Podcasts about house financial services

This week, John and Elliot discuss Transparency International's Opacity in Real Estate Ownership Index, FinCEN's alert on bulk cash smuggling by Mexican cartels, IRS-CI's release of 2024 BSA metrics, and its CI-FIRST initiative, Congressional hearings by a House Financial Services subcommittee, and other items impacting the financial crime prevention community.

Rep. Maxine Waters, lead Democrat on House Financial Services, discusses how the committee and Congress have changed in her long tenure, her relationship with Chair French Hill, and the importance of community banks. She also unveils the Democratic agenda for this Congress, including housing reform, stablecoin regulation and more.

The American Express CEO sits down with us to talk about the consumer, the company's stock run this year and the outlook for the company. Plus, what today's flood of economic data means for the Fed meeting next month. And, why the House Financial Services appointment could have big implications for the banking sector. 

November 26, 2024 ~ Michigan's 4th District Representative Bill Huizenga joins Kevin to talk about the race for the House Financial Services Chair.

Rep. Bill Huizenga, R-Mich., the chair of the House Financial Services oversight subcommittee, talks about his agenda if selected as GOP leader of the full panel next year, including looking deeper at artificial intelligence, regulating crypto, and fixing housing. He also talks about his focus on reining in activist investors, what he wants to see the next CFPB director tackle and the limitations of Congressional oversight.

Hugh previews tonight's caucus and marks the 100th day of Israel's war of survival with interviews with Bethany Mandel, Matt Continetti, and Jim Geraghty. Today also marks the return of former Congressman John Campbell who will be back commenting on the Fed and the economy from his perspective as a former member of the House Financial Services and Budget Committees. The pod will also bring you the arguments made by two of Israel's advocates before the ICJ.See omnystudio.com/listener for privacy information.

Bullish sentiments, unscrupulous actors, and the tech giants coalescing for the sake of decentralization. Today's episode covers some hard-hitting topics, surprising stats and a warning for OpenSea users. Here's what you need to know today in the world of crypto.Further reading:Microsoft, Tencent and other tech giants partner for decentralizationThe TVL in layer 2s has doubled since the bull runNearly half of crypto lost was due to Web2 security issuesU.S. House Financial Services hearing investigates crypto and terrorismOpenSea users targeted by phishing, but with a worrying twistSo, grab yourself a coffee, and let's get into it.Rise'n'Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph's Twitter: @CointelegraphCointelegraph's website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants' alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast's participants may or may not own any of the assets mentioned.

Credit ratings are one of the foundations of modern credit markets — and the National Association of Insurance Commissioners wants in on the action.Several months ago, the regulatory association announced plans to adjust the capital charges for insurance companies investing in CLO debt and equity, by developing an in-house rating methodology instead of relying on the big three agencies.The plans were already controversial within the CLO industry. But in a recent update, the NAIC has expanded the scope of these new rules, sparking broader outrage from industry observers as well as several Republicans on the House Financial Services committee.The NAIC says it's looking to prevent “regulatory arbitrage”, but critics see the rules as a “land grab” for rating fees. For this week's podcast, Will Caiger-Smith sits down with US deputy editor David Bell to unpack the controversy.

Mike Madrid (Lincoln Project cofounder) and Lucy Caldwell (Walsh 2020 Campaign Manager) and host Ron Steslow unpack some of the most important stories of the week and how they're shaping the political landscape: (02:04) Justice Samuel Altio's private jet imbroglio and Senate Democrat' push for court reform (30:33) China's plans to build a joint military training facility in Cuba (39:13) Fed Chairman Powell's appearance before the House Financial Services committee [Politicology+ Preview] Hunter Biden's plea deal Politicology+ is our private, ad-free version of this podcast, with subscriber-only episodes, strategy, and analysis. To join us there, visit politicology.com/plus or subscribe in Apple Podcasts. Follow this week's panel on Twitter: https://twitter.com/RonSteslow https://twitter.com/madrid_mike https://twitter.com/lucymcaldwell What we read:  Segment 1:  ProPublica—Justice Samuel Alito Took Luxury Fishing Vacation With GOP Billionaire Who Later Had Cases Before the Court WSJ—Justice Samuel Alito: ProPublica Misleads Its Readers - WSJ Segment 2:  WSJ—Beijing Plans a New Training Facility in Cuba, Raising Prospect of Chinese Troops on America's Doorstep - WSJ CNN—Blinken says he 'made very clear' US 'would have deep concerns' about Chinese military activities in Cuba | CNN Politics Segment 3 CNN—Key takeaways from Fed Chair Powell's testimony Politico—Fed poised for respite on rate hikes. Now the hurt begins. - POLITICO:  Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of our new government affairs podcast, Council VP of government affairs Blaire Bartlett talks with Rep. Erin Houchin (R-IN). A member of both the House Financial Services and Education and Workforce committees, Houchin is entrenched in multiple issues crucial to the insurance industry, including healthcare costs, flood insurance, and support for small businesses. She has always been driven to public service, and her story is one of local involvement, working parents, and a “won't take no for an answer” attitude.

