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US House stablecoin hearing focuses on competing bills for regulation

The committee heard testimony on two bills on stablecoin regulation on May 18.

United statesDavid portillaDavis polk wardwellWarren davidsonMaxine watersBrad shermanRobert morganFinancial servicesFinancial services committeeHouse committee on financial serviceFinancial technologyUnited states houseHouse committeeFinancial serviceDigital assetsFederal reserve

House debates dueling bills regulating stablecoin cryptocurrencies

House debates dueling bills regulating stablecoin cryptocurrencies
courthousenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courthousenews.com Daily Mail and Mail on Sunday newspapers.

United statesNew yorkDavid portillaStephen lynchRepublicans in congressYork department of financial serviceSilicon valley bankFederal reserveDavis polk wardwellHouse financial services committeeAlthough democratsRepresentative maxine watersArkansas republican french hillDemocrat stephen lynchMassachusetts democratMember water

10-lawyer financial services team leaves Stroock for Morgan Lewis

10-lawyer financial services team leaves Stroock for Morgan Lewis
kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesPaul hastingsBrian frontinoArjun raoSwaine mooreDunn crutcherJami mckeonAllen densonDavid portillaMorgan lewisOrrick herrington sutcliffeLewis bockiusLos angelesDavis polk wardwellStroock lavan

Debt default would make Lehman bankruptcy look like a walk in the park

Repo markets and the bank deposit business, in particular, would be upended if the U.S. were to default on its debt, experts say.

United statesJerome powellJanet yellenDavid portillaKen mccarthyLou crandallKevin mccarthyEd groshansSwaine mooreJamie dimonTreasury departmentCompass point research tradingDeposit insurance corpDeposit insurance fundGoldman sachsFederal reserve

Debt default would make Lehman bankruptcy look like a walk in the park

Debt default would make Lehman bankruptcy look like a walk in the park
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

United statesJerome powellJanet yellenDavid portillaKen mccarthyLou crandallKevin mccarthyEd groshansSwaine mooreJamie dimonTreasury departmentCompass point research tradingDeposit insurance corpDeposit insurance fundGoldman sachsFederal reserve