House Financial Services Committee
Recent News About House Financial Services Committee
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US Rep. Davidson: 'Anyone attacking self-custody opposes individual freedom'
U.S. Representative Warren Davidson (R-Ohio), a member of the House Financial Services Committee, has expressed his support for the passage of his proposed Keep Your Coins Act. This legislation aims to maintain the ability of cryptocurrency users to conduct transactions without the need for a third-party intermediary. In a post on Dec. 19, Davidson stated that the bill would shield Americans from the introduction of a central bank digital currency (CBDC).
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Cracking the Code: John Cassara on China's Multi-Trillion Dollar Underworld and the Fight Against Money Laundering
John Cassara is the author of China–Specified Unlawful Activities: CCP Inc., Transnational Crime and Money Laundering.
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McHenry on First Republic collapse: 'Americans should remain confident in the safety of their deposits at U.S. banks'
JPMorgan Chase Bank has entered into an agreement to assume all deposits and substantially all of the assets of First Republic Bank.
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Hearing Addresses Stablecoins' Role in Payments and Need for Legislation: “turf war” between regulators “unsustainable”
The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion, led by Chairman French Hill (AR-02), held a hearing on April 19 titled "Understanding Stablecoins’ Role in Payments and the Need for Legislation."
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SEC Chair Gensler criticized for “nonsensical” regulation of digital assets: “approach is driving innovation overseas”
Members of the House Financial Services Committee, led by Chairman Patrick McHenry, questioned Securities and Exchange Commission (SEC) Chair Gary Gensler in a recent hearing for his approach to digital asset regulation and rulemaking.