Lawmakers in the European Union on Thursday voted 517-38 in favor of a new crypto licensing regime, Markets in Crypto-Assets (MiCA), with 18 absentions, making it the first major jurisdiction in the world to introduce a comprehensive crypto law. The European Parliament also voted 529-29 in favor of a separate law known as the Transfer of Funds regulation, which requires crypto operators to identify their customers in a bid to halt money laundering, with 14 abstentions. Meanwhile in the U.S. House Financial Services committee held another hearing on stablecoin regulations where results weren't very promising. ~This episode is sponsored by iTrust Capital~iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul

Matt and Nic are back with another week of news and deals. In this episode:  We debate some curious new sponsors The Miami gas shortage Nic's impressions of NFT NYC We review Eric's Orb When do Harberger taxes work? CIV is hiring The SEC is suing Bittrex and alleges that Algorand and Dash are unregistered securities Gensler is skewered by Republican lawmakers in the House Financial Services hearing Gensler refuses to answer whether Ethereum is a security We review the House hearing on stablecoins The McHenry Waters stablecoin bill appears to be dead Does FedNow make stablecoins obsolete? Should stablecoin issuance be limited to banks? A stablecoin catch-22 Hester Peirce dissents on the proposed SEC exchange rule Content mentioned: CIV is hiring Austin Campbell's written testimony to the House financial services committee Hester Peirce, Rendering Innovation Kaput: Statement on Amending the Definition of Exchange  

Kelly's Power Lunch co-host Tyler Mathisen joins us for a special Fed Edition of The Exchange an hour before Powell and company's rate decision. Bankrate's Greg McBride joins us with the real-world impact of the fastest and steepest rate hikes in history and what another increase means for consumers. House Financial Services member, and former community bank examiner, Rep. Blaine Luetkemeyer makes the case for regulators to temporarily backstop all bank deposits. Plus, Former Atlanta Fed President Dennis Lockhart tells us what it's like to be in the room when the Fed Committee meets to hash out a rate decision. 

Amid questions about how to tackle inflation, and how to mitigate ripple effects from issues in the banking sector, a member of the House Financial Services committee has updates. On Today's Show:U.S. Representative Jim Himes (D, CT-4) brings us the latest from the Fed on inflation, congressional regulators on banks, and national security related headlines from Ukraine to Jan. 6.

Joe spoke with Rep. Bill Huizenga of Michigan, the Republican Chairman of the Oversight and Investigations Subcommittee on House Financial Services discusses President Biden's veto of legislation that would reverse a rule allowing retirement portfolio managers to weigh ESG issues in their investment decisions. They also discussed the banking crisis in the United States and the Fed's next move on interest rates. Former White House Acting Chief of Staff Mick Mulvaney on the SVB collapse and Donald Trump's call for protests ahead of a possible indictment by Manhattan DA Alvin Bragg. See omnystudio.com/listener for privacy information.

Click Here to read Marcia's profile on LinkedInClick here to read about and watch the Financial Services hearingClick here to read Eli Velasquez's profile on LinkedIn  Click here to find out more about the Angel Capital AssociationTake courses to learn how to be an angel investor at Angel University - click here for info!Want to reach the Angel Capital Association? CLICK HEREHave ideas for the show?  Email us at theacaangelnextdoorpodcast@gmail.com

Special guest Representative Ed Perlmutter (D-CO) discusses his work on the SAFE Banking Act and the importance of federal clarity for marijuana banking. Rep. Perlmutter also reflects on the role of grassroots advocacy and his time in Congress as his retirement approaches at the end of this year. Key Takeaways: Why Rep. Perlmutter has been focused on establishing regulatory clarity for financial institutions that service marijuana-related businesses How the SAFE Banking Act would resolve current regulatory uncertainty and its chances of passing and being signed into law The importance of grassroots advocacy in the legislative process Representative Ed Perlmutter (D-CO) In the 117th Congress, Ed is proud to serve on four committees in the House: Financial Services; Science, Space and Technology; Rules; and the Select Committee on the Modernization of Congress. On the Financial Services Committee, Ed serves as Chair of the Consumer Protection and Financial Institutions Subcommittee. Ed is also a member of the New Democrat Coalition which is focused on harnessing American ingenuity and innovation to create new jobs, greater economic prosperity and a safer and more secure future for our country.

