FINANCIAL SERVICES WEEK AHEAD JAN 29 to FEB 2
House of Representatives:
Legislation Considered Under Suspension of the Rules:
H.R. 1457 – To establish requirements for use of a driver’s license or personal identification card by certain financial institutions for opening an account or obtaining a financial product or service, and for other purposes, as amended (Sponsored by Rep. Scott Tipton / Financial Services Committee)
H.R. 1426 – Federal Savings Association Charter Flexibility Act of 2017 (Sponsored by Rep. Keith Rothfus / Financial Services Committee)
H.R. 2255 – To clarify that nonprofit organizations may accept donated mortgage appraisals, and for other purposes, as amended (Sponsored by Rep. Dave Trott / Financial Services Committee)
H.R. 4292 – Financial Institution Living Will Improvement Act of 2017 (Sponsored by Rep. Lee Zeldin / Financial Services Committee)
H.R. 4792 – Small Business Access to Capital After a Natural Disaster Act (Sponsored by Rep. Nydia Velázquez / Financial Services Committee)
At approximately 8:35 p.m. a Joint Session of Congress to receive the President’s Address.
House Amendment to Senate Amendment to H.R. 695 – Department of Defense Appropriations Act, 2018 (Subject to a Rule) (Sponsored by Rep. Kay Granger / Appropriations Committee)
2018 Republican Congressional Retreat
The Greenbrier Resort from January 31 – February 2, 2018.
- S. Senators and members of the House of Representatives will meet to plan the legislative strategy for the upcoming year.
HOUSE FINANCIAL SERVICES COMMITTEE:
Hearing entitled “Examining Opportunities and Challenges in the Financial Technology (“Fintech”) Marketplace”
Tuesday, January 30, 2018 10:00 AM in 2128 Rayburn HOB
Financial Institutions and Consumer Credit
Click here for the Committee Memorandum.
Mr. Nathaniel Hoopes, Executive Director, Marketplace Lending Association
Mr. Brian Knight, Director, Program on Financial Regulation and Senior Research Fellow, Mercatus Center, George Mason University
Mr. Brian Peters, Executive Director, Financial Innovation Now
Mr. Andrew Smith, Partner, Covington and Burling, LLP
Prof. Adam J. Levitin, Professor of Law, Georgetown University Law Center
Hearing entitled “Following the Money: How Human Traffickers Exploit U.S. Financial Markets”
Tuesday, January 30, 2018 2:00 PM in 2128 Rayburn HOB
Oversight and Investigations
Click here for the Committee Memorandum.
Mr. Bassem Banafa, Financial Forensics Consultant, Bassem Banafa, LLC
Dr. Louise I. Shelley, Founder and Director, Terrorism, Transnational Crime and Corruption Center, George Mason University
The Honorable Cyrus R. Vance Jr., District Attorney, New York County, District Attorney’s Office
Ms. Tina Frundt, Founder and Director, Courtney’s House
HOUSE SMALL BUSINESS COMMITTEE:
Small Business Information Sharing: Combating Foreign Cyber Threats
Room 2360 of the Rayburn House Office Building.
As the Committee has learned in past hearings, some foreign backed firms have taken steps to expose small businesses’ information technology systems as a means of infiltrating America’s critical infrastructure and weakening our national security. A key component in combating these cybersecurity vulnerabilities is strengthening the federal government’s engagement with private sector. At the hearing, Members will discuss H.R. 4668, the Small Business Advanced Cybersecurity Enhancements Act of 2017, and examine how federal agencies are facilitating greater information sharing with small businesses that are vulnerable to foreign backed cyber attacks.
Mr. Howard Marshall, Deputy Assistant Director, Cyber Division, Federal Bureau of Investigation
Mr. Richard Driggers, Deputy Assistant Secretary, Office of Cybersecurity and Communications, National Protection and Programs Directorate, United States Department of Homeland Security
HOUES WAYS AND MEANS COMMITTEE:
Member Day Hearing on Legislation to Improve Tax Administration
1100 Longworth House Office Building
Oral testimony at this hearing will be limited to Members of Congress who have either introduced or co-sponsored legislation related to improving the IRS.
Any individual or organization not scheduled for an oral appearance may submit a written statement for consideration by the Committee and for inclusion in the printed record of the hearing.
HOUSE BUDGET COMMITTEE:
CBO Oversight: Organizational and Operational Structure
1334 Longworth House Office Building
The Honorable Keith Hall, Director, Congressional Budget Office
This first of five hearings will explore CBO’s statutory history, general duties and responsibilities.
Hearings in the series will include:
- CBO Oversight: Organizational and Operational Structure
- CBO Oversight: Economic Assumptions, Baseline Construction, Cost Estimating, and Scoring
- CBO Oversight: The Role of Behavioral Modeling in Scoring and Baseline Construction
- CBO Oversight: Member Day
- CBO Oversight: Perspectives from Outside Experts
SENATE BANKING COMMITTEE:
Full Committee Hearing: “The Financial Stability Oversight Council Annual Report to Congress.”
538 Dirksen Senate Office Building
The Honorable Steven T. Mnuchin, Secretary, United States Department of the Treasury.
Bipartisan Policy Center
“How Can the Financial System Better Serve Main Street?” Featuring: Sen. Jeanne Shaheen (D-N.H.); Rep. Blaine Luetkemeyer (R-Mo.).
CFTC Market Risk Advisory Committee Meeting
Federal Open Market Committee
The Federal Open Market Committee holds a closed meeting, beginning at 9 a.m. The FOMC is the policy-making arm of the Federal Reserve.