Financial Services Committee

News & Analysis as of

CFPB General Counsel Meredith Fuchs in the “Disparate Impact” Hot Seat

As we previously reported, the House Financial Services Committee has been interested in the specific methodology and metrics used by the CFPB in its disparate impact analysis under the Equal Credit Opportunity Act and...more

House Financial Services Ranking Member Unveils Housing Finance Reform Alternative

On March 27, Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, released draft legislation to reform the housing finance market. Congresswoman Waters also released a summary of the...more

House Financial Services Committee Ranking Member Seeks Scrutiny Of Servicing Rights Transfers

On February 19, House Financial Services Committee Ranking Member Maxine Waters (D-CA) sent a letter asking Comptroller of the Currency Thomas Curry and National Mortgage Settlement Monitor Joseph Smith to “carefully...more

Capital Thinking: Financial Services

Legislative Activity - This Week’s Hearings: Thursday, October 24: The House Financial Services Subcommittee on Capital Markets and Governments Sponsored Enterprises (GSEs) will hold a hearing titled “Legislation to...more

House Members Reiterate Small Bank Concerns Over Basel III

On February 19, House Financial Services Committee members Shelley Moore Capito (R-WV) and Carolyn Maloney (D-NY) sent a letter to the Federal Reserve Board, the OCC, and the FDIC regarding the lawmakers’ concerns about the...more

Fed Asked to Undertake Comprehensive Study of Financial Services Sector by J.C. Boggs

U.S. Congressman Ed Royce (R-CA), a senior member of the House Financial Services Committee, recently sent a letter to Federal Reserve Governor Dan Tarullo asking the Fed to undertake a comprehensive study of banking sector....more

House Financial Services Committee Membership, Subcommittees Finalized

On January 22, House Financial Services Committee Chairman Jeb Hensarling (R-TX) announced the subcommittee assignments for the committee’s Republican members. Rep. Garrett (R-NJ) will again lead the subcommittee on Capital...more

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