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Caitlin Reilly

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Scott Bessent speaks at the National Conservatism Conference in Washington on July 10.

Hedge funder Bessent gets Trump blessing for Treasury

By Caitlin Reilly
Posted November 22, 2024 at 7:12pm
Sen. Bernie Sanders, I-Vt., is seen in the Capitol on Sept. 18.

Sanders set to take seat on Senate Finance panel — maybe

By Caitlin Reilly
Posted November 22, 2024 at 6:00pm, Updated at 6:23pm
Maryland Democratic Rep. Steny H. Hoyer says he originally voted for the measure because he agreed with its intention but the legislation needed a stronger appeals process for organizations targeted by the Treasury Department.

Tax-exempt crackdown measure passes despite Democrat defections

By Caitlin Reilly
Posted November 21, 2024 at 3:00pm
Rep. Brad Schneider, D-Ill., defeated Kansas Democratic Rep. Sharice Davids in a caucus election.

New Dems elect Schneider chair for the 119th Congress

By Caitlin Reilly
Posted November 20, 2024 at 6:36pm
Howard Lutnick, left, with President-elect Donald Trump in Michigan in October.

Lutnick tapped to lead Commerce Department under Trump 2.0

By Caitlin Reilly
Posted November 19, 2024 at 2:51pm
Reps. Brad Schneider of Illinois and Sharice Davids of Kansas are vying to chair the center-left New Democrat Coalition.

New Dems bullish heading into second Trump administration

By Caitlin Reilly
Posted November 19, 2024 at 6:01am
President-elect Donald Trump has yet to tip his hand on whether he wants Congress to pass an omnibus spending package this year. (Tom Williams/CQ Roll Call file photo)

Funding strategy unresolved

By David Lerman, Aidan Quigley and Caitlin Reilly
Posted November 12, 2024 at 4:57pm
Former Rep. Ron Kind, D-Wis., walks down the House steps on Sept. 30, 2022.

Campaign-trail tax proposals face difficult road to passage

By Caitlin Reilly
Posted October 30, 2024 at 2:03pm
House Ways and Means Chairman Jason Smith, R-Mo., left, speaks with ranking member Richard E. Neal, D-Mass., before a committee markup on Sept. 11.

Tax lobbying ramps up in third quarter ahead of elections

By Caitlin Reilly
Posted October 23, 2024 at 4:41pm
Former President Donald Trump speaks on the last night of the Republican National Convention in Milwaukee on July 18.

Trump goes big on tariffs, floats business relocation penalty

By Caitlin Reilly
Posted October 15, 2024 at 4:36pm
If Congress doesn’t act by the end of next year to replace or extend expiring tax provisions, households of all incomes would see their taxes increase. (Bill Clark/CQ Roll Call file photo)

Tax veterans see protracted standoff over expiring breaks

By Caitlin Reilly
Posted October 15, 2024 at 7:00am
Sen. Michael D. Crapo, R-Idaho, speaks with reporters after a vote in the Capitol on Sept. 11.

Chief Senate GOP tax writer floats alternative cost estimate for 2025 package

By Caitlin Reilly
Posted September 18, 2024 at 10:13am
Former President Donald Trump arrives on stage on the last night of the Republican National Convention in Milwaukee on July 18.

Trump does U-turn on ‘SALT’ deduction cap

By Caitlin Reilly
Posted September 17, 2024 at 4:45pm
Rep. Steven Horsford is pictured outside the Capitol after House votes on July 25.

Nevada’s Horsford likely to rejoin Ways and Means panel

By Caitlin Reilly
Posted August 30, 2024 at 12:34pm
The services of veteran legislators like former Ways and Means Chairman Kevin Brady, R-Texas, are in hot demand as K Street gears up for 2025 tax debate.

Biggest lobbying interests buck trend with higher 2024 spending

By Caitlin Reilly
Posted August 13, 2024 at 3:57pm
Then-Rep. Tim Walz, D-Minn., walks through the Capitol on Oct. 25, 2017.

