Neil Haggerty

The Massachusetts senator asked Richard Fairbank in a letter why the bank didn’t detect the breach for nearly four months and how it plans to prevent future cyber intrusions.

The panel has had 13 public meetings since the Massachusetts senator’s last appearance, in May.

Expanding exemptions for initial margin requirements on swaps transactions “would harm financial stability and U.S. taxpayers,” said the top Democrats on the House and Senate banking panels.

The bill, similar to legislation that passed the chamber last year, would permit the inclusion of items such as rent and telecom payments to help consumers build their credit profiles.

The deal cleared another key hurdle as Financial Services Committee members showed little interest in slowing the formation of Truist Financial.

Despite the Senate Banking Committee’s willingness to discuss the issue, Republican support for legislation is still in question.

Lawmakers who called for sweeping reforms after the massive breach are likely to scrutinize the settlement with regulators and continue to push for changes.

A bill by Rep. Patrick McHenry, R-N.C., would give the CFPB authority to oversee cybersecurity efforts at the credit bureaus.

Lawmakers from both parties strongly criticized Libra this week, but largely steered clear of proposals to stop it.

Democrats called on the social media company to halt its Libra project, while Republicans said Congress should keep the door open to innovation.