House Financial Services Committee To Hold Seven Virtual Hearings in June
This afternoon, House Financial Services Committee Chairwoman Maxine Waters (D-Calif.) announced that the committee would be holding seven virtual hearings during the month of June. The majority of the hearings will cover topics related to financial services policy during the COVID-19 pandemic crisis. They will all be convened virtually, with all members participating remotely.
The first of the hearings will be convened on Wednesday, June 3, when the Subcommittee on Consumer Protection and Financial Institutions will convene for a hearing entitled, “Promoting Inclusive Lending During the Pandemic: Community Development Financial Institutions and Minority Depository Institutions.”
The following week, on June 10, the Subcommittee on Housing, Community Development and Insurance will convene for a hearing entitled, “The Rent Is Still Due: America’s Renters, COVID-19, and an Unprecedented Eviction Crisis.” The next day, the Task Force on Financial Technology will convene for a hearing entitled, “Inclusive Banking During a Pandemic: Using FedAccounts and Digital Tools to Improve Delivery of Stimulus Payments.”
On June 16 and 17, the Committee will hold two hearings. The first, scheduled for June 16 at noon, will be held by the Subcommittee on National Security, International Development and Monetary Policy on “Cybercriminals and Fraudsters: How Bad Actors are Exploiting the Financial System During the COVID-19 Pandemic.” The following day, the full committee will meet at noon for a hearing on monetary policy and the state of the economy.
Finally, on June 25 and 26, two additional hearings are planned. The first, held by the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets, will cover capital markets and emergency lending in the COVID-19 era. The second, held by the Subcommittee on Housing, Community Development and Insurance, will be entitled, “Insuring Against a Pandemic: Challenges and Solutions for Policyholders and Insurers.”
Additional information on the hearings, including potential witnesses, is unavailable at this time. All will be livestreamed at https://financialservices.house.gov/live.