More on Financial Services
Washington, DC – Today, Congressman Gregory W. Meeks, a senior member of the House Committee on Financial Services, sent the following letter to Chairman Jay Clayton of the Securities and Exchange Commission urging him to study and report on the challenges faced by minority entrepreneurs in accessing capital through the private markets. The letter follows recent reports revealing that the SEC will consider regulatory changes to expand wealth opportunities for retail investors and to encourage capital formation for startups and private small businesses.
Washington, DC - Yesterday, the Office of the Comptroller of the Currency (OCC) clarified its position on nonbank financial institutions obtaining national charters. Nonbank firms that are eligible for OCC charters include those engaged in the business of banking, including “fintech” firms that either receive deposits, pay checks, or lend money. Since 2016, Rep. Gregory W.
Washington, DC – Today, a bill introduced by Rep. Gregory W. Meeks to improve disclosures around companies with entrenched corporate governance structures passed the House Committee on Financial Services, of which Rep. Meeks is a senior member.
Washington, DC – Today, U.S. Representative Gregory W. Meeks, a senior member of the House Committee on Financial Services, questioned the Commissioner of the U.S. Securities and Exchange Commission (SEC), Jay Clayton, on the agency’s intentions to improve its board diversity disclosure rule, as well the agency’s plans to adopt investor protections around dual class stock structures.
Washington, DC - Today, senior member of the Financial Services Committee, Representative Gregory W. Meeks, voted in opposition to the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155). Rep. Meeks issued the following statement on his vote in opposition to S. 2155:
Washington, D.C.— U.S. Congressman Gregory W. Meeks, Senior Member of the House Financial Services Committee, introduced H. Res. 247, a resolution calling on the House to support the goals and ideals of Financial Literacy Month. Regarding the resolution’s introduction, Congressman Meeks released the following statement: