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GSEs, Wells, Equifax in Focus This Week

Oct 03, 2017
A busy week on Capitol Hill starts today with testimony from Federal Housing Finance Agency Director Mel Watt before the House Financial Services Committee. Also today, Wells Fargo CEO Tim Sloan is scheduled to testify before the Senate Banking Committee on the year since the megabank’s phony accounts scandal broke.

Meanwhile, former Equifax CEO Rick Smith kicks off three days of congressional appearances with today’s testimony before the House Energy and Commerce Committee. He is scheduled to testify tomorrow before the Senate Banking Committee and a Senate Judiciary subcommittee, followed by the House Financial Services Committee on Thursday. SEC Chairman Jay Clayton testifies before House FSC tomorrow following his agency’s data breach.

On Wednesday and Thursday, the Federal Reserve and the Conference of State Bank Supervisors are hosting their fifth annual Community Banking in the 21st Century research and policy conference at the Federal Reserve Bank of St. Louis.
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