Capital Thinking - Financial Services

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LEGISLATIVE ACTIVITY

This Week’s Hearings:

  • Tuesday, September 10: The Senate Banking Committee will hold a hearing on the nominations of Ms. Wanda Felton to be First Vice President of the Export-Import Bank of the United States and Ms. Katherine M. O’Regan to be an Assistant Secretary of the Department of Housing and Urban Development.
  • Tuesday, September 10: The House Financial Services Subcommittee on Oversight and Investigations will hold a hearing on reducing waste, fraud, and abuse in housing programs and will examine recommendations made by the Inspector General of the Department of Housing and Urban Development.
  • Wednesday, September 11: The Senate Banking Subcommittee on National Security and International Trade and Finance will hold a hearing titled, “Assessing the Investment Climate and Improving Market Access in Financial Services in India.”
  • Wednesday, September 11: The House Financial Services Subcommittee on Monetary Policy and Trade will hold a hearing on the history of the Federal Reserve titled, “The Fed Turns 100: Lessons Learned over a Century of Central Banking.”
  • Wednesday, September 11: The Joint Economic Committee will hold a hearing on the current economic outlook, with Chairman of the Council of Economic Advisors Jason Furman testifying.
  • Thursday, September 12: The Senate Banking Committee will hold a hearing titled “Essential Elements of Housing Finance Reform.”
  • Thursday, September 12: The House Financial Services Committee will hold a hearing on the Consumer Financial Protection Bureau’s (CFPB) semi-annual report to Congress, with CFPB Director Richard Cordray testifying.

Regulatory Activity

Upcoming Events:

  • Tuesday, September 10: The Financial Stability Oversight Council (FSOC) will meet in a closed session.
  • Tuesday, September 10: The Federal Deposit Insurance Corporation (FDIC) Board of Directors will meet in open session to consider a final rule on the definition of “insured deposit.”
  • Thursday, September 12: The Commodity Futures Trading Commission will hold a meeting of its Technology Advisory Committee (TAC). The meeting will focus on SDR reporting, SEFs, and the Commission’s upcoming concept release on the automated trading environment.

 

Topics:  CFPB, FDIC, FSOC, Nominations, Political Appointments, Senate Banking Committee

Published In: Finance & Banking Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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