I am so pleased to have as my guest GOP Congressman Bill Posey who represents Florida's 8th Congressional District. He serves on the House Financial Services  and Science, Space and Technology committees.  Prior to that he served 8 years in the Florida State Senate and 10 years on the Rockledge, FL city council and prior to that, he was the founder of a large real estate company. Having been an entrepreneur, and then elected to all three branches of our American government, makes Bill pretty unusual as a politician. We have read each others books and share a common belief that much more of government should be done at the local level as our founders intended. Join us as we weigh in on all the big issues our country faces, as well a little bonus chat about UFOs!

As Friday closed for trading, imposed sanctions seemed underwhelming. This tone changed on Saturday as some Russian Banks were excluded from SWIFT, and the Russian central bank was sanctioned. Geopolitical risks intensify as Russia continues its invasion of Ukraine. Wednesday and Thursday, Fed Chair Jerome Powell testifies before the House Financial Services and Senate Banking Committees. The RBA will announce its cash rate on Tuesday with no change expected, and the BOC is expected to hike by 25bps on Wednesday. The end of the week sees the non-farm employment changes numbers on Friday.

Kentucky Rep. Andy Barr, a prominent Republican on the House Financial Services Committee, joins “Plugged In” host and former FERC Chairman Neil Chatterjee to talk more about what he sees as a failed attempt by the Biden administration to regulate climate change. He explains the intended role of financial regulators and why he says free enterprise is healthier for the economy than central planning...See omnystudio.com/listener for privacy information.

Matt and Nic return for deals and news of the week. In this episode:  Are cubes a suitable holiday gift? Best crypto Xmas gifts Bitcoin purchases we regret The House Financial Services committee holds a hearing Our Congressional hearing MVP Brian Brooks' evolution SBF kicks off shoegate Takeaways from the House hearing EOS holders reject a payment to Block One Block One's weird pivot to Bitcoin Greyscale says 26% of American adults own Bitcoin Governance difficulties in Dfinity Will SWIFT survive American sanctions on Russia Impenetrable Sushiswap drama Those landfill Bitcoins are still lost Content mentioned:  Brian Brooks' testimony before the House Financial Services Committee The Economist, The Explosion in Stablecoins Revives a Debate around 'Free Banking' WSJ, Crypto, NFTs and Tungsten Cubes: A Guide to Giving Cash in 2021 Sponsor notes:  This episode supported by Public.com. Start investing with as little as $1 and get a free slice of stock up to $50 when you join Public.com today. Visit public.com/onthebrink to download the app and sign up. Corporations and institutions can allocate cash into Circle Yield to gain crypto lending exposure and earn superior returns compared to traditional markets. It's secured, overcollateralized and built on the leading dollar digital currency. Visit circle.com/yield to book a meeting

House Financial Services taskforce considers risks from developments in consumer data sharing. In first case involving Regulation Crowdfunding, SEC charges funding portal and issuer for involvement in fraudulent distribution. SEC warns investors of risks of investments in companies operating in China. Global trade associations caution BCBS against "overly conservative" cryptoasset regulation. Comment deadline set on FINRA proposed extension for remote inspections. Updated Swaps Chapter in Commodities Regulation Guide.

