Congress returns with CFPB, FINCEN, and fintech hearings

After a two-week recess, the House and Senate are both back in session this week.

Both the House Financial Services Committee and the Senate Committee on Banking, Housing, and Urban Affairs will hold hearings with Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra this week. CUNA will engage with both committees to express credit union priorities regarding the Bureau.

The Senate will resume consideration of Lael Brainard to be Vice Chairman of the Board of Governors of the Federal Reserve System for a term of four years.

The Senate Banking Committee will hold a markup to consider the nominations of Ventris C. Gibson, of Virginia, to be Director of the Mint, and Paul M. Rosen, of California, to be Assistant Secretary for Investment Security, both of the Department of the Treasury.


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