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September 14, 2022- U.S. House Committee on Financial Services Chair Maxine Waters delivered the opening statement at the full committee hearing entitled, "When Banks. ....
Prime Minister Mia Mottley will on Wednesday present a case for authorities in Washington to take decisive action to fix the damage caused to Caribbean economies by the loss of correspondent banking.In a historic appearance before the full committee of the United States House Committee on Financial Services, Mottley will become the first Prime Minister in near four decades to testify before the American Congress at a hearing entitled, When Banks Leave: The Impact of De-Risking on the Caribbean and Strategies for Ensuring Financial Access.The hearing stems from The Roundtable Discussion on De-Risking held in Barbados in April this year, which brought together Caribbean leaders, other regional high-level officials, and US representatives led by Congresswoman Maxine Waters who heads the US House Committee on Financial Services.In recent years, Caribbean countries have been grappling to cope with large foreign financial institutions scaling back or terminating their relationships with bank ....
September 13, 2022- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "New Consumer Financial Products and the Impacts to Workers." ....
Washington, D.C. – Prime Minister Mia Mottley made an impassioned plea on Wednesday for the United States to reverse its decision regarding correspondent banking in the Caribbean telling American legislators not to allow “this to be recorded as unconscious bias”. Mottley, flanked by several Caricom prime ministers, said she believes the Committee had a “keen eye for fairness and equity” and appealed for a level playing field when she testified … ....
September 6, 2022- The U.S. House of Representatives Committee on Financial Services announced updates to its September schedule. POSTPONED - Thursday, September. ....