Walz’s fiscal record veered from moderate to progressive champion

By Caitlin Reilly
Posted August 8, 2024 at 2:43pm
Minority Leader Mitch McConnell, R-Ky., is seen after the Senate luncheons in the Capitol on Tuesday.

Bipartisan tax package blocked as senators head for exits

By Caitlin Reilly
Posted August 1, 2024 at 3:05pm
Former President Donald Trump speaks during a rally at Herb Brooks National Hockey Center on July 27 in St. Cloud, Minn.

Trump pitches repealing tax on Social Security benefits

By Caitlin Reilly
Posted July 31, 2024 at 3:47pm, Updated at 5:46pm
Sen. JD Vance, R-Ohio, stands on stage with family after addressing the Republican National Convention on July 17.

VP nominee Vance a likely no-show for kid tax break vote

By David Lerman and Caitlin Reilly
Posted July 31, 2024 at 5:00am
Sen. Bernie Sanders is not someone who Wall Street, oil and gas, and pharmaceutical industries want to see on the tax-writing committee.

Sanders may bring his populist brand to powerful Finance panel

By Caitlin Reilly
Posted July 25, 2024 at 5:00am
Minnesota Democrat Amy Klobuchar speaks to reporters as she arrives for the Senate Democrats’ lunch in the Capitol.

Klobuchar staying put, not interested in Menendez’s Finance slot

By Caitlin Reilly
Posted July 23, 2024 at 8:27pm
Sen. Amy Klobuchar, D-Minn., speaks during a news conference on reproductive rights in the Capitol on June 18.

Names circulate for Finance panel seat if Menendez leaves

By Caitlin Reilly
Posted July 22, 2024 at 3:19pm
Sen. JD Vance appears on stage for a podium check at the Fiserv Forum before the start of the Tuesday session of the Republican National Convention.

Vance has diverse record on tax, spending

By Aidan Quigley and Caitlin Reilly
Posted July 17, 2024 at 12:30pm
President Joe Biden’s poor debate performance and sagging poll numbers could embolden Republicans on tax and spending policies.

GOP’s political edge

By David Lerman and Caitlin Reilly
Posted July 8, 2024 at 3:51pm
New York Reps. Nick LaLota, left, and Anthony D’Esposito leave a House Republican Conference meeting at the Capitol Hill Club on April 30.

Financial Services spending bill a big test for slim GOP margin

By Caitlin Reilly
Posted July 8, 2024 at 2:55pm
Then-Rep. Peter Roskam, R-Ill., attends the House Ways and Means Committee markup of the GOP tax overhaul plan on Nov. 9, 2017.

Newer crop of tax writers prepares to take on legacy 2017 law

By Caitlin Reilly
Posted July 1, 2024 at 10:08am
Rep. Blake D. Moore, R-Utah, speaks during a news conference following a House Republican Conference meeting on April 10.

House Republicans shift message on extending 2017 tax cuts

By Caitlin Reilly
Posted June 21, 2024 at 6:30am
Senate Finance Chair Ron Wyden, left, pictured talking with ranking member Michael D. Crapo before a hearing in March, says he will work with other committee Democrats to come up with a “menu” of possible revenue raisers.

Senate Finance Democrats look to raise revenue for 2025 tax cliff

By Caitlin Reilly
Posted June 20, 2024 at 3:35pm
Senate Majority Leader Charles E. Schumer, D-N.Y., opened the door to renegotiating a budget caps deal but warned that nondefense spending must increase with defense.

Spending caps in peril

By David Lerman, Caitlin Reilly and Paul M. Krawzak
Posted June 17, 2024 at 3:15pm
Texas Republican Sen. John Cornyn speaks to a reporter in the Capitol on June 4.

Trump plan to eliminate tip tax garners Capitol Hill interest

By Caitlin Reilly and Aidan Quigley
Posted June 13, 2024 at 7:14pm
Ways and Means Chairman Jason Smith, left, has set up 10 tax teams charged with preparing for the 2025 expiration of provisions of the 2017 tax law, but top Democrats on the congressional tax-writing panels, such as Ways and Means ranking member Richard E. Neal, have indicated little interest in establishing competing working groups.

