The committee will come to order. That chair is authorized to declare races of the committee at any time. This hearing is entitled, Holding Meghan banks accountable. Oversight of americas Largest Consumer facing banks. I recognize myself for four minutes to give an opening statement. Testifying before us today, we have the ceo of the seven largest u. S. Commercial breaks that each serve millions of consumers. Chairwoman of this committee, i prioritize connecting rigorous oversight over our nations largest banks and their activities. Last year for these mega banks that survived for us. Since then our motion continues, to battling ongoing epidemic. Inflation that is affecting every household budget, russias invasion of ukraine, raising Interest Rates another crisis. And better that economy. In this environment, the role of banks played to protect consumers and provide access to Affordable Credit is absolutely critical. Over the past several years that weve seen several symptoms of bankin
Week the New York Times emily flutter reports on the barriers that people of color face when interacting with the u. S. Financial Services Industry in her book the white wall, she is interviewed by Brookings Institution senior fellow andre perry. Watch afterwards every friday at 8 pm eastern, on cspan. Ceos from americas biggest bags testify before the House Financial Services committee on a regulatory and oversight matters in the banking industry. They also touch on Customer Data protection, and working with underserved, underbanks communities. The committee will come to order, without objection the chair is authorized to declare recess of the canadian anytime. This hearing is entitled holding mega banks accountable, oversight of americas Largest Consumer facing banks. I now recognize myself for four minutes to give an opening statement. Testifying before us today we have the ceos of the seven largest u. S. Commercial banks that each serve millions of consumers, as chairman of this co
Ceos from the countries six largest banks, including jane fraser of citigroup and Brian Moynihan from bank of america, testified before the House Financial Services committee on regulatory and oversight matters in the Banking Industry. They addressed several issues including the influence of chinese banks and the impacts of the pandemic. This is part one of a threepart hearing. This first portion of the hearing is two hours. The committee will come to order. Without objection the chair is authorized to declare a recess of the committee at any time. This hearing is entitled Holding Megabanks Accountable oversight of americas Largest Consumer facing banks. I now recognize myself for four minutes to give an opening statement. Testifying before us today we have the ceos of the seven largest u. S. Commercial banksre that each serve millions of consumers. As chairwoman of this committee i have t prioritized conducting rigorous oversight over our nations largest banks and their activities. La
That chair is authorized to declare races of the committee at any time. This hearing is entitled, Holding Meghan banks accountable. Oversight of americas Largest Consumer facing banks. I recognize myself for four minutes to give an opening statement. Testifying before us today, we have the ceo of the seven largest u. S. Commercial breaks that each serve millions of consumers. Chairwoman of this committee, i prioritize connecting rigorous oversight over our nations largest banks and their activities. Last year for these mega banks that survived for us. Since then our motion continues, to battling ongoing epidemic. Inflation that is affecting every household budget, russias invasion of ukraine, raising Interest Rates another crisis. And better that economy. In this environment, the role of banks played to protect consumers and provide access to Affordable Credit is absolutely critical. Over the past several years that weve seen several symptoms of banking across the country take a dramat
That chair is authorized to declare races of the committee at any time. This hearing is entitled, Holding Meghan banks accountable. Oversight of americas Largest Consumer facing banks. I recognize myself for four minutes to give an opening statement. Testifying before us today, we have the ceo of the seven largest u. S. Commercial breaks that each serve millions of consumers. Chairwoman of this committee, i prioritize connecting rigorous oversight over our nations largest banks and their activities. Last year for these mega banks that survived for us. Since then our motion continues, to battling ongoing epidemic. Inflation that is affecting every household budget, russias invasion of ukraine, raising Interest Rates another crisis. And better that economy. In this environment, the role of banks played to protect consumers and provide access to Affordable Credit is absolutely critical. Over the past several years that weve seen several symptoms of banking across the country take a dramat