Legislative Activity House Financial Services Committee to Hold Markup of CHOICE Act on Tuesday After much anticipation, House Financial Services Committee Jeb Hensarling (R-TX) introduced the Financial CHOICE Act of 2017 (CHOICE Act) last week following a contentious hearing on the bill. Unsurprisingly, the hearing revealed partisan differences over the effectiveness of the Dodd-Frank Wall … Continue Reading
Legislative Activity Financial Services Lawmakers Continue Work on Flood Insurance After Last Week’s Mark-Ups The House Financial Services and Senate Banking Committees last week advanced various pieces of legislation, including bills that would extend to investment companies operating in Puerto Rico and all the U.S. territories the same rules as those that apply on the … Continue Reading
Legislative Activity Hensarling Chooses to Move Forward with CHOICE Act Last Friday, September 9, House Financial Services Committee Chairman Jeb Hensarling (R-TX) announced his intention to move forward with the Republican plan to replace the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) and formally introduced the Creating Hope and Opportunity for Investors, Consumers … Continue Reading
Legislative Activity Senator Threatens to Hold Jeh Johnson Nomination President Barack Obama has nominated former Department of Defense Chief Counsel Jeh Johnson to serve as the next secretary of the Department of Homeland Security (DHS). However, Sen. Lindsey Graham (R-SC) has announced that he plans to block all new nominees until the State Department gives … Continue Reading