House GOP ‘tax teams’ in the spotlight as major expirations near

By Caitlin Reilly
Posted June 3, 2024 at 12:47pm
Sen. Todd Young, R-Ind., is seen in the Capitol before Senate votes on April 23.

Senate GOP bill seeks to protect anonymous nonprofit donors

By Caitlin Reilly
Posted May 14, 2024 at 2:07pm
Martin O’Malley, commissioner of the Social Security Administration, called on Congress to take action sooner than later to shore up the Social Security trust fund.

Stronger economy improves outlook for Medicare, Social Security

By Caitlin Reilly and Jessie Hellmann
Posted May 6, 2024 at 6:18pm
Rep. Michelle Steel, R-Calif., arrives for a House GOP meeting at the Capitol Hill Club in Washington on May 23, 2023.

Expiring foreign income deduction gains bipartisan support

By Caitlin Reilly
Posted April 30, 2024 at 10:03am
Rep. Frank D. Lucas, R-Okla., emphasizes traditional banking issues in his run to become top Republican on House Financial Services in the next Congress.

Lucas notes ‘capital-starved’ Oklahoma in Financial Services bid

By Caitlin Reilly
Posted April 29, 2024 at 5:00am
Lobbyists have already begun to prepare for tax provisions due to expire at the end of 2025.

Unfinished bills, tax law preparation push lobbying spending up

By Caitlin Reilly
Posted April 23, 2024 at 4:34pm
House Minority Leader Hakeem Jeffries, D-N.Y., talks with reporters in the Capitol on Thursday.

Democrats prepare to ride to Johnson’s rescue, gingerly

By Caitlin Reilly, Aidan Quigley and David Lerman
Posted April 18, 2024 at 1:29pm
Speaker Mike Johnson, R-La., is seen in the Capitol before the House voted to reauthorize Section 702 of the Foreign Intelligence Surveillance Act on Friday.

Piecemeal supplemental spending plan emerges in House

By Caitlin Reilly and David Lerman
Posted April 15, 2024 at 9:08pm
Rep. Andy Harris, R-Md., leaves a House Republican Conference meeting on Oct. 24, 2023.

Harris sticks with Agriculture spending, Amodei likely to head DHS panel

By Aidan Quigley and Caitlin Reilly
Posted April 12, 2024 at 2:53pm
President Joe Biden, left, and Speaker Mike Johnson, R-La., right, face an election-year clash over the president's fiscal 2025 budget.

Biden’s budget dissected

By David Lerman, Aidan Quigley, Caitlin Reilly and Paul M. Krawzak
Posted March 25, 2024 at 2:54pm
Senate Appropriations Chair Patty Murray, D-Wash., left, speaks with ranking member Susan Collins, R-Maine, before an Oct. 31 panel hearing.

Senate sends spending package to Biden, wrapping up fiscal 2024

By Caitlin Reilly
Posted March 23, 2024 at 2:05am
Sen. Benjamin L. Cardin, D-Md., right, shown with Senate Majority Leader Charles E. Schumer, D-N.Y., said he is part of an effort to determine whether there is enough Senate support for the tax break bill.

Senate Democrats seek to maneuver tax deal to the floor

By Caitlin Reilly
Posted March 15, 2024 at 6:00am
Rep. Mike Thompson, D-Calif., is chair of the House Gun Violence Prevention Task Force.

House Democrats urge VA to find gun rider workaround

By Caitlin Reilly
Posted March 13, 2024 at 2:13pm
Sen. John Fetterman, D-Pa., is seen during votes in the Capitol on Jan. 23.

LGBTQ-related earmark dropped from spending package amid furor

By Caitlin Reilly
Posted March 6, 2024 at 2:22pm, Updated at 3:39pm
Rep. Maxwell Alejandro Frost, D-Fla., isn't sure if he'll support the package during Wednesday's vote.

Gun rider injects a bit of uncertainty into spending bill vote

By Aidan Quigley and Caitlin Reilly
Posted March 6, 2024 at 5:00am
Rep. Bill Pascrell Jr., D-N.J., says GOP-authored bill is a "fig leaf" to conceal opposition to broader middle-class tax cut.

