Banking

Senators seek GOP support for bill to crack down on anonymous shell companies
Bill seeks to make it harder for criminals and terrorists to hide assets and launder money

Senate Banking Chairman Mickael D. Crapo, R-Idaho, and ranking Democrat Sherrod Brown of Ohio say they are working on a version of the bill they hope can gain more GOP support than its House counterpart. (Tom Williams/CQ Roll Call file photo)

After only 25 House Republicans voted for passage of a bill that would curb the use of anonymous shell companies, the bipartisan drafters of a Senate version are negotiating tweaks designed to win more GOP support.

The House on Tuesday voted 249-173 to pass its version of the bill, sponsored by Democratic Rep. Carolyn B. Maloney of New York, after adding the text of another bill from Democratic Rep. Emanuel Cleaver of Missouri that would update the nation’s anti-money laundering laws.

Fintech Beat explores how Uber is much more than a ride sharing company
Uber meets Fintech, Ep. 23

A man waits for a ride-hailing service at Ronald Reagan Washington National Airport. (Photo By Tom Williams/CQ Roll Call)

What is Uber? It's not just a ride share company and definitely more than a technology company. Increasingly, it's a fintech company, too. We speak to the CEO of Uber Payments LLC and Uber's associate counsel to explore the company's identity. 

Capitol Ink | Tax Cuts R Us

Podcast: Banking Deregulation in the Air
CQ on Congress, Episode 95

Sens. Elizabeth Warren, D-Mass., left, and Heidi Heitkamp, D-N.D., are on opposite sides of a push to relax the Dodd-Frank law passed after the 2008 financial crisis. (Photo By Tom Williams/CQ Roll Call)

CQ banking reporter Doug Sword explains the state of play as Republicans (and some Democrats) try to relax banking regulations enacted during the Obama administration to safeguard against a repeat of the 2008 financial meltdown.

Ep. 22: GOP Tries to Defang Agency That Fined Wells Fargo
The Big Story