Full Committee Hearing

Oversight of Regulators: Does our Financial System Work for Everyone?

Date:   Tuesday, August 3, 2021 Time:   10:00 AM Location:   Dirksen Senate Office Building 538

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THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in EXECUTIVE SESSION to consider the following nominations: Mr. Damon Y. Smith, of Maryland, to be General Counsel, Department of Housing and Urban Development. Following the Executive Session, the Committee will meet in OPEN SESSION to conduct a hearing entitled, “Oversight of Regulators: Does our Financial System Work for Everyone?”  The witnesses will be: The Honorable Todd M. Harper, Chairman, National Credit Union Administration; The Honorable Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation; and Mr. Michael J. Hsu, Acting Comptroller, Office of the Comptroller of the Currency.

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)


  1. Mr. Damon Y. Smith
    General Counsel Designate
    Department of Housing and Urban Development
  2. The Honorable Todd M. Harper
    National Credit Union Administration
  3. The Honorable Jelena McWilliams
    Federal Deposit Insurance Corporation
  4. Mr. Michael J. Hsu
    Acting Comptroller
    Office of the Comptroller of the Currency