Rule for ‘SALT’ bill goes down, likely sealing its fate

By Caitlin Reilly
Posted February 14, 2024 at 5:47pm, Updated at 6:36pm
Senate Majority Leader Charles E. Schumer hopes to assemble bipartisan support for swift passage of a border security and war funding package.

Border-war aid package on tortured path

By David Lerman, Mark Satter and Caitlin Reilly
Posted February 5, 2024 at 2:58pm
"Last time I checked, there's two chambers," Sen. Steve Daines, R-Mont., said.

Senate Republicans pump brakes on tax deal after big House win

By Caitlin Reilly and Aidan Quigley
Posted February 1, 2024 at 4:30pm
Rep. Mike Lawler, R-N.Y., is seen in the Capitol after the last votes of the week on Friday, Jan. 12, 2024.

‘SALT’ bill on shaky ground after getting over Rules hump

By K. Sophie Will and Caitlin Reilly
Posted February 1, 2024 at 1:36pm
Passage marks a victory for Ways and Means Chairman Jason Smith, R-Mo., who is seen waiting to do a television interview in the Cannon House Office Building on Tuesday.

Tax bill overcomes objections from left and right, passes House

By Caitlin Reilly
Posted January 31, 2024 at 8:37pm, Updated at 9:43pm
Sen. Michael D. Crapo, R-Idaho, arrives on the Senate subway for a vote on Wednesday.

House GOP clears path for tax package with ‘SALT’ on the side

By Caitlin Reilly
Posted January 31, 2024 at 3:46pm
Sign posted outside the United Methodist Building on Capitol Hill Tuesday.

House GOP weighs sidecar tax deal on ‘SALT,’ child credit

By Caitlin Reilly
Posted January 30, 2024 at 9:22pm
Ways and Means Chairman Jason Smith, R-Mo., leaves a House Republican Conference meeting at the Capitol Hill Club on Tuesday.

‘SALTy’ House Republicans nearly sink rule over tax deal

By Caitlin Reilly
Posted January 30, 2024 at 3:39pm
Rep. Nick LaLota, R-N.Y., leaves a meeting of the House Republican Conference in the Capitol on Jan. 17.

Johnson’s plan to expedite tax deal already faces backlash

By Caitlin Reilly
Posted January 29, 2024 at 9:22pm
House Ways and Means chairman Jason Smith, center, faces blowback on his bipartisan tax package.

Appropriations breakthrough and tax bill uncertainty

By David Lerman, Aidan Quigley and Caitlin Reilly
Posted January 29, 2024 at 1:56pm
Speaker Pro Tempore Patrick McHenry, R-N.C. presides during an Oct. 18 ballot as the House sought to choose a new speaker.

Lobbying spending by top interest groups dipped amid 2023 gridlock

By Caitlin Reilly
Posted January 24, 2024 at 3:10pm
Senate Finance Chair Ron Wyden, D-Ore., is pushing to pass a tax deal by month's end.

Prospects for tax and border deals

By David Lerman, Caitlin Reilly and John M. Donnelly
Posted January 22, 2024 at 5:10pm
Rep. Donald S. Beyer Jr., D-Va., attends the Arlington Democrats Chili Cook-Off at the Lyon Park Community Center in Arlington, Va., on Labor Day, Sept. 4, 2023.

Strong bipartisan showing in first test of tax deal’s support

By Caitlin Reilly
Posted January 19, 2024 at 4:06pm
Sen. Ron Wyden, D-Ore., enters the Senate subway after speaking with reporters in the Capitol on Wednesday, Jan. 10.

Tax panel leaders clinch deal on child credit, business breaks

By Caitlin Reilly
Posted January 16, 2024 at 10:13am, Updated at 7:11pm
Sen. Thom Tillis, R-N.C., is among those who want to put the brakes on fast-moving tax package until modifications are made.

Chief tax writers working to broaden appeal of tentative accord

By Caitlin Reilly
Posted January 11, 2024 at 6:02pm
Rep. Blaine Luetkemeyer, R-Mo., announced Thursday he would retire rather than seek another term.

