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News Now

Washington
This Week: Reg Reform, Housing On Hearing Schedule
WASHINGTON (4/16/13)--Financial regulatory reform and housing policy discussions are set to continue in what should be another busy week for the U.S. Congress.

On Tuesday, credit unions will want to watch for a House Financial Services financial institutions and consumer credit subcommittee hearing on community bank regulatory burdens and a House Financial Services oversight and investigations subcommittee hearing on the need to end "Too Big to Fail."

The Wednesday congressional hearing schedule includes:

  • A House Financial Services Committee hearing on impediments to private capital in the housing finance system;
  • A House Financial Services oversight and investigations subcommittee hearing on the Securities and Exchange Commission's failure to implement the Jumpstart Our Business Startups Act;
  • A Senate Banking transportation and community development subcommittee hearing on foreclosure review issues; and
  • A Senate Banking Committee hearing on Federal Housing Finance Agency oversight.
The Joint Economic Committee on Thursday plans to discuss Federal Reserve monetary policy issues. House and Senate budget committees will also hold separate Tuesday hearings on President Barack Obama's 2014 revenue and economic policy proposals.

The Cybersecurity Enhancement Act of 2013 (H.R. 756) and the Cyber Intelligence Sharing and Protection Act (H.R. 624) are likely to be considered by the House this week. The Senate this week has resumed consideration of S. 649, the Safe Communities, Safe Schools Act of 2013.


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