Treasury Secretary Says Report On Fintechs Getting Closer

Steven Mnuchin

WASHINGTON–The U.S. Treasury will be publishing a report on financial technology (fintech) firms in the near future.

In comments to the House Financial Services Committee during the annual testimony of the Treasury Secretary, Steven Mnuchin said the report would be released “shortly.” Mnuchin told the House that he has seen a draft of the document, but it is still being reviewed.

A U.S. Treasury report on financial technology – “fintech” – should be coming out “shortly,” Secretary Steven Mnuchin told a House panel last week.

The study is the result of an executive order by President Trump’s in February that called for a comprehensive review of financial regulations.

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