The senator called the JPMorgan CEO's claim that his bank took care of customers during the pandemic a "bunch of baloney."
Sen. Sherrod Brown argued during a Senate committee hearing today that the industry is focused on short-term profits.
U.S. investors lack protections when they trade bitcoin on cryptocurrency exchanges, said the SEC's Gary Gensler.
Her comments come shortly after the blowup of Archegos Capital Management.
Investor advocates say they're nervous ahead of the Supreme Court clash over shareholder lawsuits.
Gary Gensler and Rohit Chopra will likely win confirmation to head the SEC and Consumer Financial Protection Bureau, respectively.
Many lawmakers seemed to not understand markets, investing or the technology behind the platforms.
Mnuchin, whose estimated net worth is over $300 million, said he does not expect to embark on a speaking tour.
The rule-cutting and lax enforcement of the Trump years appear to be over.
The rule would force banks to lend to gun manufacturers, oil drillers and other controversial industries that some have refused to do business with.