Regulators will return from holiday to sit in hot seats at Capitol Hill hearings

Appearances before the Senate and House oversight committees will be on the agendas after the Thanksgiving holiday for federal financial institution regulators as both panels are planning hearings the first week of December.

The Senate Banking Committee has scheduled its oversight hearing with the regulators Dec. 5 at 10 a.m. Scheduled to testify (so far) are Federal Reserve Board Vice Chair Randal Quarles, Federal Deposit Insurance Corp. (FDIC) Chairman Jelena McWilliams, and National Credit Union Administration (NCUA) Board Chairman Rodney Hood.

The House Financial Services Committee will host its hearing Dec. 4 (at 10 a.m.). No witness list has yet been released for this hearing, titled “Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions?”

The next day, the House panel will hold another hearing (also at 10 a.m.) probing deregulation by regulators. The hearing is titled “Promoting Financial Stability? Reviewing the Administration’s Deregulatory Approach to Financial Stability.” No witness list has been released for that event either.

Chairwoman Waters Announces December Committee Schedule

Senate Banking Committee Oversight of Financial Regulators