Week ahead: CFPB, FHFA director nomination hearings, NCUA board meeting and more

The House and Senate are both in session this week in Washington D.C., with U.S. budget resolution debates expected to dominate the week.

The Senate Banking Committee is holding two important hearings this week. 

On Wednesday, the committee hosts a hearing on digital assets, "Exploring Bipartisan Legislative Frameworks for Digital Assets.” The hearing livestream begins at 2:30 p.m. Eastern on the Senate banking website.  

On Thursday, the committee will consider the nomination of William Pulte to be director of the Federal Housing Finance Agency (FHFA) and Jonathan McKernan to be director of the CFPB begins at 10 a.m., with a livestream available on the committee website. 

McKernan served as an FDIC board director until stepping down earlier this month. He has experience in banking and consumer financial laws, as well as serving in counsel and advisor roles on the Senate Banking Committee, FHFA, and Treasury Department.

Also on Thursday, the NCUA hosts a board meeting, the first led by new chairman Kyle Hauptman. The meeting will take place at 10 a.m. Eastern and will be livestreamed from the NCUA website.

The Government Accountability Office has extended the application deadline for those interested in participating in its study on cannabis banking to Friday. Those interested must sign up using this form by Friday to be eligible to participate.

Interested in this year’s America’s Credit Unions’ Governmental Affairs Conference but can’t make it to Washington D.C.? America’s Credit Unions offers the Virtual GAC experience. Sign up at this link to ensure access to the conference, including important conversations and critical insights shaping the credit union movement from wherever you are!
 

heelo