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Saturday, May 4, 2024

House Financial Services Committee to Hold Hearing on Dangers of Ceding Authority Over American Financial Regulation

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Mark Green - the Chairman of the House Committee on Homeland Security | Official U.S. House headshot

Mark Green - the Chairman of the House Committee on Homeland Security | Official U.S. House headshot

The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), has announced a hearing titled "Importing Global Governance: Examining the Dangers of Ceding Authority Over American Financial Regulation." The hearing is scheduled to take place on Thursday, March 21, 2024, at 10:00 AM ET in the 2128 Rayburn House Office Building.

According to the announcement, the hearing will focus on the potential risks associated with relinquishing control over American financial regulation to global entities. McHenry emphasized the importance of understanding and addressing these dangers in the realm of financial governance.

Additional information about the hearing, including the livestream, committee memo, relevant legislation, and witness list, can be found on the committee's website and will be updated as the hearing date approaches.

This hearing serves as a platform for experts and stakeholders to discuss and examine the implications of global governance on American financial regulation, shedding light on a critical issue in the financial sector.

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