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Paul Hastings LLP

Daily Financial Regulation Update -- Thursday May 16, 2024

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May 15, 2024- The U.S. House Committee on Financial Services held a hearing entitled, “Oversight of Prudential Regulators.” The Committee heard testimony from: the Honorable Michael Barr, Vice Chairman for Supervision,...more

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Daily Financial Regulation Update -- Thursday, December 14 2023

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December 13, 2023- The U.S. House Committee on Financial Services Subcommittee on Oversight and Investigations held a hearing entitled, "Moving the Money Part 2: Getting Answers from the Biden Administration on the Iranian...more

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Daily Financial Regulation Update -- Friday, October 20, 2023

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October 19, 2023- The Consumer Financial Protection Bureau proposed a rule that would accelerate a shift toward open banking, where consumers would have control over data about their financial lives and would gain new...more

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Daily Financial Regulation Update -- Wednesday, September 20, 2023

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September 19, 2023- The U.S. House Committee on Financial Services Subcommittee on Capital Markets held a hearing entitled, "Oversight of the SEC's Division of Investment Management."...more

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Daily Financial Regulation Update -- Monday, July 17, 2023

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July 14, 2023- The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the House Agriculture Committee, Glenn "GT" Thompson (PA-15), issued the following statement regarding the...more

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Daily Financial Regulation Update -- Saturday, June 24, 2023

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June 23, 2023- The U.S. House of Representatives today passed the Middle-Class Borrower Protection Act of 2023. June 23, 2023- The U.S. House Committee on Financial Services Environmental, Social, and Governance (ESG)...more

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Daily Financial Regulation Update -- Thursday, April 27, 2023

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April 26, 2023- House Financial Services Committee Chairman Patrick McHenry (NC-10), Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill (AR-02), and Oversight and Investigations Subcommittee...more

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Daily Financial Regulation Update -- Wednesday, April 19, 2023

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April 18, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing on the nominations of- i) Dr. Jared Bernstein, of Virginia, to be Chairman of the Council of Economic Advisers, Executive...more

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Daily Financial Regulation Update -- Wednesday, March 29, 2023

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March 28, 2023- The Consumer Financial Protection Bureau (CFPB) announced it has determined that state disclosure laws covering lending to businesses in California, New York, Utah, and Virginia are not preempted by the...more

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Daily Financial Regulation Update -- Friday, March 17, 2023

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March 16, 2023- U.S. Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, sent a letter to the Treasury Department, the Federal Deposit Insurance Corporation (FDIC), and...more

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Daily Financial Regulation Update -- Friday, September 30, 2022

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September 29, 2022- The U.S. Treasury's Financial Crimes Enforcement Network issued a final rule establishing a beneficial ownership information reporting requirement, pursuant to the bipartisan Corporate Transparency Act....more

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Daily Financial Regulation Update -- Tuesday, September 7, 2022

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September 6, 2022- The U.S. House of Representatives Committee on Financial Services announced updates to its September schedule. POSTPONED - Thursday, September 8 at 12 p.m. ET: The Subcommittee on Investor Protection,...more

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Daily Financial Regulation Update -- Saturday, July 16, 2022

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July 15, 2022- U.S. Senate Committee on Small Business & Entrepreneurship Chair Ben Cardin (D-Md.) and U.S. Senators John Cornyn (R-Texas), Chris Van Hollen (D-Md.), and Roger Wicker (R-Miss.), along with 44 senators, today...more

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