Subcommittee Hearing

Bank Mergers and the Economic Impacts of Consolidation

Economic Policy Date:   Wednesday, July 12, 2023 Time:   02:30 PM Location:   Dirksen Senate Office Building 538

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Topic

COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS SUBCOMMITTEE ON ECONOMIC POLICY will meet in OPEN SESSION, HYBRID FORMAT to conduct a hearing on “Bank Mergers and the Economic Impacts of Consolidation.”  The witnesses will be: Ms. Morgan Harper, Director of Policy and Advocacy, American Economic Liberties Project; The Honorable Michael Faulkender, PhD, Dean's Professor of Finance, University of Maryland and Chief Economist, America First Policy Institute; and Ms. Alexa Philo, Senior Policy Analyst, Americans for Financial Reform.

All hearings are webcast live and will not be available until the hearing starts. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.

Member Statements

  1. Elizabeth Warren (D - MA)

Witnesses

  1. Ms. Morgan Harper
    Director of Policy and Advocacy
    American Economic Liberties Project
  2. The Honorable Michael Faulkender, PhD
    Dean's Professor of Finance and Chief Economist
    University of Maryland and America First Policy Institute
  3. Ms. Alexa Philo
    Senior Policy Analyst
    Americans for Financial Reform