Audio Transcript:00:00:00 Intro Music[Speaker] Kathy Fettke: In this Real Estate News Brief for the week ending July 17th, 2021... what the Fed says about the June inflation report, why there's been a surge in listings, and where homebuyer love letters are now banned.Hi, I'm Kathy Fettke and this is Real Estate News for Investors.Economic NewsWe begin with economic news from this past week, and an unexpected bump in the consumer price index. The government reported a .9% increase in prices for June. According to MarketWatch, that's the largest monthly increase since 2008, mostly due to higher prices for used cars. But prices are also climbing for food, energy, clothing, plane tickets and hotels. The June bump brings the 12-month rate up to 5.4%. The core rate, which eliminates prices for food and energy, was also up .9%, but the 12-month rate is less. It currently stands at 4.5%. (1)Fed Chief Jerome Powell told members of Congress that inflation has risen faster and higher than the central bank expected, but he still thinks it's a temporary situation. He told the House Financial Services panel that prices will probably remain elevated in the coming months before they moderate. He cited three reasons. They include “base effects” because we are comparing current readings to last year in the midst of the pandemic, supply chain issues, and production bottlenecks. (2) The Fed plans to keep interest rates where they are for the time being and continue with the monthly bond purchases.The number of people collecting unemployment continues to dwindle. Initial jobless claims were down to 360,000 last week, which is a new pandemic low. And the total number of people collecting benefits from any program offered by state and federal governments is 13.8 million. (3)Consumers are worried about rising prices and the job market. The University of Michigan's consumer sentiment index fell to a six-month low in July, from 85.5 to 80.8. That's not a horrible number, but it shows that consumer sentiment hasn't climbed back to pre-pandemic levels. (4)That hasn't stopped consumers from shopping and dining at restaurants however. Retail sales were up .6% in June, which beat forecasts, and are now up 18% for the past year. That's better than they were before the pandemic. (5) Mortgage RatesMortgage rates are down again this week. Freddie Mac says the average 30-year fixed-rate mortgage dropped 2 basis points week to 2.88%. The 15-year was also down 2 basis points and is now an average of 2.22%. The 30-year hit a recent peak of 3.18% in April. (6)In other news making headlines...More Homes Hit the MarketSellers are finally making an appearance. According to Redfin, There was a jump in new listings last month. They were up 4% year-over-year in June, and 3% from June of 2019. Homeowners with plans to sell had been holding off during the pandemic. (7)They were concerned about having people in their homes as well as being able to find a new one. CNBC reports that vaccines are giving them confidence about health concerns and an increase in inventory is encouraging them to go through with their plans.Apartment Rents Surge HigherThe latest monthly rent report from Zumper shows that rents are rising across the country. It shows the median national rent for a one-bedroom apartment was up 4.9% in June to $1,315 a month. The median for a two-bedroom was $1,644. (8)The report says: “Rents are on the rise in a major way. Nationally, rents jumped at a staggering rate, and the cities that experienced the biggest drops in rents during the pandemic are now starting to trend in the opposite direction.”Buyer Love Letters Banned in OregonA new state law in Oregon prohibits homebuyers from sending love letters to sellers. Buyers try to endear themselves to sellers with warm and fuzzy stories about how much they love the home along with information about themselves. They may sound harmless enough, but the Oregon law prevents real estate agents from delivering those letters to sellers. The National Association of Realtors has been warning agents that they are putting themselves at risk by getting involved with love letters in any state. It said in a blog last year: “These letters can actually pose fair housing risks because they often contain personal information and reveal characteristics of the buyer, such as race, religion, or familial status.”NAR says that agents should refuse all love letters from buyers. Oregon is the first state to ban them. (9)Most Desirable Dream Home FeaturesOutdoor space has risen to the top of a list of priorities for the American dream home. A Buildworld survey shows that 66.3% of the participants want a garden more than anything else. Second on the list is a garage, and third on the list is natural light. In step with the idea of minimalism, having lots of storage is 15th on the list. (10)You can check for links to our sources in the show notes at newsforinvestors.com. You'll also find a link to join our RealWealth network of investors for free in the show notes. As a member, you'll have access to the Investor Portal where you can view sample property pro formas and connect with our network of resources, including experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more.If you like our podcasts, be sure to subscribe, and leave us a review! Thanks for listening. I'm Kathy Fettke.Closing Music00:05:49 EndLinks:1 - https://www.marketwatch.com/story/consumer-inflation-posts-biggest-increase-since-2008-cpi-shows-11626180086?mod=economy-politics2 - https://www.marketwatch.com/story/inflation-will-moderate-powell-says-in-prepared-testimony-to-congress-11626265864?mod=economy-politics3 - https://www.marketwatch.com/story/u-s-unemployment-claims-drop-to-new-pandemic-low-of-360-000-11626353365?mod=economy-politics4 - https://www.marketwatch.com/story/u-s-consumer-sentiment-sentiment-falls-to-6-month-low-amid-record-inflation-concerns-11626446571?mod=economic-report​​5 - https://www.marketwatch.com/story/big-tabs-at-bars-and-restaurants-drive-u-s-retail-sales-higher-in-june-as-americans-get-out-and-about-11626439961?mod=economic-report6 - http://www.freddiemac.com/pmms/7 - https://www.cnbc.com/2021/07/12/homebuyers-finally-get-a-break-as-new-listings-rise-and-mortgage-rates-drop.html?&qsearchterm=catching%20a%20break8 - https://www.zumper.com/blog/category/rent-reports/9 - https://magazine.realtor/daily-news/2021/07/09/oregon-bans-buyer-love-letters10 - https://magazine.realtor/daily-news/2021/07/15/a-third-of-americans-say-their-dream-home-is-attainable

America's small business community is recovering from the pandemic, but large swathes of it haven't yet recovered. That was the message yesterday from U.S. Small Business Administrator Isabel Guzman, testifying in front of a House Financial Services subcommittee. Dan speaks with Guzman for the final of our six part America's Business Comeback series, about which small businesses still need help and what the SBA plans to do about it. Plus, the recovery view from Reckless Records' Matt Jencik in Chicago. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Vice Chairman John Byrne, and Creative Director Elliot Berman of the AML RightSource staff discuss the US Supreme Court decision in Trump v. Mazars regarding subpoenas issued by several congressional committees, including House Financial Services, to the president for certain personal financial records and the purpose for the subpoenas.

