• Financial Committees Gear Up For 113th Congress
  • February 4, 2013 | Author: Alan Slomowitz
  • Law Firm: Greenberg Traurig, LLP - Washington Office
  • The House Financial Services and Senate Banking Committees are gearing up for a busy agenda during the 113th Congress. The Committees will hold hearings and possibly mark up legislation on a wide array of regulatory and policy issues affecting the financial services industry. This includes what may be the panels’ biggest issue — reform of the mortgage finance market, including the future of the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac — as well as proposed changes to the Dodd-Frank law, oversight of the Consumer Financial Protection Bureau (CFPB) and whether “too-big-to-fail” banks continue to pose a threat to the stability of the financial system.