Financial Services Week Ahead March 2-6
US House of Representatives:
House Financial Services Committee:
Tuesday, March 3, 2015 at 2:30 PM in HVC-210 of the House Visitors’ Center – Hearing entitled “The Semi-Annual Report of the Bureau of Consumer Protection.” Full Committee
The Honorable Richard Cordray, Director, Consumer Financial Protection Bureau
Comments: Six month oversight review of the CFPB. Expect questions on disparate impact, pay day, medical debt, overdraft, operation choke point, CFPB building cost, and regulatory relief.
Thursday, March 5, 2015 at 9;00 AM in 2167 Rayburn HOB – Hearing entitled “Oversight of the SEC’s Division of Enforcement.” Capital Markets and Government Sponsored Enterprises
Mr. Andrew Ceresney, Director of Enforcement, Security and Exchange Commission
Comments: Oversight of the recent settlements and prosecutions by the SEC enforcement division.
House Appropriations Committee:
Wednesday, March 4, 2015 2:00 PM in 2359 Rayburn HOB, Budget Hearing – Department of Treasury. Financial Services And General Government Subcommittee
The Honorable, Jacob J. Lew, Secretary, Department of Treasury
Comments: While funding is always an issue, expect questions of the FSOC and the SIFI process and designations
House Energy and Commerce Committee:
Tuesday, March 3, 2015 at 2:00 p.m. in 2322 Rayburn House Office Building – Hearing entitled “Understanding the Cyber Threat and Implications for the 21st Century.” Oversight and Investigations Subcommittee
Herbert Lin, Senior Research Scholar at the Center for International Security and Cooperation and Senior Fellow at the Hoover Institution, Stanford University
Richard Bejtlich, Chief Security Strategist, FireEye, Incorporated
Gregory Shannon, Chief Scientist, CERT Program, the Software Engineering Institute, Carnegie Mellon University
Comments: This will be the first in a series of hearings focused on cyberspace, the Internet, and the challenges and opportunities that they present.
House Homeland Security Committee:
Wednesday, March 4, 2015 at 2:00 p.m. in 311 Cannon House Office Building – Hearing entitled “Industry Perspectives on the President’s Cybersecurity Information Sharing Proposal.” Subcommittee on Cybersecurity, Infrastructure Protection, and Security Technologies
Comments: Review and discussions of the President’s Cybersecurity initiative from the stakeholders.
Senate Banking Committee:
Tuesday, March 3, 2015 at 2:30 pm in 538 Dirksen Senate Office Building – Hearing entitled “Federal Reserve Accountability and Reform.” Full Committee
Dr. John B. Taylor, Mary and Robert Raymond Professor of Economics, Stanford University
Dr. Paul H. Kupiec, Resident Scholar, American Enterprise Institute;
Dr. Allan H. Meltzer, The Allan H. Meltzer University Professor of Political Economy, Tepper School of Business, Carnegie Mellon University;
Mr. Peter Conti-Brown, Academic Fellow, Stanford Law School’s Rock Center for Corporate Governance.
Comments: Discussion of possible legislation to audit and require more transparency for the Federal Reserve.
Senate Finance Committee:
Tuesday, March 3, 2015 at 9:00 A.M. in 215 Dirksen Senate Office Building – Hearing entitled “Fairness in Taxation” Full Committee
Dr. Lawrence B. Lindsey, President and CEO, the Lindsey Group, Fairfax, VA
Mr. Deroy Murdock, Journalist, Senior Fellow, Fox News Contributor, Atlas Network, New York, NY
Dr. Heather Boushey, Executive and Chief Economist, Washington Center for Equitable Growth, Washington, DC
Mr. Steven Rattner, Chairman, Willett Advisors LLC, New York, NY
Comments: Examination of the current tax structures and rates.