NCUA Chair Hood to Testify this Week, TRACED Act Up in House

Both chambers of Congress are in session this week with NCUA Chairman Rodney Hood testifying before House and Senate committees. 

Hood will join Federal Reserve Vice Chairman of Supervision Randal Quarles and FDIC Chair Jelena McWilliams as part of federal regulators’ semi-annual testimony before financial committees in both chambers. They will testify before the House Financial Services Committee Wednesday at 10 a.m. and before the Senate Banking Committee Thursday at 10 a.m.

The hearings will be live-streamed on the respective committee’s website.

The House is expected to consider the Telephone Robocall Abuse Criminal Enforcement and Deterrence, or TRACED Act (S.151), a bill designed to combat robocall abuse. 

Other hearings this week include:

  • Wednesday (10 a.m.): Senate Commerce, Science and Transportation Committee hearing, “Examining Legislative Proposals to Protect Consumer Data Privacy;”
  • Thursday (10 a.m.): House Financial Services Committee hearing, “Promoting Financial Stability? Reviewing the Administration’s Deregulatory Approach to Financial Stability,”
  • Thursday (2 p.m.): House Financial Services subcommittee on housing, community development and insurance hearing, “An examination of the Federal Housing Administration and its impact on Homeownership in America,”
  • Friday (9:30 a.m.): House Financial Services Committee Task Force on Artificial Intelligence hearing, “Robots on Wall Street: The Impact of AI on Capital Markets and Jobs in the Financial Services Industry.”