Regulators to Testify before Congress

The Senate Banking Committee on Wednesday, and the House Financial Services committee on Thursday, will hear testimony from OCC Comptroller of the Currency Joseph Otting, Federal Reserve Vice Chairman for Supervision Randal Quarles, FDIC Chairman Jelena McWilliams and NCUA Chairman Rodney Hood.

Meanwhile, the House Financial Services Committee will meet on Wednesday for separate hearings on worker protections and the use of sanctions to address national security and foreign policy challenges. On Thursday, the House Committee on Oversight and Reform will meet to examine CFPB's proposed rule on small-dollar lending.