Claire Williams covers banking policy matters on Capitol Hill. She previously wrote about financial and economic policy for Morning Consult and earlier had stints at S&P Global and the Arkansas Democrat-Gazette.
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Federal Housing Finance Agency Director Sandra Thompson said that Federal Home Loan Banks benefit from the implied guarantee of the U.S. government.
February 10 -
The president urged Congress to pass a law that would reduce credit card late fees to $8.
February 8 -
Coinbase, Paxos, MetaBank and PayPal all claim the primary purpose exception, which allows companies to place deposits at banks without limits applied to brokered deposits.
February 6 -
Sens. J.D. Vance, R-Ohio, John Fetterman, D-Pa., and Katie Britt, R-Ala., take seats on the Senate Banking Committee.
February 2 -
House Financial Services Committee Chairman Patrick McHenry, R-N.C., said that if legislation would increase spending, lawmakers need to offset that spending within the committee's jurisdiction.
February 1 -
The group, led by Senate Banking Chairman Sen. Sherrod Brown, said nonperforming loans sold to single family housing rental businesses or private equity firms results in the displacement of homeowners.
February 1 -
Sens. Elizabeth Warren, D-Mass., Roger Marshall, R-Kan., and John Kennedy, R-La., asked Silvergate if the bank knew about FTX's alleged misuse of customer funds.
January 31 -
The bill would lower the number of required meetings for credit union boards of directors, and passed via a voice vote.
January 31 -
Repo markets and the bank deposit business, in particular, would be upended if the U.S. were to default on its debt, experts say.
January 27 -
Sen. Elizabeth Warren said Silvergate's connection with crypto and the traditional banking system raises the specter of a crypto collapse.
January 25 -
AB - Policy & RegulationAlongside the merger, Orrick is launching a unit focused on regulatory advice.
January 19 -
The U.S. government reached its limit on how much money it can borrow on Thursday, teeing up a high-stakes battle in Congress.
January 19 -
AB - Policy & RegulationFinancial services regulators should treat cryptocurrency trading for what it is — another form of wagering, some experts say. But banks seeking to provide custody and many other services tied to digital assets would face even tighter restrictions under that approach.
January 18 -
AB - Policy & RegulationIncoming Financial Services Committee Chairman Patrick McHenry has tapped Rep. French Hill, an Arkansas Republican and former banker, to lead a newly established subcommittee on digital assets, technology and inclusion.
January 12 -
Rep. Katie Porter, D-Calif., a protege of Sen. Elizabeth Warren, D-Mass., would add a sharp progressive voice to financial policy debates in the Senate.
January 10 -
AB - Policy & RegulationFailing to raise the debt ceiling could throw the Treasury market into disarray, and Republicans' message is undercut in Washington.
January 6 -
At the start of 2022, Biden administration officials were cautious about how to regulate the commingling of cryptocurrencies and traditional finance. By the end of the year, agencies had taken a tougher stance, and the downfall of FTX portended more of the same in 2023.
January 1 -
The White House now has just one key bank regulatory post unfilled, but it didn't get to this point easily.
December 29 -
The Senate voted to confirm Martin Gruenberg as chairman of the Federal Deposit Insurance Corp., Travis Hill as its vice chairman and Jonathan McKernan to join the agency's board.
December 19 -
The National Defense Authorization Act passed by the Senate did not include a pot banking provision, but did include provisions on Fed master accounts and allowing banks to hire ex-cons.
December 16
