WASHINGTON–Both the House and Senate are back in session this week, and while there are several hearings of interest to credit unions, far larger national issues are likely to dominate what time remains in the current Congress.
A primary issue: funding the government, with the current temporary continuing resolution expiring at midnight on Dec. 21. Both houses of Congress may also consider a farm bill and potential tax legislation.
Among the hearings of interest to credit unions:
- Today, there will be a full Financial Services Committee hearing on oversight of the Securities & Exchange Commission
- Today, there will be a House Judiciary Committee hearing on Transparency & Accountability: Examining Google and its Data Collection, Use and Filtering Practices
- Also today, the House Committee on Financial Services will hold a hearing, “Assessing the Impact of FASB’s Current Expected Credit Losses” (CECL) Accounting Standard on Financial Institutions & the Economy”
- On Wednesday, the House Financial Services Committee will hold a hearing on “Evaluating the Effectiveness of International Financial Institutions”
- On Wednesday, the FCC will hold a hearing on issues related to the TCPA, including robo-calls