The House and Senate are back in session this week and will consider various legislation. The Senate Banking, Housing, and Urban Affairs Committee will conduct a nomination hearing on Sandra Thompson to be Director of the Federal Housing Finance Agency Thursday.

Thompson has served as FHFA acting director since June. President Joe Biden nominated her to serve as director in December. CUNA has met with Thompson repeatedly on credit union housing finance priorities, but does not take a position on presidential nominations.

Other hearings CUNA is engaged with this week include:

• Thursday, 9:30 a.m. ET: Senate Special Committee on Aging hearing, “Financial Literacy: Addressing the Unique Just-in-Time Decisions Older Americans and People with Disabilities Face.”
• Thursday, 10 a.m. ET: Senate Banking, Housing, and Urban Affairs Committee nomination hearing on Jerome Powell to be chairman and Lael Brainard to be vice chairman of the Federal Reserve Board of Governors.