news.cuna.org/articles/122484-bank-collapse-digital-assets-cannabis-banking-hearings-this-week
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Bank collapse, digital assets, cannabis banking hearings this week

May 8, 2023

The House and Senate are both in Washington, D.C., this week, with the House expected to consider immigration and fraud legislation, and the Senate to resume consideration of nominees.

CUNA will be engaged with several hearings throughout the week. A complete list can be found on CUNA’s Removing Barriers Blog.

These include:

  • Wednesday, 9:30 a.m. ET: House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion joint hearing with House Agriculture Subcommittee on Commodity Markets, Digital Assets, and Rural Development, “The Future of Digital Assets: Measuring the Regulatory Gaps in the Digital Asset Markets.”
  • Wednesday, 10 a.m. ET: House Small Business Committee hearing, “Taking on More Risk: Examining the SBA'S Change to the 7(a) Lending Program Part I.”
  • Wednesday, 10 a.m. ET: House Energy and Commerce Subcommittee on Environment, Manufacturing, and Critical Materials hearing, “Fiscal Year 2024 Environmental Protection Agency Budget Request.”
  • Wednesday, 2 p.m. ET: House Financial Services Subcommittee on Financial Institutions and Monetary Policy hearing, “Federal Responses to Recent Bank Failures.”
  • Thursday, 9:45 a.m. ET, Senate Banking, Housing and Urban Affairs Committee hearing, “Examining Cannabis Banking Challenges of Small Businesses and Workers.”
  • Thursday, 10 a.m. ET: House Financial Services Subcommittee on Oversight and Investigations hearing, “Oversight of Silicon Valley Bank and Signature Bank: GAO's Preliminary Review.”
  • Friday, 8:30 a.m. ET: House Armed Services Subcommittee on Readiness markup of the FY2024 National Defense Authorization Act for Fiscal Year 2024.”