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News Now

Washington
House Postpones CFPB, Reg Burden Hearings, Adds FHA Discussion
WASHINGTON (10/24/13)--Hearings on small entity regulatory burden and legislative proposals to reform the makeup of the Consumer Financial Protection Bureau have been postponed. Both were originally scheduled for today.

The House Financial Services financial institutions and consumer credit subcommittee has rescheduled the CFPB hearing for 10 a.m. (ET) on Oct. 29.

The House Small Business Committee, which scheduled the regulatory burden hearing, has not announced a makeup date.

The Financial Services Committee has also set a hearing on the recent taxpayer-funded bailout of the Federal Housing Administration for 10 a.m. (ET)52666 on Oct. 29.

A House Financial Services capital markets and government sponsored enterprises subcommittee hearing entitled "Legislation to Further Reduce Impediments to Capital Formation" will still be held today at 2 p.m. ( ET).

Votes in the House will reportedly be suspended today so lawmakers can attend a funeral for Rep. C. W. "Bill" Young (R-Fla.). Young died this week at age 82. The funeral will be held Thursday in Largo, Fla.


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