Press Releases

FSR Applauds Congressional Action to Protect Retirement Savers

Move highlights concerns with new Labor regulation regarding government-run retirement plans WASHINGTON, D.C. —A Congressional effort to override recent Labor Department regulations that allow states and municipalities to mandate and run retirement plans without some basic protections for private-sector workers is a necessary step to protect...

FSR: Statement on Financial Services Executive Order

Modernizing financial regulatory systems is one of the most important steps the Trump Administration can take to promote economic growth, opportunity and investment, the Financial Services Roundtable (FSR) said in reaction to an executive order the Administration released today.

FSR: Delay of Labor Department Rule Necessary Step to Protect Retirement Savers

A delay of the Department of Labor's "Fiduciary Rule" announced today is a necessary step to ensure modest-income savers maintain choice and avoid higher costs and reduced services as they try to save for retirement, the Financial Services Roundtable (FSR) said in reaction to an executive order the Trump Administration released today.

FSR Statement on Mnuchin Confirmation Process

Washington, D.C. – Financial Services Roundtable (FSR) CEO Tim Pawlenty today released the following statement encouraging the U.S. Senate to confirm Treasury Secretary Nominee Steven Mnuchin and other qualified Presidential Cabinet nominees: “FSR encourages the Senate to focus on assembling and confirming qualified individuals to serve our...

FSR: Financial Regulations and Regulators Should Evolve With New Technology

Sends Comment Letter to OCC on FinTech Charter Proposal Washington, D.C. – The Financial Services Roundtable (FSR) and its technology policy division, BITS, today submitted a comment letter responding to the Office of the Comptroller of the Currency’s (OCC) proposal to create a special purpose national bank charter for FinTech companies. In...