The Federal Reserve was originally set up to be America's development bank. But somehow along the way, it lost its course. Join us as we chat with Professor Bob Hockett about his ideas on returning the Fed to its roots so we can go back to investing in all of America.---Professor Hockett is the author of Financing the Green New Deal: A Plan of Action and Renewal and Money From Nothing: Or, Why We Should Stop Worrying About Debt and Learn to Love the Federal Reserve. He is the Edward Cornell Professor of Law at Cornell Law School, Professor of Public Affairs at Cornell University, and Regular Visiting Professor of Finance at Georgetown’s McDonough School of Business. He teaches, writes, publishes and advises in the fields of Enterprise-Organizational and Financial & Monetary Law and Economics, among other fields. He has advanced degrees in Law, Economics, Philosophy, and Finance. He is also Senior Counsel at Westwood Capital, a boutique investment bank in New York City and a Director of both the Public Banking Institute and the Digital Fiat Currency Institute. In the latter connection, his Inclusive Value Ledger (‘IVL’) proposal, which would institute a public digital payments platform and associated system of digital wallets and currency at any ‘level’ of government that adopted it, is under consideration by the New York State Senate and Assembly. And his Digital Greenbacks proposal, which would function as a Treasury-administered IVL at the national level, is under consideration in both Houses of the US Congress. Hockett has previously worked at the Federal Reserve Bank of New York and the International Monetary Fund (twice), clerked on the U.S. Court of Appeals for the Tenth Circuit, and is a Fellow of New Consensus and The Century Foundation and a Commissioned Author for the New America Foundation. He has also frequently consulted for and testified before the U.S. Congress (Senate Banking and House Financial Services in particular) and consulted for multiple government instrumentalities at the federal, state, and local levels, including the Fed, the Treasury, and the Financial Stability Oversight Council. Most recently he has helped draft multiple pieces of high-profile legislation for each of U.S. Senator Bernie Sanders, U.S. Senator Elizabeth Warren, and U.S. Representative Alexandria Ocasio-Cortez. In policy circles he is probably best known for helping develop the Green New Deal white paper and finance plan for Representative Ocasio-Cortez; the Public Housing Green New Deal Act for Representative Ocasio-Cortez and Senator Sanders; the Loan Shark Prevention Act for Senator Sanders and Representative Ocasio-Cortez; the Too Big to Fail, Too Big to Exist Act, the STOP Walmart Act, and the Corporate Democracy Plan for Senator Sanders; the Stop Excessive CEO Pay Act for Senator Sanders and Representatives Lee and Tlaib; the Accountable Capitalism Act for Senator Warren, and the eminent domain plan for underwater mortgages adopted by many U.S. cities after the financial crashes of 2008-09.

Congress authorized $350 billion for the Paycheck Protection Program in its coronavirus rescue package that was passed two weeks ago. Any company with 500 employees or fewer can get a loan of up to $10 million and that loan will be forgiven as long as 75% of the money goes toward keeping employees on payroll. The loans are financed by the U.S. government, but are conducted through private sector banks. But over the first several days since enrollment in the PPP opened, there have been a lot of problems with people saying they cannot enroll. There were technical issues because of the crush of people trying to apply. But the banks also put up obstacles. One of the most common problems people reported was banks saying they couldn’t apply unless they already had a business account or a credit card with them, or both. So I spoke with Rep. Patrick McHenry, the top Republican on the House Financial Services committee, who has been working with the Treasury department to try to fine tune the rollout of the program. McHenry is from North Carolina, a bank-heavy state. He was Republican leadership for several years in the House and moved over to a top committee spot when they became the House minority in 2018. There were two things McHenry said that are noteworthy. First, he said he thinks that there shouldn’t be a cap on how much the U.S. government can lend out to small businesses, an idea floated on Wednesday by Sen. Elizabeth Warren, a Massachusetts Democrat. It was noteworthy that McHenry agreed with Warren on this. The point would be to ease the anxiety of people who have had trouble getting access so far and worry they will be shut out all together. Already this week Congress is moving to add another $250 billion to the program, bringing it to a $600 billion total, but McHenry thinks that is not enough. And second, I asked McHenry to address the concerns of a number of people who told me they were not sure how to access the program. McHenry said that banks have a legal obligation to verify that loan applicants are not seeking loans with fraudulent credentials, and so he said if you have a business account with a bank, to go through them. If you don’t go through a bank where you have any account. And if you have neither or are having trouble with that approach, create an account with the bank you want to use so that they can verify your financial information. He said that the rollout has been uneven but that the next week will be improved, as will the week after that. ---I told you last week that the DC Dream Center was giving out 100 free hot meals a day in the Anacostia area of DC. That number is now up to 200 meals. I dropped by the Center over the weekend and dropped off a few items. They usually host a ton of programs at their facility just off Pennsylania Avenue on the other side of the Anacostia River, but they’ve shifted their work to feeding people who need it during this crisis. You can donate to their work HERE.And Pathways to Housing is helping people who are homeless to transition into housing to help them stabilize their lives and work toward getting employed if possible. The donation link for them is HERE.---Outro Music: "That's the Way that the World Goes Round" by John Prine Support this show http://supporter.acast.com/thelonggame. See acast.com/privacy for privacy and opt-out information.

