The House Committee on Financial Services has distributed its calendar of hearings for the month of April. While subject to change, there are several topics of interest that may involve the Fintech sector.
On April 27, the Committee will engage with the Consumer Financial Protection Bureau (CFPB) for its semi-annual review. Topics that may be covered could be the BNPL sector, peer to peer lending, and various topics impacting the banking industry.
On April 28, the Committee will hold a hearing on FINCEN – a session that will most certainly discuss crypto-assets and the potential for illicit activities. On the same day, the Fintech Task Force will review mobile banking and payments.
We must mention that the Secretary of the Treasury is scheduled to make an appearance on April 6 to address the “international financial system.
Each of these hearings will be live-streamed on the Committee’s website.
The complete agenda for April is below.
Tuesday, April 5 at 2:00 PM ET: The Subcommittee on Oversight and Investigations will convene for a hybrid hearing entitled, “An Enduring Legacy: The Role of Financial Institutions in the Horrors of Slavery and the Need for Atonement.”
Wednesday, April 6 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System.”
Wednesday, April 20 at 12:00 PM ET: The Subcommittee on Housing, Community Development and Insurance will convene in the Bronx, New York for a hybrid field hearing entitled, “A Matter of Life and Death: Improving Fire Safety in Federally Assisted Housing.”
Wednesday, April 27 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “Consumers First: Semi-Annual Report of the Consumer Financial Protection Bureau.”
Thursday, April 28 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “Oversight of the Financial Crimes Enforcement Network.”
Thursday, April 28 at 2:00 PM ET: The Task Force on Financial Technology will convene for a hybrid hearing entitled, “What’s in Your Digital Wallet? A Review of Recent Trends to Mobile Banking and Payments.”