CUNA Engaged with Data Privacy, CDFI, Diversity Hearings this Week

CUNA wwas engaged with a variety of hearings in both chambers of Congress this week, including ones on data privacy and diversity in financial services. The Senate Banking Committee met in executive session to vote on NCUA board nominees Rodney Hood and Todd Harper, and nominee for director of the Federal Housing Finance Administration Mark Calabria (see related story).

Other hearings CUNA was engaged with this week included:

Tuesday:

  • Senate Banking Committee hearing, “The Semiannual Monetary Policy Report to the Congress” (10 a.m.);
  • House Financial Services Committee hearing, “Who’s Keeping Score? Holding Credit Bureaus Accountable and Repairing a Broken System” (10 a.m.);
  • House Energy subcommittee on consumer protection and commerce hearing, “Protecting Consumer Privacy in the Era of Big Data” (10 a.m.); and
  • House Appropriations subcommittee on financial services and general government hearing, “Leveraging Private Capital for Underserved Communities and Individuals: A Look Into Community Development Financial Institutions” (10 a.m.).

Wednesday:

  • House Financial Services Committee hearing, “Monetary Policy and the State of the Economy” (10 a.m.);
  • Senate Commerce, Science and Transportation Committee hearing, “Policy Principles for a Federal Data Privacy Framework in the United States” (10 a.m.); and
  • House Financial Services subcommittee on diversity and inclusion hearing, “Diversity Trends in the Financial Services Industry” (2 p.m.).

In addition, the Senate Banking Committee will conduct a hearing Thursday (10 a.m.) entitled “Legislative Proposals on Capital Formation and Corporate Governance.”