Golden Apple

October 28, 2016

We’re not dressing up for Halloween this year. As Washington insiders, aren’t we scary enough? We hear that lit candles inside jack-o-lanterns keep evil spirits away. We don’t know whether they’re effective against door-to-door canvassers. Community Organizations Warn OCC on National Fintech Charter — The National Community...

Read More

October 14, 2016

“Love is the most important thing in the world, but baseball is pretty good, too.” - Yogi Berra   Baseball’s over in the District of Columbia for another year. If you’re still rooting for a team in the playoffs, all we can say is that you’re lucky...

Read More

September 30, 2016

R.I.P., Rosetta — The spacecraft Rosetta ended its 12-year journey this week by landing gently on Comet 67P/Churyumov-Gerasimenko, which it had been orbiting for the past two years, and shutting itself down. Rosetta sent an extraordinary amount of information back to earth, which scientists around the...

Read More

September 23, 2016

Some day we’ll look back on this and it will all seem funny. - Bruce Springsteen   We begin this week by wishing a happy 67th birthday to The Boss, whose autobiography goes on sale next week. In our spare time, some of us try to think...

Read More

September 16, 2016

House Financial Services Passes Comprehensive Reform Bill — The House Financial Services voted 30-26, mostly along party lines, to pass the Financial Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs (CHOICE) Act on Tuesday without a single amendment. The 571-page package had support from community...

Read More

September 9, 2016

Welcome back! Ready to get started? The House sure is, passing four financial-related bills this week and rolling up its sleeves on a major reform package next week.   Hensarling Announces Action on Reform Package — The House Financial Services Committee will meet next Tuesday, September 12,...

Read More

July 15, 2016

House Panel Calls Shenanigans on FDIC Obstruction — FDIC Chairman Martin J. Gruenberg told the House Oversight & Government Reform Committee on Wednesday that the agency is taking action to encourage new bank charters and help groups apply for deposit insurance, but senior Committee members weren’t...

Read More

July 8, 2016

House Passes Sweeping Financial Services Appropriations Bill — The House of Representatives approved its 2017 Financial Services and General Government Appropriations bill, which includes a wide range of provisions only tangentially related to budgets. The bill cuts funding overall by $1.5 billion from 2016 levels, and...

Read More

June 24, 2016

Which Way is Out? — In a turbulent week of a turbulent year, no news is bigger than the UK’s vote yesterday to leave the European Union. More than 72% of eligible voters cast ballots, and 51.9% of those voted to leave, stunning policymakers and financial...

Read More

June 17, 2016

House Panel Approves 12 Bills — The House Financial Services Committee marked up and passed 12 measures intended to boost economic growth and block terror activity yesterday. Of particular interest are: R. 4852, Rep. Scott Garrett’s Private Placement Improvement Act, which would exempt private funds from...

Read More