Subcommittee Hearing

The Role that Community Development Financial Institutions and Minority Depository Institutions Serve in Supporting Communities

Financial Institutions and Consumer Protection Date:   Wednesday, February 9, 2022 Time:   02:30 PM Location:   Dirksen Senate Office Building 538

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Topic

COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS SUBCOMMITTEE ON FINANCIAL INSTITUTIONS AND CONSUMER PROTECTION will meet in OPEN SESSION, HYBRID FORMAT to conduct a hearing entitled, “The Role that Community Development Financial Institutions and Minority Depository Institutions Serve in Supporting Communities."  The witnesses will be: Mr. Robert James II, President & CEO, Carver Financial Corporation, Savannah, GA, Chairman, National Bankers Association; Ms. Jeanne Kucey, President & CEO, JetStream Federal Credit Union, Miami Lakes, FL, on behalf of the National Association of Federally-Insured Credit Unions; Mr. Joel Griffith, Research Fellow, Financial Regulations, Heritage Foundation.

Pursuant to guidance from the CDC and OAP, Senate office buildings are not open to the public other than official business visitors and credentialed press at this time. Accordingly, in-person visitors cannot be accommodated at this briefing. We encourage the public to utilize the Committee’s livestream of the hearing, available on the website at http://www.banking.senate.gov.

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. Raphael Warnock (D - Georgia)
  2. Thom Tillis (R - North Carolina)

Witnesses

  1. Mr. Robert James II
    President & CEO; Chairman
    Carver Financial Corporation and National Bankers Association
  2. Ms. Jeanne Kucey
    President & CEO
    JetStream Federal Credit Union, Miami Lakes, FL, on behalf of the National Association of Federally-Insured Credit Unions
  3. Mr. Joel Griffith
    Research Fellow, Financial Regulations
    Heritage Foundation