Today, the U.S. House of Representatives passed several bipartisan pieces of financial services legislation, including H.R. 1602, introduced by Congressman Patrick McHenry (NC-10), the Republican leader of the House Financial Services Committee. The bipartisan Eliminate Barriers to Innovation Act will establish a digital asset working group to ensure collaboration… Read more »
The Subcommittee on Capital Markets, Securities, and Investments held a hearing today to examine the mission, operations, and activities of the SEC’s Division of Investment Management to ensure it is conducting itself consistently with the SEC’s tri-fold mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
“Hardworking families in… Read more »
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)… Read more »
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… Read more »
The Subcommittee on Capital Markets, Securities, and Investments held a hearing today to examine how the U.S. Securities and Exchange Commission’s (SEC) approach to enforcing Federal securities laws is complimentary to all three prongs of the SEC’s statutory mission to protect investors, to maintain fair, orderly, and efficient markets, and to facilitate capital formation. This hearing… Read more »
WASHINGTON – The Subcommittee on Capital Markets, Securities and Investment held a hearing Thursday to examine the security of the Consolidated Audit Trail (CAT), a central repository for order and trading activity data.
“The importance of cybersecurity cannot be overstated,” said Subcommittee Chairman Bill Huizenga (R-MI). “The ability … to safeguard non-public financial information… Read more »
WASHINGTON - The Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises held a hearing today to review three legislative proposals to improve the struggling U.S. economy, which grew an abysmal 0.5 percent in the first three months of the year.
“Despite the big promises that have come with granting vast… Read more »
WASHINGTON – The Financial Services Capital Markets and Government Sponsored Enterprises Subcommittee held a hearing today with top officials of the Securities and Exchange Commission (SEC) to conduct oversight of their offices and divisions.
“During much of the time when Congress has been accused of starving the SEC of the funds it… Read more »
Holding Bureaucrats Accountable and Helping Main Street Grow
Two committee priorities – holding Washington accountable and growing Main Street’s economy – were on the House floor this week in the form of Rep. Tom Emmer’s (R-MN) “Financial Stability Oversight Council Reform Act” and Rep. Mia Love’s (R-UT) regulatory relief bill for small community banks. Both passed the House and now… Read more »
Two years after its passage, the bipartisan Jumpstart Our Business Startups Act (JOBS Act) is working, but more can be done to open capital markets to small businesses and emerging growth companies, witnesses told the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises.
That is why today’s Subcommittee hearing focused on seven legislative… Read more »
