The Senate Committee on Banking, Housing, and Urban Affairs will hold a hearing tomorrow on “Wall Street Reform: Assessing and Enhancing the Financial Regulatory System.”
The list of witnesses includes CFPB Director Richard Cordray. He is likely to be questioned about upcoming CFPB initiatives, including the proposed larger participant rule for auto finance that the CFPB is expected to release next week in conjunction with its September 18 field hearing on auto finance. On September 30, we will be holding a webinar entitled
“Auto Finance I: How the CFPB’s Larger Participant Rule for the Auto Finance Market Will Change the Game for Nonbank Auto Finance Companies.” The registration form is available here.
The other listed witnesses are: Daniel K. Tarullo, Fed Governor, Martin J. Gruenberg, FDIC Chair, Thomas J. Curry, Comptroller of the Currency, Mary Jo White, SEC Chair, and Timothy G. Massad, CFTC Chair.