The increased use of bitcoin and digital currency is providing opportunities to explore, but the risks currently outweigh the benefits, according to Paul Smocer, President of BITS, who testified before the Senate Banking Subcommittees on National Security and International Trade and Finance.
BITS President Paul Smocer testified in front of the U.S. Senate Banking Committee on Nov. 19, 2013, on digital currency and its implications. Read a copy of his submitted written testimony here.
The Financial Services Roundtable (“FSR”) thanks Chairman Neugebauer and Ranking Member Capuano for holding this important hearing entitled “The Future of Terrorism Insurance: Fostering Private Market Innovation to Limit Taxpayer Exposure.” We applaud your consideration of Terrorism Risk Insurance Act (“TRIA”) and appreciate the...
SunTrust Mortgage CEO Jerome Lienhard and other witnesses call for action on balanced GSE reform legislation.
The Financial Services Roundtable’s Housing Policy Council (HPC) will call on the Department of Defense (DOD) to make improvements to its Defense Manpower Data Center data base (DMDC) in order to better serve servicemembers in testimony before the Senate Veterans Affairs Committee today.