February 14, 2025
Response from Congressional Watchdog (PDF) | Response from Treasury IG (PDF)
Washington, D.C. - In response to a request from lawmakers led by U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, and Ron Wyden (D-Ore.), Ranking Member of the Senate Finance Committee, the Treasury Inspector General and the Governmental Accountability Office (GAO) confirmed that they will investigate Secretary of the Treasury Scott Bessent’s reported… Continue Reading
February 14, 2025
Response from Congressional Watchdog (PDF) | Response from Treasury IG (PDF)
Washington, D.C. - In response to a request from lawmakers led by U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, and Ron Wyden (D-Ore.), Ranking Member of the Senate Finance Committee, the Treasury Inspector General and the Governmental Accountability Office (GAO) confirmed that they will investigate Secretary of the Treasury Scott Bessent’s reported… Continue Reading
February 13, 2025
Senate Banking Committee Chairman Tim Scott (R-S.C.) and House Financial Services Committee Chairman French Hill (R-Ark.) today introduced Congressional Review Act (CRA) resolutions to overturn the Biden administration’s Consumer Financial Protection Bureau’s (CFPB) final rule capping overdraft fees at banks and credit unions. The committee leaders cited the rule’s impact on access to important financial services and reiterated that lawful and contractually agreed upon payment incentives promote… Continue Reading
December 11, 2024
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