Rep. Patrick McHenry is back to offer insight into the left’s approach to governance and the broader implications for everything from your 401k to the cost of housing in California vs Texas. What are their principles? What’s their end goal? McHenry is in a unique position to know, since he serves as ranking member on House Financial Services with Chairwoman Maxine Waters and three members of the ’Squad’ (Alexandria Ocasio-Cortez, Ayanna Pressley, and, Rashida Tlaib).

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac CPA, talks about key points from the Trump Administration's budget proposal. Specifically, he talks about what the budget proposes for affordable and public housing funding. Next, he talks about President Trump's mention of opportunity zones in the State of the Union address. He then discusses a public housing hearing held by the House Financial Services subcommittee on Housing, Community Development and Insurance. He also shares an update on the Puerto Rico emergency supplemental appropriations bill that was passed by the House of Representatives, and he shares an update on final versions of Form 8996 and 8997 that were released by the IRS. Then, he talks about a report released by Rep. Earl Blumenauer and six of his colleagues that calls for an increase in affordable housing funding. Finally, he discusses legislation that was introduced in Kentucky and Maryland to create state LIHTC programs, and a ruling in Alabama to take into account extended use agreements when valuing LIHTC properties.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac CPA, talks about key points from the Trump Administration's budget proposal. Specifically, he talks about what the budget proposes for affordable and public housing funding. Next, he talks about President Trump's mention of opportunity zones in the State of the Union address. He then discusses a public housing hearing held by the House Financial Services subcommittee on Housing, Community Development and Insurance. He also shares an update on the Puerto Rico emergency supplemental appropriations bill that was passed by the House of Representatives, and he shares an update on final versions of Form 8996 and 8997 that were released by the IRS. Then, he talks about a report released by Rep. Earl Blumenauer and six of his colleagues that calls for an increase in affordable housing funding. Finally, he discusses legislation that was introduced in Kentucky and Maryland to create state LIHTC programs, and a ruling in Alabama to take into account extended use agreements when valuing LIHTC properties.

Mark Zuckerberg testimony at House Financial Services committee AOC Questions Zuckerberg on disinformation AOC Grills Zuckerberg on Facebook's tolerance of white supremacy Katie Porter gets Zuckerberg on PTSD of Facebook employees and contractors Zuckerberg declines to watch porn Trump offers to shoot supporter on 5th avenue Trump lawyers the President is allowed to murder Why aren't commute times paid? Perfect Fact: Ben Franklin owned slaves.    ▼▼▼ REFERENCE LINKS ▼▼▼ Ben Franklin and Slavery: http://www.benjamin-franklin-history.org/slavery-abolition-society/   ➤ Subscribe to help us get a real YouTube URL!* https://www.youtube.com/channel/UCL_GZ_DNs0g-DKlBtLhcHNw    Recorded 10.24.2019   ▼▼▼▼▼▼ IMPORTANT LINKS ▼▼▼▼▼▼ Twitter: @Hank_Thompson Winners & Losers Twitter: @WinnerLoserShow Patreon: Coming Soon YouTube: https://www.youtube.com/channel/UCL_GZ_DNs0g-DKlBtLhcHNw   Inquiries, tips, questions: WinnersandLosersPodcast@gmail.com   Perfect Union is the perfect podcast for the perfect country with your host, the perfect Hank Thompson, a comedian, writer and animator who works in progressive media (The Young Turks, The Jimmy Dore Show). The show covers contemporary politics, upends American mythology and features interviews with interesting people.    *in order to choose our own name, we need at least 100 subscribers. YOU could be one of them! (thanks!)

Kevin spoke with Colin Reed, GOP Strategist & Managing Director at Definers Public Affairs, and Luis Miranda, Former DNC Communications Director. They discussed Facebook's Lira cryptocurrency, big tech, President Trump defending his attacks on Democratic Congresswomen and the topic of racism. Kevin also spoke with Congressman Denver Riggleman of Virginia's 5th district to preview crypto's House Financial Services hearing Wednesday.

Kevin spoke with Colin Reed, GOP Strategist & Managing Director at Definers Public Affairs, and Luis Miranda, Former DNC Communications Director. They discussed Facebook's Lira cryptocurrency, big tech, President Trump defending his attacks on Democratic Congresswomen and the topic of racism. Kevin also spoke with Congressman Denver Riggleman of Virginia's 5th district to preview crypto's House Financial Services hearing Wednesday.

