Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Fed, Dodd-Frank Hearings on Early House Financial Services Agenda
WASHINGTON (1/3/13)--The Federal Reserve's current Quantitative Easing program, the Dodd-Frank Act's Qualified Mortgage (QM) rule and the Volckler rule are among the items on the early-year House Financial Services Committee agenda.
 
Quantitative easing's impact on international finance will be discussed at a Jan. 9 House Financial Services monetary policy and trade subcommittee hearing. Other hearings announced Thursday include:
  • A Jan. 14 House Financial Services subcommittee on financial institutions and consumer credit hearing on how new QM rules could impact homebuyers;
  • A Jan. 15 full Financial Services Committee hearing on the unintended consequences and impact of the Volcker Rule; and
  • A Jan. 28 Financial Services Committee update from Consumer Financial Protection Bureau Director Richard Cordray.
The hearing schedule is tentative. All hearings are scheduled to be held in Room 2128 of the Rayburn House Office Building.

The Senate Banking Committee has also set a Jan. 8 hearing, and committeee members are asking leadership to hold a hearing on data security issues. (See News Now story: Senators Push for Consumer Data Security Hearing.)


RSS print
News Now LiveWire
Have #Bankziety about walking down the aisle? @mncreditunions has the cure. http://t.co/xBgtLY3d8r
3 minutes ago
"It's crucial you are here and tell your story" Cali #creditunion leaders were told at a league gov relations rally http://t.co/F4Pk2oVqTX
28 minutes ago
.@WOCCU's Brian Branch's visit to U.K.'s Pennine Community #CreditUnion makes @BurnleyExpress http://t.co/OEBcVbW4Cy
57 minutes ago
#CreditUnions can still register for next week's National #CUYouthWeek. http://t.co/he5jlLNcdx
1 hours ago
.@NJCUL billboard @BankingYouTrust received more than 6,000 unique visits in the 1st quater http://t.co/XnJuqiCHUK
2 hours ago