This week: House out, CFPB field hearing eyes checking accounts

The blizzard that struck the East Coast over the past weekend has led the House to postpone its return for another week, but NAFCU will continue to meet with congressional staff on issues important to credit unions and will monitor a CFPB field hearing on checking accounts.

The Senate, so far still expected to come in tomorrow, has postponed all votes until at least Wednesday.

A number of hearings have been postponed, including one slated by the House Financial Services Committee’s Task Force to Investigate Terrorism Financing to address trade-based money laundering; and another by the House Judiciary Subcommittee on Regulatory Reform, Commercial and Antitrust Law on the impact of federal regulations on American jobs, wages and startups. Both of these have been postponed until further notice.

House Ways and Means Committee Chairman Kevin Brady, R-Texas, last week postponed the committee’s first hearing of the year until Feb. 2. The hearing, which was originally to have been held this week, will focus on pro-growth policies.

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