Tag: Senate Banking

Sen. Warner urges banking regulators to address consumer financial protections

U.S. Sen. Mark Warner (D-VA), who chaired the first congressional hearing after the 2013 data breach at Target, sent a letter to federal banking regulators today questioning the lack of follow-up to better protect consumers.

Warner, Rubio announce bipartisan student loan repayment bill

U.S. Sens. Mark R. Warner (D-VA) and Marco Rubio (R-FL) today introduced The Dynamic Student Loan Repayment Act to consolidate, simplify and improve income-based repayment options for federal student loans.

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Intel adopts Warner amendment to require report on cybersecurity threats

The U.S. Senate Select Committee on Intelligence today passed the bipartisan Cybersecurity Information Sharing Act of 2014 by a vote of 12-3.

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Committee passes housing finance reform backed by Warner

The U.S. Senate Banking Committee voted 13-9 to approve bipartisan housing finance reform legislation based on The Housing Finance Reform and Taxpayer Protection Act of 2013.

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Sens. Warner, Kirk propose enhanced consumer protections for debit cards

U.S. Sens. Mark Warner (D-Va.) and Mark Kirk (R-Ill.) introduced the Consumer Debit Card Protection Act of 2014 (CDCPA), designed to increase consumer protections and reduce liability caps when debit cardholders are hit by fraud. Under federal law, personal liability for fraudulent charges on a credit card are capped at $50, but the same protection does […]

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Sens. Warner, Kirk to introduce cybersecurity amendment to Ukraine aid bill on Monday

As the U.S. Senate this week considers a significant Ukrainian aid package, U.S. Sens. Mark Warner (D-Va.) and Mark Kirk (R-Ill.) will introduce a bipartisan amendment creating a law enforcement partnership between the United States and Ukraine to combat cybercrime and improve cybersecurity.

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Sen. Warner to lead Banking Comittee hearing on Target data breach

U.S. Sen. Mark Warner (D-Va.), chairman of the Senate Banking Committee’s National Security and International Trade and Finance Subcommittee, will lead a hearing on Monday, Feb. 3 on ways to better safeguard consumers’ financial data.

Sen. Warner urges banks to offer better protections for users of prepaid cards

Following a holiday season in which a record number of consumers were expected to use prepaid cards, U.S. Sen. Mark Warner (D-Va.) introduced legislation requiring banks to more fully disclose the hidden fees often charged for the use of these cards.

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Sen. Warner calls for hearing into Target consumer data breach

U.S. Sen. Mark R. Warner (D-Va.) today requested a hearing by the Senate Banking Committee to examine whether companies and financial service providers are taking all actions necessary to safeguard consumer data and protect against fraud and identity theft in the wake of Target’s recent account data breach affecting some 40 million U.S. customers.

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Mark Warner statement on Fannie Mae, Freddie Mac profit announcements

U.S. Sen. Mark Warner (D-Va.), a member of the Senate Banking, Housing and Urban Affairs Committee, released the following statement today after Fannie Mae reported earnings of $8.7 billion and Freddie Mac reported $30.4 billion in profits in the third quarter.