News list for "Oversight Committee"
The Trump administration is reforming government regulators charged with monitoring risks in the financial system to focus more on how to promote economic growth and the "undue burden" that comes with strict financial rules, U.S. Treasury Secretary Vincent Bescent announced on Thursday. Bescent said the Financial Stability Oversight Council (FSOC), which he chairs, will shift its focus to how to loosen financial rules, arguing that the cost of regulation to economic growth poses a risk in itself...
According to CNBC, U.S. Treasury Secretary Vincent has proposed major reforms to the Financial Stability Oversight Board.
According to Solid Intel, South Korea's Financial Supervisory Commission will shift the regulation of cryptocurrency exchanges from a self-regulatory model to a direct government supervision model.
Notice of the Cyberspace Administration of China on the "Regulations on the Establishment of Personal Information Protection Supervision Committees on Large-scale Network Platforms (exposure draft) " for public comment.
The Financial Intelligence Unit (FIU) under the Financial Supervisory Commission (FSC) of South Korea on August 6 commissioned a Phase 2 study on virtual asset legislation, focusing on anti-money laundering (AML) measures for stablecoins. The Financial Supervisory Commission said upcoming regulations are expected to bring stablecoins into the regulatory framework, allowing them to be used for payments and cross-border transfers. The study will examine global approaches to stablecoin regulation a...
Gerry Connolly, the top Democrat on the House oversight committee, wrote to the committee's Republican chairperson a day after the start of Mr. Trump's new term demanding an investigation into the president's business ties. "The committee must take immediate action to investigate the serious conflicts of interest that Donald Trump has brought into the office of the president," he said in the letter.
OpenAI said the company's safety and security committee will become an independent board oversight committee, which Zico Kolter will chair.
OpenAI: The Safety and Security Committee will become an independent board oversight committee, and Zico Kolter will chair the Safety and Security Committee.
According to sources, OPEC + has postponed the start of the Joint Ministerial Monitoring Committee (JMMC) by one hour to 11:00 Greenwich Mean Time (19:00 Beijing time), and no policy changes are expected at the JMMC meeting.
The US Secret Service will brief the House Oversight Committee on the Trump assassination on Tuesday. Republican Congressman Green and the deputy director of the Federal Bureau of Investigation (FBI) will speak on the Trump assassination today. In addition, according to Fox News, the chairperson of the US House Homeland Security Group also plans to speak with the FBI deputy director.
