Press Releases

Hearing Schedule for the Week of July 13
Committee to Conduct Federal Reserve Oversight with Two Hearings

Washington, July 10, 2015 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of July 13th.

Tuesday, July 14th at 10:00 A.M. – The Oversight and Investigations Subcommittee will hold a hearing on the Federal Reserve’s lack of transparency and accountability.  The Subcommittee will examine the Federal Reserve’s growing power since the passage of the Dodd-Frank Act as well as its lack of operational transparency and the absence of accountability to Congress.   

Concerns about Fed accountability have been thrown into stark relief by its failure to comply with the Committee’s subpoena for records relating to a 2012 leak of confidential Federal Open Market Committee information. 

 Witness List:

  • Mark Calabria, Director of Financial Regulation Studies, Cato Institute
  • Paul Kupiec, Resident Scholar, American Enterprise Institute
  • Alice M. Rivlin, Senior Fellow, Economic Studies, Brookings Institution
  • John Taylor, Professor of Economics, Stanford University

Wednesday, July 15th at 10:00 A.M.-  The full Committee will receive the Federal Reserve’s semi-annual Monetary Policy Report to Congress and discuss the state of the economy.  Federal Reserve Chair Janet Yellen will testify. 

Due to limited seating, media will be limited to one seat per news organization.  To request a seat, please contact Maria Kim at maria.kim@mail.house.gov.  All media must be credentialed by the House media galleries.

Both hearings will take place in room 2128 of the Rayburn House Office Building.  An overflow room will be available in room 2220 of the Rayburn House Office Building.  Both hearings will also be webcast live at www.financialservices.house.gov/.

For additional information, visit www.financialservices.house.gov/.

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