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Wednesday, June 19, 2013

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Senate Banking Hearing Scheduled with Top Banking Regulators

by Victoria Finkle

FEB 7, 2013 5:49pm ET

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WASHINGTON — The Senate Banking Committee has scheduled its first hearing of the year with a number of top banking regulators to discuss implementation of the Dodd-Frank reform law and other issues.

The hearing, scheduled for Thursday morning at 10:30, is titled "Wall Street Reform: Oversight of Financial Stability and Consumer and Investor Protections."

The lineup includes Mary Miller, undersecretary for domestic finance at the Treasury Department; Daniel Tarullo, a Federal Reserve Board governor; Martin Gruenberg, chairman of the Federal Deposit Insurance Corp.; Thomas Curry, comptroller of the currency; Richard Cordray, director of the Consumer Financial Protection Bureau; Elisse Walter, chairman of the Securities and Exchange Commission; and Gary Gensler, chairman of the Commodity Futures Trading Commission.

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Regulation & Reform

IN PICTURES

How to Bank the Underbanked: In Pictures

Bankers, nonprofit executives and others recently gathered to discuss how best to provide financial services to low-income and other underserved customers. Here is some of their advice about how to charge for prepaid cards and other products, how to create new ones and how to cope with increased regulatory scrutiny. (Image: Shutterstock)

Comments (3)

So, I'm probably in the minority on this site, but I think this is a good thing. Dodd-Frank will be difficult, but it is mostly positive for customers. I'm glad it is getting the backing needed to really make some headway. GLBA and SOX have always been a PITA, but I would argue it make banks better. No reason to believe that DF will be any different.

Posted by mweaklend | Friday, February 08 2013 at 12:14PM ET

Let's hope that next week's Senate banking meeting shows whether there really is appetite to reform Wall Street. www.MRVAssociates.com

Posted by Mayra Rodriguez Valladares, MRV Associates | Friday, February 08 2013 at 1:42PM ET

Well if only the Senate Banking Committee would hold a hearing like this!

http://www.americanbanker.com/bankthink/an-imaginary-house-banking-committee-hearing-1050773-1.html

Posted by Per Kurowski | Friday, February 08 2013 at 4:41PM ET

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