Congress

Questions related to the separation of powers, independent financial regulatory agencies, and the legitimacy of bipartisan commissions, have come roaring back.in the early months of the second [...]

Last Wednesday, the House Rules Committee posted the text of H.R. 2799, the Expanding Access to Capital Act of 2024. The action by the Rules Committee marks the first step in a parliamentary [...]

Importantly, notwithstanding the remote but not unprecedented possibility of a final DOL rule being repealed via the Congressional Review Act, it is unlikely that Congress will directly impact [...]

"House Republicans devoted the overwhelming majority of their time to criticizing the SEC’s decision to pursue a climate disclosure rule, drowning out all other issues. Whereas Gensler’s [...]

"Today, at the opening of the House Financial Services Committee's final hearing of the 117th Congress, Committee Chair Maxine Waters (D-CA) and Committee Ranking Member Patrick McHenry (R-NC) [...]

So-called “Scope 3 ” emissions disclosure requirements remain - by far – the biggest political liability of the SEC’s climate disclosure proposal. Opponents of the SEC rule proposal have been [...]

"We are law professors who write individually and on behalf of the undersigned entities in support of S. 4657, the Investor Justice Act of 2022. American investors who have suffered losses to [...]

On July 6, the U.S. House Committee on Financial Services announced the following schedule for the month of July 2022. Notably, the schedule features a rare subcommittee hearing on oversight of [...]

“The undersigned comprise a coalition of stakeholders who each represent and advocate for retail investor rights. Our coalition is concerned about the lack of transparency in how mandatory [...]

This evening, the U.S. House considered a slate of financial services committee bills on an expedited basis, via the House Suspension Calendar.  The legislation approved in the House today [...]