House, Senate committee hearings underway this week

The House and Senate’s banking committees this week are scheduled to host their first hearings of the 118th Congress.

House: The House Financial Services Committee has a full committee hearing tomorrow on the economic threat from China, followed by subcommittee hearings Wednesday on revamping and revitalizing banking in the 21st century, the accredited investor definition, and removing barriers to capital access for small businesses.

Senate: The Senate Banking Committee is scheduled to meet Thursday on the state of housing. It is slated to meet again on Tuesday, Feb. 14, on the crypto crash and the need for financial system safeguards for digital assets.