The Subcommittee on Consumer Protection and Financial Institutions of the House Financial Services Committee has scheduled a hearing entitled “An Examination of Regulators’ Efforts to Preserve and Promote Minority Depository Institutions” on November 20, 2019.  In its first hearing on minority depository institutions, the Subcommittee examined the unique challenges facing MDIs and the communities they serve.  This hearing will focus on the prudential regulators that oversee MDIs.

The scheduled witnesses include:

• Beverly Cole, OCC Deputy Comptroller for the Northeastern District and Designated Federal Officer for the Minority Depository Institutions Advisory Committee
• Betty Rudolph, FDIC National Director for MDIs and CDFIs
• Arthur W. Lindo, Federal Reserve Board Deputy Director, Division of Supervision and Regulation
• Martha Ninichuk, NCUA Director of the Office of Credit Union Resources and Expansion

Click here for the Committee Memorandum.