The House Financial Services Committee will hold a hearing today at 10 a.m. EDT titled, "Oversight of Prudential Regulators: Ensuring the Safety, Soundness and Accountability of Megabanks and Other Depository Institutions." Click here for more information.
Two congressional hearings this week will be examining the activities of financial regulators. The Senate Banking Committee will be holding a hearing at 9:30 a.m. EDT today titled, "Oversight of Financial Regulators." Click here for prepared witness testimony and to obtain a link to the live webcast of the hearing.
Tomorrow, the House Financial Services Committee will hold a hearing at 10 a.m. EDT titled "Oversight of Prudential Regulators: Ensuring the Safety, Soundness and Accountability of Megabanks and Other Depository Institutions." Click here for more information.
Former U.S. national team gymnasts backing a Texas bill that would allow victims of sexual abuse more time to sue in civil court yesterday urged the state's lawmakers to restore a key provision allowing those individuals to sue institutions, the Associated Press reported. A push to expand the statute of limitations laws for child sex abuse victims is underway in statehouses nationwide as an onslaught of lawsuits are roiling institutions including the Catholic Church, the Boy Scouts of America and USA Gymnastics. In Texas, lawmakers quietly removed a bill's provision allowing victims to sue institutions and are now shielding the groups that lobbied them to do so. Thirty-seven states have introduced measures in 2019 to extend the amount of time victims of sexual abuse have to file lawsuits, according to the National Conference of State Legislatures. But Texas is the only state where lawmakers are trying to bar victims from taking on institutions. Texas state Rep. Craig Goldman declined to say which groups or lawmakers lobbied for the change in his legislation, noting "it's all a matter of crafting the best piece of legislation that you want to see pass."
To amend the Higher Education Act of 1965 in order to increase usage of the Federal student loan income-based repayment plan and improve repayment options for borrowers, and for other purposes.
To stop financial institution crime, require certain officers of companies to certify that they have conducted due diligence relating to criminal conduct or civil fraud, create accountability in deferred prosecution agreements, and for other purposes.
To amend title 18, United States Code, to establish criminal liability for negligent executive officers of major corporations, and for other purposes.