McHenry reintroduces Financial Services Innovation Act again
Financial Services Committee (FSC) Chair Patrick McHenry (R-N.C.) hopes the fourth time is the charm for his legislation to create “regulatory sandboxes” allowing financial services providers to offer innovative products and services under an alternative compliance plan. The Financial Services Innovation Act, which McHenry previously introduced in 2016, 2019 and 2022, would require federal regulators to…