THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION, HYBRID FORMAT to conduct a hearing entitled “Oversight of Housing Regulators.” The witnesses will be: The Honorable Benjamin S. Carson, M.D., Secretary, U.S. Department of Housing and Urban Development; and The Honorable Mark A. Calabria, Ph.D., Director, Federal Housing Finance Agency.

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. 

THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet REMOTELY to conduct a hearing entitled “Implementation of Title IV of the CARES Act.”  The witnesses will be: Mr. Thomas Quaadman, Executive Vice President, U.S. Chamber, Center for Capital Markets Competitiveness; Dr. Douglas Holtz-Eakin, President, American Action Forum; and Dr. Heidi Shierholz, Senior Economist and Director of Policy, Economic Policy Institute. 

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. 

THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet REMOTELY to conduct a hearing entitled “Implementation of Title IV of the CARES Act.”  The witnesses will be: Mr. Thomas Quaadman, Executive Vice President, U.S. Chamber, Center for Capital Markets Competitiveness; Dr. Douglas Holtz-Eakin, President, American Action Forum; and Dr. Heidi Shierholz, Senior Economist and Director of Policy, Economic Policy Institute. 

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. 

Sandy Naffah in her apartment in Euclid, Ohio, with her dog, Shadow. Ms. Naffah is worried about eviction after losing two part-time jobs during the coronavirus pandemic.Credit...Maddie McGarvey for The New York Times

WASHINGTON, D.C. — U.S. Sen. Sherrod Brown (D-OH) – ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs – released the following statement after the Office of the Comptroller of the Currency (OCC) announced new rules on the Community Reinvestment Act (CRA). Federal Deposit Insurance Corporation (FDIC) did not join in the final rule and the proposed rule did not have the backing of the Federal Reserve Board of Governors. The CRA was enacted to address longstanding racial discrimination in our nation’s housing policies and in access to credit. Today’s rulemaking comes at a time when a public health crisis has exacerbated inequities in society, including housing.

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THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet REMOTELY to conduct a hearing entitled “The Quarterly CARES Act Report to Congress.”  The witnesses will be: The Honorable Steven T. Mnuchin, Secretary, Department of the Treasury; and The Honorable Jerome H. Powell, Chairman, Board of Governors of the Federal Reserve System.

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.