Weekly RundownPosted by on May 20, 2013
Five hearings -- including Treasury Secretary Lew’s first testimony before a House committee since the IRS scandal -- make for another busy week at the House Financial Services Committee. Be sure to check back here on the Bottom Line Blog -- and subscribe to our email lists -- for updates throughout the week.
Here’s what’s happening:
On Tuesday the Financial Institutions Subcommittee kicks off the week with a hearing on the CFPB’s “ability to repay” rule at 10 a.m. And later, the Monetary Policy & Trade Subcommittee explores the unintended consequences of Dodd-Frank’s conflict minerals provision. That hearing is scheduled for 2 p.m.
On Wednesday at 10 a.m. we’re joined by Secretary Lew for the annual report of the Financial Stability Oversight Council (FSOC). The Oversight & Investigations Subcommittee takes over at 2 p.m., to ask Deputy Attorney General James Cole why some large financial institutions seem to be “too-big-to-jail” under the Obama Administration.
Rounding out the week on Thursday, the Capital Markets & GSEs Subcommittee will consider legislative proposals to relieve the red tape on investors and job creators at 9:30 a.m.