Full Committee Hearing

New Consumer Financial Products and the Impacts to Workers

Date:   Tuesday, September 13, 2022 Time:   10:00 AM Location:   Dirksen Senate Office Building 538

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Topic

THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION, HYBRID FORMAT to conduct a hearing on “New Consumer Financial Products and the Impacts to Workers.” The witnesses will be: Ms. Rachel Gittleman, Financial Services Outreach Manager, Consumer Federation of America; Ms. Penny Lee, CEO, Financial Technology Association; Professor Todd J. Zywicki, George Mason University Foundation Professor of Law at George Mason University Antonin Scalia School of Law; and Mr. David H. Seligman, Executive Director, Towards Justice.

Pursuant to guidance from the CDC and OAP, Senate office buildings are not open to the public other than official business visitors and credentialed press at this time. Accordingly, in-person visitors cannot be accommodated at this briefing. We encourage the public to utilize the Committee’s livestream of the hearing, available on the website at http://www.banking.senate.gov.

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. Chairman Sherrod Brown (D - OH)
  2. Ranking Member Patrick J. Toomey (R - PA)

Witnesses

  1. Ms. Rachel Gittleman
    Financial Services Outreach Manager
    Consumer Federation of America
  2. Ms. Penny Lee
    CEO
    Financial Technology Association
  3. Professor Todd J. Zywicki
    George Mason University Foundation Professor of Law
    George Mason University Antonin Scalia School of Law
  4. Mr. David H. Seligman
    Executive Director
    Towards Justice