There was a lot going on this month—from key nominations and appointments to House and Senate hearings, including as noted earlier, testimony by Dennis Kelleher before the House Financial Services Committee hearing on GameStop.
We’ve listed a few of the other highlights of interest to our work at Better Markets below:
- The Senate Banking Committee voted 14-10 on March 10 to advance Gary Gensler’s nomination as SEC chair to the full Senate. It’s scheduled to vote March 25.
- The Senate Banking Committee also advanced the nomination of CFPB Director nominee, Rohit Chopra, along a partisan 12-12 vote.
Hearings of Interest:
- Virtual Hearing – Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide, Part II (House Financial Services Committee Hearing with Better Markets’ Dennis Kelleher as one of seven witnesses, see story above)
- Wall Street vs. Workers: How the Financial System Hurts Workers and Widens the Racial Wealth Gap (Senate Banking Committee)
- Who Wins on Wall Street Who Wins on Wall Street? GameStop, Robinhood, and the State of Retail Investing (Senate Banking Committee)
- 21st Century Economy: Protecting the Financial System from Risks Associated with Climate Change (Senate Banking Committee)
- Virtual Hearing – Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response (House Financial Services Committee Hearing)
- The Quarterly CARES Act Report to Congress
- Virtual Hearing – Justice for All: Achieving Racial Equity Through Fair Access to Housing and Financial Services