WASHINGTON—Both the House and Senate are back in session, setting the pace for what CUNA’s Ryan Donovan called a “pretty busy two-week period.”
On Wednesday, the House Committee on Financial Services will hold a hearing on “Preserving Consumer Choice and Financial Independence,” at which Patrick Miller, president/CEO of CBC FCU in Oxnard, Calif., will be testifying on behalf of CUNA. That hearing is expected to focus on regulatory relief.
“We expect it to be a prelude to the committee’s actions somewhere in the future,” said Donovan, SVP-legislative affairs. Both CUNA and NAFCU have provided regulatory relief proposals to the committee.
Also on Wednesday the House Energy and Commerce Committee will hold a hearing on the Data Security and Breach Notification Act of 2015, while the Senate Judiciary Committee will hold a hearing on “The Impact of Abusive Patent Litigation Practices on the American Economy.”
On Thursday, the U.S. Senate committee on Homeland Security and Governmental Affairs will hold a hearing on “Federal Rulemaking Challenges and Areas of Improvement Within the Existing Regulatory Process.”