Future of Payments: Promoting Innovation and Fair Markets (EventID=xxxxxx)

Video Description

Connect with the House Financial Services Committee » Get the latest news: https://democrats-financialservices.house.gov/ » Follow us on Facebook: https://www.facebook.com/USHouseFSC » Follow us on Twitter: https://x.com/USHouseFSC » Follow us on Instagram: https://www.instagram.com/ushousefsc/ » Follow us on Bluesky: https://bsky.app/profile/ushousefsc.bsky.social ___________________________________ » Subscribe: https://www.youtube.com/@USHouseFSC?sub_confirmation=1 ___________________________________ On Wednesday, June 24, 2026, at 10:00 a.m. (ET) full Committee Chairman Hill and Ranking Member Waters will host a hearing entitled, “Future of Payments: Promoting Innovation and Fair Markets." ___________________________________ Witnesses for this one-panel hearing will be: • Mr. David Portilla, Partner and Co-Head, Financial Institutions, Davis Polk • Mrs. Paige Paridon, Executive Vice President & Co-Head of Regulatory Affairs, Bank Policy Institute • Mrs. Eileen O’Mara, Vice Chair, Stripe • Ms. Rachel Anderika, Head of Global Operations, Anchorage Digital • Ms. Tara Flynn, Policy Director, National Community Reinvestment Coalition ___________________________________ This hearing will examine the evolution in our payments system and the role of bank and nonbank charters. The hearing will provide Members with an opportunity to review the regulatory, compliance, and supervisory requirements applicable to different charter types, as well as issues related to access to payment systems and financial infrastructure. The hearing will also explore how charter frameworks can promote safety and soundness, enhance competition, foster innovation, and reduce the costs associated with payments and regulatory compliance. ___________________________________ #federalreserve #doddfrank #fdic #cfpb #occ #financialservices #regulation #sec #ComptrolleroftheCurrency #securities #securitiesandexchangecommission #fsoc #ofr #ncua #NationalCreditUnionAdministration #fed #regulators ___________________________________ Hearing page: