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Hearings Before House, Senate Leave for Spring District Work Sessions
Tuesday, March 22, 2016 6:50 AM

The U.S. Senate is out of session and the House is in for only a few days because of the spring District Work Break. In addition to the happenings on Capitol Hill, the National Credit Union Administration and the Consumer Financial Protection Bureau will hold meetings this week.

The hearings scheduled for today are:

  • 10 a.m. (ET), House Financial Services Committee hearing titled “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System;”
     
  • 10:15 a.m. (ET), House Energy and Commerce subcommittee on communications and technology hearing titled “Oversight of the Federal Communications Committee;”
     
  • 2 p.m. (ET), House Financial Services subcommittee on housing and insurance hearing titled “The Future of Housing in America: Government Regulations and the High Cost of Housing;” and
     
  • 2:30 p.m. (ET), the House Ways and Means subcommittee hearing on fundamental tax reform proposals.


Among others, Rep. Devin Nunes (R-CA) will testify at the tax reform hearing. Nunes has previously introduced bipartisan tax reform legislation that affirms the credit union tax status. Protecting the credit union tax status is a top priority for the Credit Union National Association, who will be monitoring today’s hearing.

On Thursday, the NCUA will conduct its monthly meeting and will vote on a final rule concerning credit union bank notes. The meeting will begin at 10 a.m. (ET), and live streaming will be available on NCUA.gov.

Also on Thursday, the CFPB will hold a Credit Union Advisory Council meeting. CUNA will be in attendance, and several CUNA members sit on the council. The meeting will cover the CFPB’s outlook and elder financial abuse, and a recording of the meeting will be available at a later date.