House Financial Services Committee


Policy

State of Crypto: Congress Takes One Step Closer to Regulatory Clarity

A bipartisan bill addressing cryptocurrencies made it through the House of Representatives. Next up: the Senate.

The Senate is now looking at a bill that would evaluate cryptocurrency regulation within the U.S.

Videos

New Bill Would Require Companies to Disclose Information About Board, Other Metrics

House Financial Services Committee recently voted in favor of a new bill that would require public companies to publish diversity information about their board members, as well as other environmental and social metrics. Nikhilesh De breaks down how these new policies, if passed into law, would impact public crypto companies.

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Policy

US Lawmakers Introduce Bill to Clarify Crypto Regulations

The proposed bill would create a working group to evaluate U.S. cryptocurrency regulations with input from the SEC and CFTC.

Rep. Patrick McHenry (R-N.C.)

Policy

Crypto Is Spared Scapegoat Treatment in US Hearing on Terror Financing

Witnesses didn't call for new domestic terror statutes or treat cryptocurrencies as a tool uniquely suited for illicit finance in a U.S. Congressional hearing Thursday.

Rep. Jim Himes (D-Conn.) organized Thursday's hearing on terrorist financing.

Markets

US House Subpanel to Look at Crypto as Part of Examination of How Domestic Terrorism Is Funded

The hearing will assess various means of terrorist financing including cryptocurrencies and other funding mechanisms amid the backdrop of what occurred on Jan. 6.

U.S. Representative Maxine Waters, who chairs the House Financial Services Committee

Policy

State of Crypto: The US Government Keeps Mentioning Terrorism

Congress is holding a hearing on financing for domestic terrorism this week. What role will bitcoin play?

Treasury Secretary Janet Yellen has brought up crypto's use in terrorism on three different occasions since Jan. 6, 2021.

Policy

Robinhood CEO May Testify Before US House Committee Over GameStop Allegations

Vlad Tenev will likely appear before a U.S. virtual hearing as lawmakers investigate the firm's recent trading restrictions, a Politico report says.

U.S. Capitol, Washington, D.C.

Policy

US Congress Plans Hearings on GameStop Market Pumps

While Congress is planning multiple hearings, it's less clear what financial regulators might do.

GameStop's share price rose to nearly $500 on Thursday.

Policy

Waters Tells Biden to Rescind OCC Crypto Guidance; May Be Part of Anti-Trump, Anti-Crypto Offensive

The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.

U.S. Representative Maxine Waters, who chairs the House Financial Services Committee

Policy

Infosec Exec Urges US Lawmakers to Tighten Crypto Regs Over Pandemic-Driven Scams

Cryptocurrencies should be regulated more stringently, a VMWare security executive told U.S. lawmakers, citing a rise in cybercrime during the pandemic.

Tom Kellermann, head of cybersecurity strategy at VMWare, addresses a virtual hearing of the House Financial Services Subcommittee on National Security. (Sandali Handagama/CoinDesk)