House Financial Services Committee Archives - The Industry Spread

House Examines Decline in IPO

September 16, 2019

The number of public companies in the U.S. capital markets today is less than half the number just twenty years ago. This comes despite the fact that the valuation of the public stock market has boomed in recent years. This change has left investors in the public markets more concentrated in increasingly larger companies

Global markets are in a “precarious time.”

May 27, 2019

I raised questions about the uncertainty of a prolonged Brexit and that affect it would have on financial institutions, derivatives markets, cross-border trading, financial services, and insurance contracts.

House Fin Democrats Target Trump Agenda

April 11, 2019

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.

AOC Speaks Against Force Arbitration

April 8, 2019

Arbitration became a hot button issue in the trading world in January 2018 when Bloomberg published an anonymously sourced article which suggested that the SEC implementing forced arbitration on shareholders.

Waters Lays Out Agenda During Mark-up

March 7, 2019

The Views and Estimates are submitted to the Committee on the Budget for its consideration to formulate a budget resolution, which by statute is to be completed by April 15th of each year.”

Democrats/Republics Lay Their Markers

February 28, 2019

Democrats plan to use their time to claim the Trump economy benefits the wealthy – particularly big banks – which are being allowed to act recklessly. Meanwhile, Republicans will play up an economy that has a good growth

Hensarling Lobbies for Bill

November 30, 2018

“But we cannot be blinded by the fact that as good as the economy is of today, we still have to concentrate on the economy of tomorrow. And we need to know, can we ensure that the seed capital is there? Can we make sure that our public policy nourishes the drivers of tomorrow’s economy, the next Amazons, the next Googles, the next Ubers; where are they going to come from?”

Fed Head of Oversight Visits Capitol Hill

November 15, 2018

Randal Quarles is the Vice Chairman for Supervision and he was testifying in front of the House Financial Services Committee in his bi-annual testimony on November 14, 2018.