Missouri’s Luetkemeyer announces plans to retire when term ends

By Caitlin Reilly
Posted January 4, 2024 at 3:00pm
Reps. French Hill, R-Ark., left, and Blaine Luetkemeyer, R-Mo., center, are seen as favorites to become the top Republican on the House Financial Services Committee. Rep. Bill Huizenga, R-Mich., second from right, is also seen as a contender.

Luetkemeyer, Hill favorites for top Financial Services Republican

By Caitlin Reilly
Posted December 12, 2023 at 1:39pm
North Carolina GOP Rep. Patrick McHenry, as speaker pro tempore, concludes a vote that did not elect a new speaker on Oct. 13.

McHenry, who served as interim speaker, will not seek another term

By Caitlin Reilly
Posted December 5, 2023 at 12:33pm, Updated at 4:45pm
Speaker Mike Johnson, R-La., hasn't been in Congress long enough to have a network of former staffers that lobbyists typically rely on.

‘Curveball like no other:’ Johnson’s rise has K Street trying to keep up

By Caitlin Reilly
Posted November 13, 2023 at 12:40pm
Senate Appropriations Chair Patty Murray, D-Wash., is pushing for domestic spending as part of an emergency foreign aid package.

Funding mess ahead

By David Lerman, Caitlin Reilly and John M. Donnelly
Posted November 6, 2023 at 3:08pm
Senate Appropriations Chair Patty Murray, D-Wash., said in a statement after passage that the Senate spending bills are the only ones with a chance of becomin law, contrasting them to House bills.

Senate passes three fiscal 2024 spending bills in ‘minibus’

By Caitlin Reilly
Posted November 1, 2023 at 6:06pm
Sen. Mike Braun, R-Ind., said earmarks encourage lawmakers to spend more.

Senate rejects Braun amendment to strip ‘minibus’ earmarks

By Caitlin Reilly
Posted October 26, 2023 at 2:47pm, Updated at 3:27pm
Sen. John Kennedy, R-La., received support from several Democrats for his amendment dealing with veterans' gun rights.

Senate adopts gun provision among amendments to spending bill

By Caitlin Reilly, John M. Donnelly, Valerie Yurk and Ellyn Ferguson
Posted October 25, 2023 at 6:07pm, Updated at 7:42pm
Majority Leader Charles Schumer, D-N.Y., said Tuesday he expects the Senate to begin voting Wednesday on amendments to a package of three fiscal 2024 spending bills.

Senate reaches deal to start voting on appropriations package

By Caitlin Reilly and Valerie Yurk
Posted October 24, 2023 at 1:23pm
Maya Wiley, president and CEO of the Leadership Conference on Civil and Human Rights, and Meta CEO Mark Zuckerberg participate in the “AI Insight Forum” in the Kennedy Caucus Room in the Russell Senate Office Building on Sept. 13.

Top groups’ lobbying spending drops in divided Congress

By Caitlin Reilly
Posted October 23, 2023 at 7:36pm
One hangup is the vote threshold for an amendment by Sen. Kevin Cramer that would stop the Transportation Department from directing state and metropolitan transportation authorities to establish their own targets for lowering and measuring carbon emissions.

Senate leaders struggle to keep pace with ‘minibus’ amendments

By Caitlin Reilly, Valerie Yurk and Ellyn Ferguson
Posted October 23, 2023 at 2:01pm
Senate Minority Leader Mitch McConnell says the Consumer Financial Protection Bureau rule is “yet another example of the Biden administration's runaway regulatory state.”

Senate votes to overturn CFPB small-business lending rule

By Caitlin Reilly
Posted October 18, 2023 at 5:00pm
Rep. Patrick McHenry, seen here in July, is suddenly back in the limelight.

How Patrick McHenry went from partisan ‘attack dog’ to holding the fate of the House in his hands

By Caitlin Reilly and Jim Saksa
Posted October 4, 2023 at 5:53pm
Banking Chairman Sherrod Brown, D-Ohio, shown earlier this month, backed the cannabis measure.

