have passed the Committee or House this Congress with broa...
The Subcommittee on Terrorism and Illicit Finance met today to examine strategies to disrupt both the financing and procurement of weapons and how financial institutions can best identify proliferation activities. “On the Terrorism and Illicit Finance (TIF) Subcommittee, we are charged with providing the tools and resources our nation’s intelligence and financial communities needs to succeed and be secure. Part of this essential function is learning how hostile actors work to avoid and counter t...
