Full Committee Hearing

Perspectives on Deposit Insurance Reform after Recent Bank Failures

Date:   Thursday, July 20, 2023 Time:   10:00 AM Location:   Dirksen Senate Office Building 538

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Topic

THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION, HYBRID FORMAT to conduct a hearing on “Perspectives on Deposit Insurance Reform after Recent Bank Failures.”  The witnesses will be: Ms. Emily DiVito, Sr. Program Manager for Corporate Power at the Roosevelt Institute; Mr. Thomas J. Fraser, CEO, First Mutual Holding Co.; and Mr. Andrew Olmem, Partner, Mayer Brown.

All hearings are webcast live and will not be available until the hearing starts. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.

Member Statements

  1. Chairman Sherrod Brown (D - Ohio)
  2. Ranking Member Tim Scott (R - South Carolina)

Witnesses

  1. Ms. Emily DiVito
    Sr. Program Manager for Corporate Power
    The Roosevelt Institute
  2. Mr. Thomas J. Fraser
    CEO
    First Mutual Holding Co.
  3. Mr. Andrew Olmem
    Partner
    Mayer Brown