Senate Banking advances cannabis banking bill

By Caitlin Reilly
Posted September 27, 2023 at 2:49pm
Acting Labor Secretary Julie Su, right, announced the overtime proposal Wednesday. House Education and the Workforce Chairwoman Virginia Foxx, R-N.C., left, criticized the move while ranking member Rep. Robert C. Scott, D-Va., center, praised it.

Labor Department to give overtime protection to salaried workers

By Caitlin Reilly
Posted August 30, 2023 at 2:40pm
Julie Su, acting Labor secretary, testifies during a House Education and the Workforce Committee hearing on June 7.

Manchin opposition imperils Su’s chances of Labor confirmation

By Caitlin Reilly
Posted July 13, 2023 at 5:15pm
Rohit Chopra, director of the Consumer Financial Protection Bureau, testifies before Congress in 2022.

Senators, CFPB’s Chopra spar over proposed credit card fee limit

By Caitlin Reilly
Posted June 13, 2023 at 4:33pm
House Minority Whip Katherine M. Clark, D-Mass., conducts a news conference on the debt ceiling on Wednesday.

Debt limit rule adopted after Democrats ride to rescue

By Laura Weiss, Caitlin Reilly and Lindsey McPherson
Posted May 31, 2023 at 2:59pm, Updated at 7:10pm
Speaker Kevin McCarthy is seen after talking with reporters about the debt ceiling negotiations outside the Capitol on Thursday.

Debt limit deal appears close as negotiators keep working

By Lindsey McPherson, Paul M. Krawzak, Laura Weiss, Aidan Quigley and Caitlin Reilly
Posted May 26, 2023 at 2:42pm, Updated at 7:19pm
Rep. Patrick T. McHenry, R-N.C., arrives at the Capitol during the last votes of the week on Thursday.

Parties moving closer on debt ceiling deal as talks drag on

By David Lerman, Aidan Quigley, Lindsey McPherson, Paul M. Krawzak and Caitlin Reilly
Posted May 25, 2023 at 2:05pm, Updated at 11:24pm
House Minority Leader Hakeem Jeffries, D-N.Y., talks with reporters about the debt ceiling negotiations in the Capitol Visitor Center on Tuesday.

Another day, another pause in debt ceiling negotiations

By Lindsey McPherson, Laura Weiss and Caitlin Reilly
Posted May 23, 2023 at 7:52pm, Updated May 24, 2023 at 5:10am
Reps. Garret Graves, R-La., left, and Patrick T. McHenry, R-N.C., speak to reporters about debt ceiling negotiations as they leave the House Republicans’ conference meeting at the Capitol Hill Club in Washington on Tuesday, May 23, 2023.

Wide gulf between debt limit negotiators as time grows short

By Caitlin Reilly and Lindsey McPherson
Posted May 23, 2023 at 2:16pm, Updated at 5:01pm
Speaker Kevin McCarthy talks with reporters about the debt ceiling negotiations in the Capitol on Monday.

McCarthy says debt limit deal with Biden possible

By Caitlin Reilly
Posted May 22, 2023 at 3:08pm, Updated at 5:06pm
Sen. Tim Scott, R-S.C., speaks at The Citadel Holliday Alumni Center in Charleston, S.C., on Feb. 16.

Five things to know about Tim Scott’s record in Congress

By Niels Lesniewski and Caitlin Reilly
Posted May 22, 2023 at 5:00am, Updated at 12:21pm
Speaker Kevin McCarthy, R-Calif., conducts a news conference with House and Senate Republicans on the west terrace of the Capitol on Wednesday.

Party leaders optimistic as debt limit negotiators get to work

By Aidan Quigley, Lindsey McPherson and Caitlin Reilly
Posted May 17, 2023 at 4:23pm
Senate Banking Chairman Sherrod Brown, D-Ohio, doesn't see any consensus on how to raise the deposit insurance cap.

Bipartisan interest in new deposit insurance cap, but for whom?

