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Financial Institutions Subcommittee

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    Student Loan Debt

    Education officials testified on the effects on the economy of high student loan interest rates and debt. The hearing followed Senator Sherrod Brown’s (D-OH) introduction of the Bank on…

    737 views
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    Consumer Credit Reports

    Witnesses testified on the accuracy and regulation of consumer credit reports. They discussed were the practices of credit reporting agencies, the low number of consumers who request their…

    714 views
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    Private Student Loans

    Witnesses testified about the student loan process and weaknesses in the manner loans had been administered under federal loan guarantee programs. Although private loans make up a small…

    223 views
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    Federal Support for Financial Institutions

    Witnesses testified about use of the “Volker rule” to stop federally insured banks from making speculative investments for their own profit. Mr. Volker testified that regulators must…

    224 views
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    Domestic Debt Financing

    Witnesses testified about the soundness of U.S. banks and financial institutions. Among the topics they addressed were regulation of financial markets, the levels of bank capitalization,…

    654 views