Rep Cmte Financial Services

Chairman Hensarling Announces Hearing Schedule

Washington, Jul 3 -

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the first half of July.

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 and a list of witnesses for each hearing can be found online at

July 9 at 10 a.m. – The Financial Institutions and Consumer Credit Subcommittee will hold a hearing on the Consumer Financial Protection Bureau’s collection of consumer data and whether the CFPB is properly safeguarding the privacy of consumer data.  According to news reports, the CFPB recently began collecting financial data on at least 10 million American consumers.

July 9 at 2 p.m. – The Oversight and Investigations Subcommittee will examine whether sections of the Dodd-Frank Act concerning “Too Big to Fail” financial institutions are unconstitutional.

July 10 at 10 a.m. – The Capital Markets and Government Sponsored Enterprises Subcommittee will hold the second in a series of hearings on how government red tape hinders a healthier economy.  The first hearing in this series was held on June 12 and examined government red tape barriers that impede capital formation.

July 17 at 10 a.m. – The Financial Services Committee will hold a hearing to examine monetary policy and the state of the economy with Federal Reserve Chairman Ben Bernanke as the witness.  At the hearing, Chairman Bernanke will present the Federal Reserve Board of Governor’s semi-annual Monetary Policy Report to Congress.

All hearings will take place in Room 2128 of the Rayburn House Office Building.