Patrick_McHenry

Global markets are in a “precarious time.”

[caption id="attachment_330473" align="alignleft" width="149"] Patrick McHenry[/caption] That was the message from Patrick McHenry, a Republican from the State of North Carolina, and the ranking member- or leader of the minority- in the House Financial Services…

Dodd- Frank act

Goldman Sachs Boss Praises Dodd/Frank

Dodd/Frank received the support from an important figure in the trading world.  The House Financial Services Committee held a hearing entitled: “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial…

House Fin Democrats Target Trump Agenda

House of Democrats appear like they are using the House Financial Services Committee to fight proxy wars with President Donald Trump. That may not be such a bad thing for traders. Steve Mnuchin, the US Treasury…

Democrats and Republicans

AOC Speaks Against Force Arbitration

Alexandria Ocasio-Cortez (AOC) thinks forced arbitration is a threat to market integrity. “If we do nothing about forced arbitration and allow this practice to continue, could this mean that information about how companies are deceiving…

Waters Lays Out Agenda During Mark-up

The House Financial Services Committee previewed its agenda for the next two years as it took up next year’s budget. It held its mark-up session for the 2020 budget on March 6, 2019. The current budget…

democrats-or-republicans

Democrats/Republics Lay Their Markers

The chess match between and Democrats and Republicans on financial committees continued as The Fed Chair visited the House of Representatives. Fed Chair Jerome Powell was in front of the House Financial Services Committee for the…

Hensarling Lobbies for Bill

In what may be his final act as Chair of the House Financial Services Committee, Republican from Texas, Jeb Hensarling is urging passage of a new bill he is sponsoring. Speaking from the floor of…