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House Republicans Send Letter Requesting Slowdown of Fintech Charter
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House Republicans Send Letter Requesting Slowdown of Fintech Charter

House Republicans Send Letter Requesting Slowdown of Fintech Charter

Fintech Nexus Staff·
FintechNews RoundupRegulationUSA
·Mar. 15, 2017·1 min read

A group of House Republicans has sent a letter to Comptroller Thomas Curry requesting his agency slowdown its plans for a fintech charter; the letter was signed by House Financial Services Committee Chairman Jeb Hensarling and 33 other House Republicans; it primarily suggests that stakeholders are not receiving an appropriate amount of time to comment on the full details of the fintech charter and that there is potential for the fintech charter to be overturned by Congress.  Source

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