Roundtable Roundup

Roundup Newsletter

Roundtable Roundup is FSR’s public-facing newsletter featuring the latest insights on financial services issues on Capitol Hill, action in the Dodd Frank regulatory space and updates on FSR events.

Roundtable Roundup: FSR’s Pawlenty: Cyberattacks are ‘existential threat’

May 15, 2015

Cyber attackers who are breaching the payments system to steal consumers’ sensitive personal data are an “existential threat” to the U.S. economy, a growing problem that requires Congress to take swift action, FSR President & CEO Tim Pawlenty told the House Financial Services Committee during a data breach hearing yesterday.

Roundtable Roundup: FSR Cybersecurity Update

April 23, 2015

The House today passed the second of two key cyber threat information sharing bills—notable steps toward the finish line on an issue where FSR has led the charge on behalf of the entire financial industry.

Roundtable Roundup: House Moves on Cyber Threat Info Sharing Bills

April 16, 2015

The House Homeland Security Committee marked up a second key cyber threat information sharing bill this week. The path to floor action on strong cyber threat information sharing legislation continues to look hopeful as there is a also second bill in motion from the House Intelligence Committee, which FSR supports.

FSR Cybersecurity Update

April 2, 2015

FSR President & CEO Tim Pawlenty joined a panel with Ellen Richey, Vice Chairman of Risk and Policy at VISA Inc. and other experts to discuss the need for information sharing legislation as part of Bloomberg Government’s “In Digital We Trust” series last week. Pawlenty also testified before the House Intelligence Committee last month to highlight the many steps the financial industry has already taken to protect its customers from hackers, including its close and early involvement in the Financial Services Information Sharing and Analysis Center (FS-ISAC) which provides timely notification of threats.

Roundtable Roundup: DoL Fiduciary Rule Progress Expected Soon

February 6, 2015

The Department of Labor (DoL) is expected to release an onerous proposal that could eliminate access to retirement advice for low and moderate-income workers. It could also make financial advice considerably more cost-prohibitive – to the point that many employees who could benefit from working with a financial professional won’t consider seeking help at all.

Roundtable Roundup: POTUS Announces Cybersecurity Measures

January 15, 2015

President Obama unveiled proposals this week focusing on cybersecurity, including a call for Congress to enact cybersecurity information sharing legislation. Information sharing legislation is needed to be effective in the ongoing battle against cyber criminals and protecting consumers.