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Congress · 116th Congress

Toomey digs in on ‘redundant’ Fed facilities provision

Toomey, R-Pa., said preventing the next Treasury secretary and the Federal Reserve from relaunching five emergency credit facilities next year was “the most important thing to me” in the COVID-19 rescue

Congress · 116th Congress

Adulting might be alive and well in Congress

Greg Walden, R-Ore., walks through the Capitol on Dec. 4, 2020. (Caroline Brehman/CQ Roll Call) Walden, like Alexander, is no pure policy geek.

Policy · 116th Congress

States need money. The Fed has it. Politics may be an obstacle

Fed embarks on protecting the economy through careful and targeted use of its powers, Congress must be realistic about what the Fed can and cannot do,” House Financial Services ranking member Patrick T.

Policy · 116th Congress

COVID-19 concerns prompt new interest in cashless payments

French Hill, R-Ark., a member of the House Financial Services Committee’s Task Force on Financial Technology, last month proposed legislation that would establish that any swipe, dip or tap transaction