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The Daily Punch

The Readback: French Hill and 45 years of fintech

The Daily Punch

Punchbowl News

Politics, News, Government

4.6666 Ratings

🗓️ 21 December 2024

⏱️ 16 minutes

🧾️ Download transcript

Summary

Vault co-author Brendan Pedersen discusses French Hill's history of pushing for meaningful changes to financial regulation for the sake of new technologies. This story was featured in The Readback, our weekend digest featuring the best of Punchbowl News this week. Want more in-depth daily coverage from Congress? Subscribe to our free Punchbowl News AM newsletter at punchbowl.news. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Across America, Walmart is helping small and medium-sized businesses grow.

0:05.8

The retailer's $350 billion investment in U.S. manufacturing supports businesses like

0:12.5

Athletic Brewing, which opened a new brewery and hired 200 people since working with Walmart.

0:18.7

Learn how Walmart's commitment to products made, grown, or assembled in America is

0:24.2

fueling America's workforce by visiting walmart.com slash America at work.

0:34.5

Hello and welcome to the latest edition of the Punch Bowl News Readback podcast. I'm joined by Dr.

0:41.4

Vault, our financial services reporter, Brendan Peterson, for a great conversation on his interview

0:47.5

with French Hill, who will be the top Republican and the chairman of the House Financial Services

0:52.8

Committee next year.

0:54.5

Brendan, thanks so much for joining. How are you?

0:56.8

Thank you, Max. I am doing well. I do want to stay for the record, for all those of you listening

1:01.6

at home. I do not embrace nor reject the title of Dr. Vault. I simply accept it,

1:08.1

but I try not to use it myself because I am not a medical doctor,

1:12.8

but I appreciate it.

1:15.2

Very humble.

1:16.1

And for all those listening at home, that's just the title we bestowed on Brendan for being

1:20.4

our financial services expert and, of course, one of the co-authors of a very popular

1:25.4

newsletter, The Vault Weekly and the Vault Quarterly and, you know,

1:28.9

the Vault Daily. It's everywhere. But if you want to know anything about the economy and Congress,

1:33.3

Brendan is your guy. Thank you. And on that note, Brendan, you recently spoke with a very powerful

1:39.0

person, French Hill. And the story that you wrote this week for our newsletter in the

1:43.7

readback, I just thought was so interesting.

...

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