The U.S. House Financial Services Subcommittee on Oversight and Investigations will hold a hearing, “Holding the Biden Administration Accountable for Wasteful Spending and Regulatory Oversight,” on March 8 at 2 pm ET. The hearing will discuss the oversight and regulation of pandemic relief programs codified through the “CARES Act” and “American Rescue Plan Act.” The hearing will also examine the performance of the Federal Reserve System, the Consumer Financial Protection Bureau, the U.S. Department of the Treasury, and the Securities and Exchange Commission as regulators of the financial services industry.
Witnesses will include Mark Bialek, inspector general for the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau; Richard Delmar, deputy inspector general of the U.S. Department of the Treasury; and Rebecca Sharek, deputy inspector general for audits and evaluations of the U.S. Securities and Exchange Commission.
The hearing will be broadcast live at: https://financialservices.house.gov/live/