The House Committee on Financial Services has posted its calendar for the month of June. Of interest is a hearing scheduled by the Task Force on Financial Technology (Fintech) addressing the topic of “Tech Bro Culture.”
Entitled “Combatting Tech Bro Culture: Understanding Obstacles to Investments in Diverse-Owned Fintechs,” it is not entirely clear what the Fintech Task Force aims to address. Tech Bro culture has emerged as a derogative term for early-stage as well as larger ventures that tend to employ younger managers. The Tech Bro culture can devolve into a frat-like environment which can be toxic to female employees – as well as others. Some really big tech firms have been hit with allegations of a toxic work environment. Once the hearing memo is our, and the list of individuals that will testify, we will know more…
As for the rest of the schedule during June – the agenda, which is subject to change, is available below.
- Tuesday, June 14 at 10:00 AM ET (and subsequent days if necessary): The full Committee will convene for a hybrid markup.
- Wednesday, June 22 at 10:00 AM ET: The Subcommittee on Consumer Protection and Financial Institutions will convene for a hybrid hearing entitled, “Better, Together: Examining the Unified Proposed Rule to Modernize the Community Reinvestment Act.”
- Thursday, June 23 at 10:00 AM ET: The full Committee will convene for a hybrid hearing entitled, “Monetary Policy and the State of the Economy.”
- Tuesday, June 28 at 12:00 PM ET: The Subcommittee on Oversight and Investigations will convene for a virtual hearing entitled, “Where Have All the Houses Gone? Private Equity, Single Family Rentals, and America’s Neighborhoods.”
- Wednesday, June 29 at 12:00 PM ET: The full Committee will convene for a virtual hearing entitled, “Boom and Bust: Inequality, Homeownership, and the Long-Term Impacts of the Hot Housing Market.”
- Thursday, June 30 at 12:00 PM ET: The Task Force on Financial Technology will convene for a virtual hearing entitled, “Combatting Tech Bro Culture: Understanding Obstacles to Investments in Diverse-Owned Fintechs.”
