House Financial Services Committee Members McHenry, Barr, Hill Denounce FDIC Lack of Guidance for FinTech Firms, Financial Innovation
Today, the Chairman of the
Read key excerpts below:
"We write to express our concern about the
"Yet, during your tenure, the
"Moreover, under your direction, FDITech was also reorganized within the agency's
"We are also concerned that there is no publicly available information detailing how the
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Read the lawmakers' full letter to FDIC Chair Gruenberg here (https://financialservices.house.gov/uploadedfiles/letter_to_fdic_on_oversight_strategy_for_innovation.pdf)
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Original text here: https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409132
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