By Caitlin Reilly
Posted May 10, 2023 at 8:17am
Senate Minority Leader Mitch McConnell, R-Ky., speaks during the Senate Republicans’ news conference in the Capitol on Tuesday.

Senate, for now, defers to Biden and McCarthy on debt talks

By Laura Weiss, Lindsey McPherson, Aidan Quigley and Caitlin Reilly
Posted May 2, 2023 at 5:50pm
Rep. French Hill, R-Ark., center, the chairman of the House Financial Services digital assets subcommittee, said the collaboration "vastly increases" the chances of getting cryptocurrency legislation right.

House GOP tries panel collaboration on crypto; Democrats leery

By Caitlin Reilly
Posted May 2, 2023 at 7:00am
Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation, said business payment accounts pose more stability concerns.

FDIC recommends raising deposit insurance cap for businesses

By Caitlin Reilly
Posted May 1, 2023 at 3:19pm
Julie Su, the nominee for Labor secretary, was advanced by the Senate Health, Education, Labor and Pensions Committee in a party line vote Wednesday.

Senate panel advances Su for Labor secretary

By Caitlin Reilly and K. Sophie Will
Posted April 26, 2023 at 10:50am
Julie Su, nominee to serve as secretary of Labor, arrives for her confirmation hearing before the Senate Health, Education, Labor and Pensions Committee on Thursday.

Senate supporters rally to Labor nominee Su against GOP critics

By Caitlin Reilly
Posted April 20, 2023 at 3:30pm
Rep. Bill Huizenga, the chairman of the House Financial Services Subcommittee on Oversight and Investigations, said in a letter the emails could implicate more than 50 financial institutions' "sensitive information."

CFPB employee sent data of 250,000 customers to personal email

By Caitlin Reilly
Posted April 19, 2023 at 6:10pm
Sen. Tina Smith, D-Minn., said in an interview that constituents see rural housing is crucial to rural communities.

Advocates eye farm bill to avert drop in affordable rural housing

By Caitlin Reilly
Posted April 11, 2023 at 5:00am
House Financial Services Chairman Patrick T. McHenry, R-N.C., said the White House was faulting regulations for the collapse of two banks this month, but that the problem was regulators who didn't supervise the banks.

White House urges regulators to toughen rules after bank failures

By Caitlin Reilly
Posted March 30, 2023 at 4:21pm
President Joe Biden urged Congress to give the FDIC clawback authority in the wake of the Silicon Valley Bank and Signature Bank collapses this month.

Bipartisan group of senators offer clawback bill for bank failures

By Caitlin Reilly
Posted March 29, 2023 at 3:32pm, Updated at 4:21pm
Michael Barr, the Fed’s vice chair for supervision, told the Senate Banking Committee on Tuesday that SVB managers were warned of the risks they faced.

Fed’s Barr: SVB ignored ‘bread and butter’ banking issues

By Caitlin Reilly
Posted March 28, 2023 at 2:40pm
Sen. Kevin Cramer, R-N. D., said he would be open to legislation applying to SVB, but is wary of a broad, permanent clawback option for the FDIC.

Lawmakers open to Biden’s call to claw back SVB executive pay

By Caitlin Reilly
Posted March 27, 2023 at 7:00am
Senate Banking Chair Sherrod Brown, D-Ohio, raised the "magnitude of the uninsured deposits" at Silicon Valley Bank and Signature Bank after federal regulators said they would guarantee the deposits.

Lawmakers float ways to recapture deposit insurance discipline

By Caitlin Reilly
Posted March 20, 2023 at 5:33pm
Sen. Chris Coons, D-Del., who voted to ease regulations in 2018, said it isn't clear what additional regulatory requirements might have changed the outcome at SVB.

Lawmakers from both parties skeptical of legislation over SVB

By Caitlin Reilly
Posted March 15, 2023 at 3:21pm, Updated at 3:51pm
Rep. Brad Sherman, D-Calif., said any stress test “worthy of the name stress test” would have caught SVB's condition before its failure.

Post-mortems begin on Silicon Valley Bank failure

By Caitlin Reilly
Posted March 13, 2023 at 5:47pm, Updated at 6:17pm