New Considerations of the Committee of House Financial Services

The House Financial Services Committee considered (I) declaration from government banking controllers, including the Federal Reserve Board ("FRB"), FDIC, OCC and the National Credit Union Administration ("NCUA") on an expansive scope of worries, just as (ii) a few proposed bills forcing extra prerequisites on money related foundations. FRB vice Chair of Supervision Randal Quarles, FDIC Chair Jelena McWilliams, OCC Comptroll....