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WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) announced the committee’s hearing schedule for next week.
The committee’s schedule is tentative and will depend upon witness availability and other factors that may require changes. Therefore, each meeting will become final only when the hearing notice is distributed. Hearing notices can be found online at financialservices.house.gov.
Witnesses for each hearing will be announced at later dates. These hearings will take place in Room 2128 of the Rayburn House Office Building.
May 21 at 10 a.m. – The Financial Institutions and Consumer Credit Subcommittee will hold a hearing to examine the Consumer Financial Protection Bureau’s Ability to Repay/Qualified Mortgage rule and the effect it will have on the ability of consumers to access credit and buy homes.
May 21 at 2 p.m. – The Monetary Policy and Trade Subcommittee will assess the unintended consequences of the conflict minerals provision of the Dodd-Frank Act, which requires the Securities and Exchange Commission to promulgate rules for public companies to disclose their use of minerals that originated in the Democratic Republic of Congo.
May 22 at 10 a.m. – The Financial Services Committee will hear from Treasury Secretary Jacob Lew on the Annual Report of the Financial Stability Oversight Council.
May 22 at 2 p.m. – The Oversight and Investigations Subcommittee will examine how the Department of Justice determines whether a financial institution is “Too Big to Jail.” In testimony earlier this year before the Senate Judiciary Committee, Attorney General Eric Holder said that some financial institutions are “so large that it does become difficult” for the Department of Justice to prosecute them.
May 23 at 9:30 a.m. – The Capital Markets and Government Sponsored Enterprises Subcommittee will hold a legislative hearing to examine the Burdensome Data Collection Relief Act (H.R. 1135); the Small Business Capital Access and Jobs Preservation Act (H.R. 1105); the Audit Integrity and Job Protection Act (H.R. 1564); and a proposal to amend Section 913 of the Dodd-Frank Act dealing with the fiduciary duty for broker-dealers.
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