Kevin discussed Labor Secretary Alex Acosta’s handling of a Florida plea agreement for financier Jeffrey Epstein and Federal Reserve Chairman Jerome Powell’s testimony before the House Financial Services committee. Panelists: Antjuan Seawright, Democratic Strategist, Founder and CEO of Blueprint Strategy and Mattie Duppler, Senior Fellow at the National Taxpayers Union and former Former Coalitions Director for the House Republican Conference. Kevin also spoke with House Financial Services Committee ranking member, Patrick McHenry, a North Carolina republican about Fed interest rates, trade and blockchain technology.

Kevin discussed Labor Secretary Alex Acosta’s handling of a Florida plea agreement for financier Jeffrey Epstein and Federal Reserve Chairman Jerome Powell’s testimony before the House Financial Services committee. Panelists: Antjuan Seawright, Democratic Strategist, Founder and CEO of Blueprint Strategy and Mattie Duppler, Senior Fellow at the National Taxpayers Union and former Former Coalitions Director for the House Republican Conference. Kevin also spoke with House Financial Services Committee ranking member, Patrick McHenry, a North Carolina republican about Fed interest rates, trade and blockchain technology.

House Financial Services Committee Ranking Member Patrick McHenry moderated a discussion before the Ripon Society on June 5, 2019 with Subcommittee Ranking Members Andy Barr, Sean Duffy, Bill Huizenga, Blaine Luetkemeyer and Steve Stivers, who discussed the panel's agenda between then and the end of the year.

Whispers of money laundering have swirled around Donald Trump’s businesses for years. One of his casinos, for example, was fined $10 million for not trying hard enough to prevent such machinations. Investors with shady financial histories sometimes popped up in his foreign ventures. And on Sunday, The New York Times reported that anti-money-laundering specialists at Deutsche Bank internally flagged multiple transactions by Trump companies as suspicious. (A spokesperson for the Trump Organization called the article “absolute nonsense.”) The remarkably troubled recent history of Deutsche Bank, its past money-laundering woes — and the bank’s striking relationship with Trump — are the subjects of this week’s episode. The German bank loaned a cumulative total of around $2.5 billion to Trump projects over the past two decades, and the bank continued writing him nine-figure checks even after he defaulted on a $640 million obligation and sued the bank, blaming it for his failure to pay back the debt. Trump, Inc. isn’t the only one examining the president’s relationship with the bank. Congressional investigators have gone to court seeking the kind of detailed — and usually secret — banking records that could reveal potential misdeeds related to the president’s businesses, according to recent filings by two congressional committees. The filings were made in response to a highly unusual move by lawyers for Trump, his family and his company seeking to quash congressional subpoenas issued to Deutsche Bank and Capital One, a second institution he banked with. Trump’s lawyers have contended that the congressional subpoenas “were issued to harass” Trump and damage him politically. Earlier today, a federal judge in New York declined to issue a preliminary injunction to block the subpoenas. During the hearing in which he delivered that ruling, U.S. District Judge Edgardo Ramos said Congress is within its rights to require the banks to turn over Trump’s financial information, even if the disclosure is harmful to him. For their part, the filings for the House Financial Services and Intelligence committees say they are “investigating serious and urgent questions concerning the safety of banking practices, money laundering in the financial sector, foreign influence in the U.S. political process, and the threat of foreign financial leverage, including over the President.” The inquiry includes investigating whether Trump’s accounts were involved in two large schemes involving Deutsche Bank and Russian clients. The committees want to determine “the volume of illicit funds that may have flowed through the bank, and whether any touched the accounts held there by Mr. Trump, his family, or business.” Links to Russia will get a particularly close look. “The Committee is examining whether Mr. Trump’s foreign business deals and financial ties were part of the Russian government’s efforts to entangle business and political leaders in corrupt activity or otherwise obtain leverage over them,” the filing stated. The episode explores some of the Trump-related moves by the bank: ➧ Deutsche Bank’s private wealth unit loaned Trump $48 million — after he had defaulted on his $640 million loan and the bank’s commercial unit didn’t want to lend him any further funds — so that Trump could pay back another unit of Deutsche Bank. “No one has ever seen anything like it,” said David Enrich, finance editor of The New York Times, who is writing a book about the bank and spoke to Trump, Inc. ➧ Deutsche Bank loaned Trump’s company $125 million as part of the overall $150 million purchase of the ailing Doral golf resort in Miami in 2012. The loans’ primary collateral was land and buildings that he paid only $105 million for, county land records show. The apparent favorable terms raise questions about whether the bank’s loan was unusually risky. ➧  To widespread alarm, and at least one protest that Trump would not be able to pay his lease obligations, Deutsche Bank’s private wealth group loaned the Trump Organization an additional $175 million to renovate the Old Post Office Building in Washington and turn it into a luxury hotel. Like Trump, Deutsche Bank has been scrutinized for its dealings in Russia. The bank paid more than $600 million to regulators in 2017 and agreed to a consent order that cited “serious compliance deficiencies” that “spanned Deutsche Bank’s global empire.” The case focused on “mirror trades,” which Deutsche Bank facilitated between 2011 and 2015. The trades were sham transactions whose sole purpose appeared to be to illicitly convert rubles into pounds and dollars — some $10 billion worth. A spokesperson said Deutsche Bank has increased its anti-financial-crime staff in recent years and is “committed to cooperating with authorized investigations.” The bank said it has policies in place to address the potential for conflicts of interest, including “special measures with respect to clients that hold public office or perform public functions in the U.S.” The bank was “laundering money for wealthy Russians and people connected to Putin and the Kremlin in a variety of ways for almost the exact time period that they were doing business with Donald Trump,” Enrich said. “And all of that money through Deutsche Bank was being channeled through the same exact legal entity in the U.S. that was handling the Donald Trump relationship in the U.S. And so there are a lot of coincidences here.”   You can contact us via Signal, WhatsApp or voicemail at 347-244-2134. Here’s more about how you can contact us securely. You can always email us at tips@trumpincpodcast.org. And finally, you can use the Postal Service: Trump, Inc. at ProPublica 155 Ave of the Americas, 13th Floor New York, NY 10013 “Trump, Inc.” is a production of WNYC Studios and ProPublica. Support our work by visiting donate.propublica.org or by becoming a supporting member of WNYC. Subscribe here or wherever you get your podcasts.

