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Philippine Senate Committee On Banks, Financial Institutions And Currencies
The Philippine Senate Committee on Banks, Financial Institutions and Currencies is a standing committee of the Senate of the Philippines. Jurisdiction According to the Rules of the Senate, the committee handles all matters relating to: * Banks * Financial institutions * Government and private currencies * Capital markets * Mutual funds * Securitization * Coinage * Circulation of money Members, 18th Congress Based on the Rules of the Senate, the Senate Committee on Banks, Financial Institutions and Currencies has 9 members. The President Pro Tempore, the Majority Floor Leader, and the Minority Floor Leader are ''ex officio'' members. Here are the members of the committee in the 18th Congress as of September 24, 2020: Committee secretary: Harold Ian V. Bartolome See also * List of Philippine Senate committees References {{Philippine Senate Banks A bank is a financial institution that accepts deposits from the public and creates a demand deposit while ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
18th Congress Of The Philippines
The 18th Congress of the Philippines (), composed of the Philippine Senate and House of Representatives of the Philippines, House of Representatives, met from July 22, 2019, until June 1, 2022, during the last three years of Rodrigo Duterte's presidency. The convening of the 18th Congress of the Philippines, Congress followed the 2019 Philippine general election, 2019 general elections, which replaced half of the Senate membership and the entire membership of the House of Representatives. Leadership Senate *President of the Senate of the Philippines, President: Tito Sotto (Nationalist People's Coalition, NPC) *President pro tempore of the Senate of the Philippines, President pro tempore: Ralph Recto (Nacionalista Party, Nacionalista) *Majority Floor Leader of the Senate of the Philippines, Majority Floor Leader: Migz Zubiri (Independent politician, Independent) *Minority Floor Leader of the Senate of the Philippines, Minority Floor Leader: Franklin Drilon (Liberal Party (Phi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securitization
Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans, or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs). Investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing. Securities backed by mortgage receivables are called mortgage-backed securities (MBS), while those backed by other types of receivables are asset-backed securities (ABS). The granularity of pools of securitized assets can mitigate the credit risk of individual borrowers. Unlike general corporate debt, the credit quality of securitized debt is non- stationary due to changes in volatility that are time ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Francis Pangilinan
Francis Pancratius "Kiko" Nepomuceno Pangilinan (; born August 24, 1963) is a Filipino lawyer, politician, and farm owner who is a Senate of the Philippines, senator-elect of the Philippines. He previously served as senator from 2001 to 2013 and from 2016 to 2022 and was the Majority Floor Leader of the Senate of the Philippines, Senate majority floor leader from 2004 to 2008. A graduate of the University of the Philippines College of Law and the Harvard Kennedy School, Pangilinan began his political career as the youngest elected Quezon City Council, councilor of Quezon City, serving from 1988 to 1992, and later founded the National Movement of Young Legislators. He then worked as a television and radio host for ABS-CBN, notably co-hosting the public service program ''Hoy Gising!'' (1993–1997) as a legal expert. During his first two Senate terms, Pangilinan authored landmark legislation such as a Incarceration of children in the Philippines, juvenile justice law that has si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lito Lapid
Manuel "Lito" Mercado Lapid (; born October 25, 1955) is a Filipino actor, director and politician serving as a Senate of the Philippines, Senator since 2019, and previously from 2004 to 2016. He started his political career in Pampanga, serving as vice governor from 1992 to 1995, and Governor of Pampanga, governor from 1995 to 2004. Early life and education Lapid was born in Porac, Pampanga on August 21, 1955. He is the fifth child out of nine children of Jose Songco Lapid and Eleuteria Mercado. He completed his elementary education at the Porac Central School in 1968 and secondary education at St. Catherine's Academy in Porac in 1972. He did not enroll for his tertiary education as he pursued acting. Acting career Lapid entered the film industry as a stuntman, and became an actor. He is the nephew of Jess Lapid Sr., Jess Lapid and the cousin of Jess Lapid Jr. The movie "The Jess Lapid Story" got him noticed in the movie industry. Political career In the 1992 Philippine g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nancy Binay
Maria Lourdes "Nancy" Sombillo Binay Angeles (born May 12, 1973) is a Filipino politician who is the mayor-elect of Makati, having been elected in 2025 to replace her sister Abby. She has served as a senator of the Philippines since 2013. Binay is the daughter of former Vice President Jejomar Binay. Without any prior experience in government, Binay placed a bid for a seat in the Senate in the 2013 elections and won, placing fifth overall. After being elected, Binay chaired both the Cultural Communities and the Tourism committees of the Senate in the 17th Congress. Binay was re-elected in the 2019 elections for a second consecutive term. Education Binay pursued her elementary and secondary education at St. Scholastica's College, Manila. She entered the University of the Philippines Diliman in June 1991, where she initially studied economics before earning a Bachelor of Science in Tourism degree, graduating in 1997. Political career Nancy Binay is the eldest daughter of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bong Go
Christopher Lawrence "Bong" Tesoro Go (; born June 14, 1974) is a Filipino politician serving as a Senate of the Philippines, senator since 2019. He previously served under the Presidency of Rodrigo Duterte, administration of President Rodrigo Duterte as Special Assistant to the President (Philippines), Special Assistant to the President and Presidential Management Staff (Philippines), Head of the Presidential Management Staff from 2016 to 2018. Go served as Duterte's personal aide and special assistant from 1998 to 2025, although he focused more on his senatorial duties after his election in 2019. Go was reelected to the Senate in 2025 amidst a feud between the Marcos family, Marcos and Duterte (surname)#Duterte Family, Duterte Political families in the Philippines, political families, earning the most number of votes in a senate election in Philippine history. In a 2020 affidavit submitted to the International Criminal Court, Go was accused by former policeman-contract kille ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panfilo Lacson
