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House Republicans Introduce Bill to Challenge Controversial CFPB Rule on...

Republicans members on the House Financial Services Committee have introduced legislation (H.J. Res 111) designed to nullify a controversial rule published by the Consumer Financial Protection Bureau...

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SEC Chairman Jay Clayton Tells House Committee that Fewer Public Companies is...

Securities and Exchange Commission Chairman Jay Clayton spent much of today visiting with the House Financial Services Committee. This was his first hearing before the Committee since he took the helm...

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House Financial Committee to Consider Over 20 Bills Next Week

The House Financial Services Committee has scheduled a hearing for next Wednesday, October 11 with an entire battalion of bills to consider. The more than twenty bills include several interesting acts...

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Micro-Offering Exemption Passes House of Representatives, Next Up the Senate

The House of Representatives passed the Micro Offering Safe Harbor Act (HR 2201) today largely on a party line vote of 232 to 188. The bill, sponsored by Representative Tom Emmer from Minnesota,  seeks...

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Reg A+ May Soon Allow Companies to Raise Up to $75 Million

The House Financial Services Committee has been rather busy of late. The powerful Committee led by Chair Jeb Hensarling has been pushing through legislation at a brisk pace. Next Tuesday (November...

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Richard Cordray to Step Down as CFPB Director By the End of November

Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), announced he would be stepping down from his position by the end of November. Prior to joining the Bureau, Cordray served...

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JOBS Act 3.0: Representatives Hensarling and Waters Join on Bipartisan Bills...

In a profound act of bipartisanship, Representative Jeb Hensarling, Chairman of the powerful House Financial Services Committee, and Representative Maxine Waters, ranking member on the Committee, have...

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The JOBS and Investor Confidence Act Includes Crowdfunding Amendments

The JOBS and Investor Confidence Act (HR 6380), also called JOBS Act 3.0, is a grouping of 32 business friendly bills put together in a bipartisan effort to actually get something done. House Financial...

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House of Representatives Passes JOBS Act 3.0 with Broad Bipartisan Support:...

As was expected – the “JOBS and Investor Confidence Act of 2018,” also being branded as the JOBS Act 3.0, passed the House this week in a nearly unanimous act of legislation that rarely happens on...

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House of Representatives Passes FinCEN Bill that Targets Virtual Currencies

The House of Representatives has approved the “FinCEN Improvement Act of 2018,” sponsored by Rep. Ed Perlmutter (HR 6411). The bill was passed on a voice vote indicating strong bi-partisan support in...

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