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  • Michael P. Lyons Assumes Leadership Of Fiserv As Chief Executive Officer

    Date 06/05/2025

    Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced that Michael P. Lyons has been appointed Chief Executive Officer of Fiserv. Lyons assumed the position upon the confirmation of Frank Bisignano, Fiserv’s prior CEO, as Commissioner of the Social Security Administration. Lyons also joins the Fiserv Board of Directors.

  • Quarter Frictions: Remarks Before The Small Business Capital Formation Advisory Committee, SEC Commissioner Hester M. Peirce, Washington D.C., May 6, 2025

    Date 06/05/2025

    Thank you to the Committee members for your continued service and to today’s panelists. I was at the grocery store the other day thinking about, of course, small business capital raising. I shop at several different grocery stores, each of which has its plusses—low prices, broad selection, high-quality local produce, unique items, proximity to other places I need to go. Each store also has its frictions—crowded parking lots and aisles, annoying quarter deposits for grocery carts, limited opening hours. I often choose the store based as much on the frictions I will face in going there as on which one has what I want that day. That quarter for a grocery cart might just be the deciding factor against a particular store on a day when I have neither a quarter nor the capacity to carry everything I need to buy. Just as I have choice in grocery stores, small businesses have multiple capital raising options, and frictions often dictate the choice small businesses make.

  • BIS And South African Reserve Bank Invite Global Innovators To Take Up G20 TechSprint Challenge For Trust And Integrity In Scalable And Open Finance

    Date 06/05/2025

    • The sixth edition of the G20 TechSprint global competition calls for solutions to address trust and integrity in finance.
    • The G20 TechSprint invites development of innovative solutions for verifiable digital identity, consumer-consented credit data portability and fraud and cyber risk mitigation.
    • Open to developers worldwide; winners to be chosen in November by an independent judging panel.

  • Remarks At The Small Business Capital Formation Advisory Committee Meeting, Paul S. Atkins, SEC Chairman, Washington D.C., May 6, 2025

    Date 06/05/2025

    Good morning.  Today is the sixth-year anniversary of the first-ever meeting of the Small Business Capital Formation Advisory Committee.  Since that initial meeting, I have followed the discussions and recommendations by this Committee from outside the agency.  Now it gives me great pleasure to have the opportunity to address this Committee for the first time as Chairman of the SEC.  It is particularly appropriate that this meeting takes place during this year’s National Small Business Week, when we are recognizing America’s entrepreneurs and small business owners.

  • US Treasury Secretary Scott K. H. Bessent's Statement Before The United States House Of Representatives Appropriations Subcommittee On Financial Services And General Government

    Date 06/05/2025

    Chairman Joyce, Ranking Member Hoyer, and Members of the Subcommittee—I’m grateful to join you today. Treasury is eager to work with members of Congress to fund key priorities to strengthen our economy. And we look forward to coordinating with you on the President’s budget as soon as it is released.