The House and Senate banking panels are holding several hearings this week, including Consumer Financial Protection Bureau officials discussing the private student loan market and a planned look at "too big to fail" regulations.
The week starts off with the Senate Banking Committee meeting with officials from the CFPB, the Office of the Comptroller of the Currency, the Federal Reserve Board and the Federal Deposit Insurance Corp. on Tuesday. The hearing will allow officials to discuss the CFPB's recent request for lenders to modify student loan debt.
The House Financial Services Committee will continue to dissect the Dodd-Frank Act's provisions for winding down failing financial institutions at a hearing on Wednesday. Sheila Bair, chairwoman of the Systemic Risk Council at the Pew Charitable Trusts and FDIC Vice Chairman Thomas Hoenig will be in attendance among many other lawmakers and regulators who will discuss their concerns over whether some institutions remain "too big to fail."
For the full piece see "Hill Moves into Overdrive Ahead of July 4th Break" (may require subscription).