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Oversight and Investigations Subcommittee Hearing
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Preserving and Expanding Minority Banks
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Tuesday, October 30, 2007, 10:00 a.m., 2128 Rayburn House Office Building
Oversight and Investigations
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| Click Here To View Archived Webcast |
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Oversight and Investigations Subcommittee to Hold Hearing on Preserving and Expanding Minority Banks
WASHINGTON, DC— U.S. Representative Melvin L. Watt (D-NC), Chairman of the Subcommittee on Oversight and Investigations, today announced the first in a series of hearings focusing on the role of women and minorities in the financial services industry. This hearing will focus on the role of minority-owned financial institutions in the U.S. economy and examine the roles and responsibilities of the federal government in preserving and expanding minority-owned financial institutions.
Congressman Watt said, “This hearing will highlight the important, but often overlooked, role that minority banks play in the economy. I look forward to hearing from federal regulators and from minority-owned banks about best practices for preserving and expanding this important segment of the financial services industry.”
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Witness List & Prepared Testimony:
- Mr. George Scott, Director, Education, Workforce & Income Security Issues, U.S. Government Accountability Office (GAO)
- Ms. Sandra L. Thompson, Director, Division of Supervision and Consumer Protection, Federal Deposit Insurance Corporation (FDIC)
- Ms. Montrice Yakimov, Managing Director, Compliance and Consumer Protection, Office of Thrift Supervision (OTS)
- Ms. Sandra F. Braunstein, Director, Division of Consumer and Community Affairs, Board of Governors of the Federal Reserve System
- Mr. John Walsh, Chief of Staff and Public Affairs, Office of Comptroller of the Currency (OCC)
- Mr. Robert P. Cooper, Senior Counsel, One United Bank, on behalf of National Bankers Association
- Ms. Kim D. Saunders, President & CEO, Mechanics & Farmers Bank
Available Member Statements: Chairman Watt
Printed Hearing: 110-78
Related Documents:
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