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode, Matt Kelly (the coolest guy in compliance) and I take a deep dive into the House Financial Services bill, HR 2515, which amends the Dodd-Frank Act to clarify that whistleblowers who report misconduct to their employers and not to the SEC also have protections against retaliation under the law. This bill fixes the US Supreme Court decision in Digital Realty Trust which mandated that whistleblowers had to go to the SEC to obtain Dodd-Frank anti-retaliation protection. Some of the highlights include: Some of the highlights include: Ø What was the ruling in Digital Realty Trust?Ø Why did it negatively impact whistleblowers, companies and the SEC?Ø What has made whistleblowers and internal reporting so significant?Ø How does the proposed fix benefit whistleblowers, companies and the SEC?Ø Why should businesses get behind this proposed fix?Ø What are the chances it actually is signed into law? For more reading check out Matt’s blog post “Progress on Whistleblower Fix”  Learn more about your ad choices. Visit megaphone.fm/adchoices

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode, Matt Kelly (the coolest guy in compliance) and I take a deep dive into the House Financial Services bill, HR 2515, which amends the Dodd-Frank Act to clarify that whistleblowers who report misconduct to their employers and not to the SEC also have protections against retaliation under the law. This bill fixes the US Supreme Court decision in Digital Realty Trust which mandated that whistleblowers had to go to the SEC to obtain Dodd-Frank anti-retaliation protection. Some of the highlights include: Some of the highlights include: Ø What was the ruling in Digital Realty Trust?Ø Why did it negatively impact whistleblowers, companies and the SEC?Ø What has made whistleblowers and internal reporting so significant?Ø How does the proposed fix benefit whistleblowers, companies and the SEC?Ø Why should businesses get behind this proposed fix?Ø What are the chances it actually is signed into law? For more reading check out Matt’s blog post “Progress on Whistleblower Fix”  Learn more about your ad choices. Visit megaphone.fm/adchoices

Mayer Brown partner Tom Delaney and senior financial analyst and government affairs advisor John Mirvish discuss the leadership of the Senate Banking and House Financial Services committees and the likely legislative and oversight issues that will occupy their agendas during the 116th Congress.

As the House Democratic majority begins wielding power, Rep. Maxine Waters of California is among its tallest lightning rods. In her three decades on Capitol Hill, she has built a reputation for fiery advocacy on behalf of her constituents in a majority-minority Los Angeles district of below-average incomes. Now she will conduct oversight of the titans of Wall Street. The House Financial Services panel - once considered a “juice committee” for its ability to deliver big donations to members - has the first African-American, and the first woman, to wield the gavel of the chair. For years, Waters has clashed energetically with the Republican right, which has made her a target on ideological and ethical grounds. But for all her high-volume rhetoric, Republican lawmakers credit her as a trustworthy colleague with a practical streak that can, at times, produce bipartisan cooperation. A wary business community hopes it can work with her in the same way. Waters, 80, sat down with me in her office on Capitol Hill to discuss her reputation, her legislative agenda, and her determination to unearth the financial secrets of Donald Trump – the president who likes to deride her as a “low-IQ” adversary. ~~~~~~~~~~~~~~~~~~~~~ Produced by: Mary Catherine Wellons & Pat Anastasi Edited by: Shari Rosen & Geoff Dills Learn more about your ad choices. Visit megaphone.fm/adchoices