Press Releases

Media Advisory: Committee Hearing Schedule for the Week of September 5


Washington, September 2, 2016 -

WASHINGTON -- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of Sept. 5:

Wednesday, Sept. 7 at 10:00 a.m. -- The Subcommittee on Monetary Policy and Trade will hold a hearing to examine the governance of Federal Reserve Banks and how it relates to the conduct of monetary policy and economic performance. 

Witnesses at the hearing, entitled, “Federal Reserve Districts:  Governance, Monetary Policy and Economic Performance,” will include:

  • Esther George, President and Chief Executive Officer, Federal Reserve Bank of Kansas City;
  • Jeffrey Lacker, President and Chief Executive Officer, Federal Reserve Bank of Richmond; and
  • Robert Jones, Chairman and Chief Executive Officer, Old National BanCorp
  • William Spriggs, Chief Economist, AFL-CIO and Professor, Department of Economics, Howard University

Thursday, Sept. 8 at 10:00 a.m. – The Subcommittee on Oversight and Investigations will hold a hearing entitled “Fueling Terror: The Dangers of Ransom Payments to Iran.”

The hearing will examine the $1.7 billion settlement payment made to Iran in January 2016, including a $400 million cash delivery made on the same day that four American prisoners were released from the country, and the impact of such a payment on terrorism financing.

Friday, Sept. 9 at 9:15 a.m. – The Subcommittee on Capital Markets and Government Sponsored Enterprises will hold a hearing entitled “Corporate Governance:  Fostering a System that Promotes Capital Formation and Maximizes Shareholder Value.” 

Subcommittee members will examine the ability of the U.S. capital markets to permit public companies to raise capital efficiently as well as the current state of the Federal and state securities regulatory and legal regime with which public companies must comply.

The Committee’s schedule remains tentative until the official notices for each hearing are distributed. All committee activity will take place in Room 2128 of the Rayburn House Office Building.  Additional information, including a list of witnesses and live video of the proceedings, will be available on the Committee’s website.



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