House Financial Services Committee to Hold Seven Hearings, One Markup in September
This month, the House Financial Services Committee will hold seven hearings and one full Committee markup, according to a schedule released by Committee Chair Maxine Waters (D-Calif.). Because of the Delta variant, all hearings and markups will be in a hybrid format where members and witnesses can participate in-person or remotely.
The month’s slate of meetings kicked off today at noon, when the full committee convened for a hearing entitled “Protecting Renters During the Pandemic: Reviewing Reforms to Expedite Emergency Rental Assistance.” During the hearing, members and witnesses discussed two pieces of legislation: H.R. 5196, the “Expediting Assistance to Renters and Landlords Act of 2021” and H.R. 3913, the “Renter Protection Act of 2021.”
Next week, on September 13 at 10:00 AM, the full Committee will meet for a hybrid markup, where they will work on three pieces of legislation, including the financial services portion of the congressional spending legislation. The markup agenda also includes H.R. 5195, the “Native American Housing Assistance and Self-Determination Reauthorization Act of 2021,” and H.R. 5196, the “Expediting Assistance to Renters and Landlords Act of 2021.”
Later in the month, the committee will hold several other hearings on a variety of topics. The Task Force on Financial Technology will convene on September 21 at 10:00 AM for a hearing entitled “Preserving the Right of Consumers to Access Personal Financial Data.” On September 22 at 10:00 AM, the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets will convene for a hearing on “Taking Stock of ‘China, Inc.’: Examining Risks to Individual Investors and the U.S. Posed by Foreign Issuers in U.S. Markets.”
On September 23 at 10:00 AM, “Lending in a Crisis: Reviewing the Federal Reserve’s Emergency Lending Powers During the Pandemic and Examining Proposals to Address Future Economic Crises” will be heard by the Subcommittee on National Security, International Development and Monetary Policy.
The Subcommittee on Diversity and Inclusion will convene on September 28 at 10:00 AM for a hearing entitled, “Access Denied: Eliminating Barriers and Increasing Economic Opportunity for Justice-Involved Individuals.” On September 29 at 10:00 AM, the Subcommittee on Consumer Protection and Financial Institutions will meet for a hearing on “The Future of Banking: How Consolidation, Nonbank Competition, and Technology are Reshaping the Banking System.”
Lastly, the full Committee will convene on September 30 at 10:00 AM for a hearing entitled, “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response.”