Senate Banking sets hearing with bank, credit union regulators next Tuesday

A May 12 hearing, held remotely and webcast live, on federal bank and credit union supervision is slated by the Senate Banking Committee, which plans to take testimony from the Federal Deposit Insurance Corp. (FDIC), Federal Reserve Board, National Credit Union Administration (NCUA), and Office of the Comptroller of the Currency (OCC).

Witnesses for the May 12 hearing, “Oversight of Financial Regulators,” are:

  • Randal K. Quarles, Fed Board Vice Chairman for Supervision;
  • Joseph Otting, Comptroller, OCC;
  • Jelena McWilliams, FDIC Chairman; and
  • Rodney E. Hood, NCUA Chairman.

The May 12 hearing is set to begin at 10 a.m. ET. A similar hearing could be slated soon by the House Financial Services Committee.

May 12 financial regulator oversight hearing

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