Panfilo "Ping" Morena Lacson Sr. (; born June 1, 1948) is a Filipino politician who is a senator-elect of the Philippines. He is also a former police general who served as director general of the Philippine National Police (PNP) from 1999 to 2001. He was a candidate in the 2004 and 2022 Philippine presidential elections. During his tenure as the chief of the PNP, he was known for instituting various reforms within the organization. Despite some controversies, his high approval rating and high-profile anti-corruption campaigns were key to his Senate bid in 2001, where he won and placed tenth in the elections. In January 2001, Lacson's withdrawal of police support for President Joseph Estrada was critical to Estrada's ouster in EDSA II. However, after Estrada was arrested on April 25, 2001, Lacson was among the politicians who spoke against his removal from office at pro-Estrada rallies that preceded the May 1 riots near Malacañang Palace. He ran for the presidency in 2004 but ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Win Gatchalian
Sherwin Ting Gatchalian (born April 6, 1974), known as Win Gatchalian, is a Filipino politician and businessman serving as a Senate of the Philippines, Senator since 2016. A member of the Nationalist People's Coalition (NPC), he previously served as the House of Representatives of the Philippines, Representative of Valenzuela, Metro Manila, Valenzuela's Legislative districts of Valenzuela#First district, 1st district from 2001 to 2004 and from 2013 to 2016. He was the Mayor of Valenzuela from 2004 to 2013. In 2001, Gatchalian was elected to the House of Representatives of the Philippines. After one term in Congress, he was elected mayor of Valenzuela. During his term as mayor, Gatchalian ended the city's garbage woes and oversaw the clearing operations in the aftermath of Tropical Storm Ondoy, Typhoon Ondoy. He also implemented a number of education programs, the establishment of the Valenzuela City School of Mathematics and Science, and the accessibility to tertiary public edu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sonny Angara
Juan Edgardo "Sonny" Manalang Angara (; born July 15, 1972) is a Filipino lawyer and politician who has served as the 37th Secretary of Education (Philippines), secretary of education since 2024. He has concurrently served as chairman of the Samahang Basketbol ng Pilipinas since 2016 and as the president of the Laban ng Demokratikong Pilipino since 2018. A graduate of the London School of Economics and the University of the Philippines College of Law, Angara entered politics in 2004 after being elected as the representative of Aurora's at-large congressional district, Aurora's at-large district, a seat he would hold until 2013. During his tenure, he supported the impeachment of Renato Corona and acted deputy spokesperson of the House prosecution panel. Angara was elected to the Senate of the Philippines in 2013 and served until 2024 before resigning to become the secretary of education. Early life and education Angara was born on July 15, 1972, in Manila to lawyer and form ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ex Officio Member
An ''ex officio'' member is a member of a body (notably a board, committee, or council) who is part of it by virtue of holding another office. The term ''ex officio'' is Latin, meaning literally 'from the office', and the sense intended is 'by right of office'; its use dates back to the Roman Republic. According to ''Robert's Rules of Order'', the term denotes only how one becomes a member of a body. Accordingly, the rights of an ''ex officio'' member are exactly the same as other members unless otherwise stated in regulations or bylaws. It relates to the notion that the position refers to the position the ex officio holds, rather than the individual that holds the position. In some groups, ''ex officio'' members may frequently abstain from voting. Opposite notions are dual mandate, when the same person happens to hold two offices or more, although these offices are not in themselves associated; and personal union, when two states share the same monarch. For profit and nonprofi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minority Floor Leader Of The Senate Of The Philippines
The minority floor leader of the Senate, or simply the Senate minority floor leader, is the leader elected by the political party or coalition of parties that are not part of the majority bloc in the Senate of the Philippines The Senate of the Philippines () is the upper house of Congress of the Philippines, Congress, the bicameral legislature of the Philippines, with the House of Representatives of the Philippines, House of Representatives as the lower house. The .... He serves as their official leader in the body and fulfills the responsibilities of a floor leader. He manages the business of the minority in the Senate. He is expected to defend the minority’s parliamentary rights, to criticize the policies and programs of the majority, and to use parliamentary tactics to defeat, pass, or amend legislation. The incumbent minority floor leader of the Senate is Koko Pimentel. List of minority floor leaders See also * Majority Floor Leader of the Senate of the Phili ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Majority Floor Leader Of The Senate Of The Philippines
The majority floor leader of the Senate of the Philippines, or simply the Senate majority floor leader, is the leader elected by the political party or coalition of parties that holds the majority in the Senate of the Philippines. By tradition, the President of the Senate of the Philippines, Senate president or any presiding officer gives the majority leader priority in obtaining the floor and is also the traditional chairman of the List of Philippine Senate committees, Committee on Rules. The majority leader also manages the business of the majority bloc in the Senate. The incumbent Senate majority floor leader is Francis Tolentino. List of majority floor leaders See also * Minority Floor Leader of the Senate of the Philippines External linksSenate of the Philippines References {{Philippine Senate Majority leaders of the Senate of the Philippines, * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
