Banks & Banking 2.5.26

Banking and Finance Committee · February 5, 2026

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1:05:13

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20:00

40:00

1:05:13

Opening and invocation

13:35 → 14:19(44s)

Chair (Speaker 1) called the meeting to order and Speaker 2 offered an opening prayer.

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The committee considered House Bill 934, a proposal to transfer state securities and commodities regulation from the Secretary of State to the Department of Banking and Finance. Assistant Commissioner Nuala Zahara described implementation risks and urged a study; legislators debated oversight, fiscal impacts and recent First Liberty investor losses before approving the bill by voice vote.

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Transcript

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