Press Releases

Financial Services Committee Announces Schedule

Washington, February 8, 2012 -

Financial Services Committee Chairman Spencer Bachus announced the Committee’s schedule for the second half of February.

All hearings and mark ups will take place in the Committee’s main hearing room, 2128 Rayburn. Witnesses for the hearings will be announced at later dates.

Wednesday, February 15:
The Oversight and Investigations Subcommittee will examine the budget of the Consumer Financial Protection Bureau.  The hearing will begin at 10 a.m.

Thursday, February 16:
Beginning at 10 a.m., the Financial Services Committee will mark up several bills, including:

  • H.R. 3606, introduced by Reps. Stephen Fincher and John Carney. The legislation promotes job creation and economic growth by making it easier for more companies to access capital markets.
  • H.R. 2308, introduced by Rep. Scott Garrett. The legislation requires the Securities and Exchange Commission to conduct cost-benefit analyses of its proposed rules to ensure that the benefits of any rulemaking outweigh the costs.   
  • H.R. 1838, introduced by Rep. Nan Hayworth. The legislation strikes a provision in the Dodd-Frank Act that disadvantages U.S. financial institutions by forcing them to move their swap desks to a separately registered and capitalized entity.
  • H.R. 3871, introduced by Rep. Bill Huizenga. The legislation requires the CFPB to preserve the confidentiality of privileged information it receives from financial institutions. 
Tuesday, February 28:
The Financial Services Committee will meet at 10 a.m. to mark up legislation that strengthens the financial health of the FHA, reforms the nation’s largest housing voucher program, and harmonizes the definition of “homeless person” in Federal law so the Department of Housing and Urban Development can better estimate the number who need housing assistance and services.

Wednesday, February 29:
The Financial Services Committee will receive the semi-annual monetary policy report from Federal Reserve Chairman Ben Bernanke. The hearing will begin at 10 a.m.

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