Regulators, including Hood, to testify Nov. 12

Diversity, accountability, and safety and soundness of financial institutions during the coronavirus crisis will be topics when federal financial institution regulators – including NCUA Board Chairman Rodney Hood — appear before the House Financial Services Committee Nov. 12, the committee chairman announced Tuesday.

In a press release, committee Chairwoman Maxine Waters said the hearing would be a virtual one – that is, all committee members and witnesses participate remotely with no in-person participation in the hearing room.

Past such hearings – including one held Dec. 4, 2019 by the committee – featured Hood, FDIC Chairman Jelena McWilliams, Federal Board Vice Chair for Supervision Randal Quarles, and (now former) Comptroller of the Currency Joseph M. Otting. Otting resigned his office in late May; he was replaced by Brian P. Brooks as acting comptroller.

The hearing is scheduled to get underway at noon ET.

Chairwoman Waters Announces November Hearing Schedule