World Bank Accountability Act gains House approval

By Douglas Clark  |  January 19, 2018

The House of Representatives passed Wednesday the World Bank Accountability Act, which makes a share of future appropriations contingent on reforms to the International Development Association (IDA). “The reforms in this bill have emerged from five oversight hearings held in our Committee over the past two years, and passed our Committee by a unanimous vote of 60-0,” Rep. Jeb Hensarling (R-TX), chairman of the Financial Services Committee, said. “People should be aghast at how this mone...

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California looks to develop insurance fixes for consumers impacted by wildfires

By Dave Kovaleski |
January 18, 2018

California Insurance Commissioner Dave Jones introduced legislation this week designed to strengthen consumer protection...Read More »

Nevada Gov. Sandoval talks innovation at State of the States address

By Dave Kovaleski |
January 17, 2018

At the 2018 State of the States address, chair of the National Governors Association, Nevada Gov. Brian Sandoval, discus...Read More »

Rep. Hill introduces legislation to enhance federal coordination related to Volcker Rule

By Dave Kovaleski |
January 16, 2018

U.S. Rep. French Hill (R-AR) recently introduced a bill to enhance coordination among the federal banking regulatory age...Read More »

House hearing examines proposals to reform the Federal Reserve

By Dave Kovaleski |
January 15, 2018

The House Subcommittee on Monetary Policy and Trade held a hearing last week to examine a number of legislative proposal...Read More »

Democratic senators want more information on prepaid cards for student aid

By Dave Kovaleski |
January 12, 2018

A group of Democratic senators want more details on how a proposed pilot program by the U.S. Department of Education’s...Read More »

Community bankers urge lawmakers to pass legislation promoting regulatory relief

By Dave Kovaleski |
January 11, 2018

At a House subcommittee hearing this week, the Independent Community Bankers of America (ICBA) testified on the need to ...Read More »

Insured Retirement Institute backs two House bills that impact retirement plans

By Dave Kovaleski |
January 10, 2018

The Insured Retirement Institute (IRI) has come out in support of two bills introduced in the House that impact employer...Read More »

Telecom associations applaud Trump’s rural broadband plan

By Debra Flax |
January 9, 2018

The telecom industry cheered the Trump administration’s efforts this week to expand access to broadband internet throu...Read More »

Artificial intelligence impact in finance industry increasing

By Douglas Clark |
January 9, 2018

Recently released survey results determined artificial intelligence (AI) impact on the finance industry is expanding. ...Read More »

Financial associations urge Congress to pass national data protection legislation

By Dave Kovaleski |
January 8, 2018

The Financial Services Roundtable (FSR), along with other trade organizations, urged the House Energy and Commerce Commi...Read More »

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