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News Now

Washington
HUD, Dodd-Frank see Financial Services Committee scrutiny this week
WASHINGTON (2/24/14)--The U.S. Department of Housing and Urban Development and the Dodd-Frank Act will both be discussed at House Financial Services Committee hearings set for this week.

The HUD hearing will take place on Wednesday at 10 a.m. (ET). During that hearing, the oversight and investigations subcommittee will review a recent HUD Inspector General report addressing allegations of improper lobbying and obstruction at HUD.

Other hearings this week include:
  • A Wednesday 2 p.m. (ET) capital markets and government sponsored enterprises subcommittee hearing on the Dodd-Frank Act's impact on the asset-backed securities markets, and potential legislation dealing with the Volcker Rule's impact on collateralized loan obligations; and
  • A Friday 10 a.m. (ET) capital markets and government sponsored enterprises subcommittee hearing to examine equity market structure and review the objectives and outcomes of Regulation National Market System adopted by the Securities and Exchange Commission in 2005.
The hearing schedule is tentative. All hearings are scheduled to be held in Room 2128 of the Rayburn House Office Building.


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