Hearing Entitled: Uncertain Debt Management: Treasury Markets and Financial Institutions | U.S. House Committee on Financial Services

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Hearing Entitled: Uncertain Debt Management: Treasury Markets and Financial Institutions

Tuesday, June 06, 2023 | 10:00 | 2128 RHOB

Click here to view the LIVESTREAM of this hearing.

Click here to view the Committee Memorandum.

Legislation

H.R. __, a bill require the Chairperson of the Financial Stability Oversight Council to provide contingency plans for a disruption in the timing of payment on Treasury securities, and for other purposes.

H.R. __, a bill to require the Secretary of the Treasury to issue a report containing information on extraordinary measures available when the debt of the United States Government approaches the statutory limit, and for other purposes.

H.R. __, a bill to require testimony and reports by the Secretary of the Treasury in anticipation of the debt of the United States Government reaching the statutory limit, and for other purposes.

H.R. __, a bill to amend the Federal Reserve Act to bring the non-monetary policy related functions of the Board of Governors of the Federal Reserve System into the appropriations process, and for other purposes.

H.R. __, a bill to increase the asset thresholds at which financial institutions become subject to certain requirements, and for other purposes.

H.R. __, a bill to permit insured depository institutions to pay certain assessments to the Deposit Insurance Fund using Treasury securities, and for other purposes.

Witnesses

Mr. Grant Driessen, Specialist in Public Finance, Congressional Research Service

Mr. Jeff Arkin, Director, Strategic Issues Team, Government Accountability Office

Hearing Video

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