Week of April 24, 2017
· This
week, both the U.S. House and U.S. Senate are in session for legislative
business. While neither chamber is expected to consider student financial
aid-related legislation, Congress is expected to consider a Continuing
Resolution to temporarily extend the funding for federal agencies which expires
on Friday; failure to do so would result in a shutdown of the federal
government.
· Today
is the deadline to submit public comments on the
Consumer Financial Protection Bureau’s (CFPB) proposed information collection
on “Student Loan Servicing Market Monitoring.” To submit comments, visit the CFPB website.
·
Today at 1:00 p.m., the Federal Communications Commission’s (FCC)
Consumer and Governmental Affairs Bureau hosts a consumer information webinar.
The free webinar will provide information about the FCC’s online Consumer Help
Center (CHC), which has several consumer education features that allow
consumers to search for consumer guides, access the Consumer Complaint Center,
and view complaint data via the Consumer Data Center. This webinar will provide
detailed information about the CHC’s features and give instructions on how to
navigate each section.
·
On Tuesday starting at 3:00 p.m., the CFPB holds a meeting of its
Community Bank Advisory Council to discuss the Bureau’s requests for
information on alternative data and consumer access to financial records.
During the event, attendees will hear from David Silberman, Acting
Deputy Director, CFPB; Shiri Wolf, Counsel, Regulations, CFPB; Albert
Chang, Counsel, Fair Lending and Equal Opportunity, CFPB; Will Wade-Gery,
Assistant Director, Card, Payment, and Deposit Markets, CFBP, and Stephen
Shin, Managing Counsel, Regulations, CFPB.
·
On Wednesday at 10:00 a.m., the House Financial Services
Committee holds a hearing entitled, “A Legislative Proposal to Create Hope and Opportunity for
Investors, Consumers, and Entrepreneurs.” The hearing will address
the most recent version of the Financial CHOICE Act, which would overhaul
the Dodd–Frank Wall Street Reform and Consumer Protection Act
of 2010. Witnesses include: John Allison, Former President and
Chief Executive Officer, Cato Institute; Dr. Norbert Michel, Senior
Research Fellow, Financial Regulations and Monetary Policy, Institute for
Economic Freedom and Opportunity, The Heritage Foundation; Hester Peirce,
Director of Financial Markets Working Group and Senior Research Fellow,
Mercatus Center; Alex Pollock, Distinguished Senior Fellow, The R Street
Institute; and Peter Wallison, Senior Fellow and Arthur F. Burn, Fellow
in Financial Policy Studies, American Enterprise Institute.
·
On Wednesday at 10:00 a.m., the Senate Homeland Security and
Governmental Affairs Committee holds a hearing titled, “Duplication, Waste, and
Fraud in Federal Programs.” Witnesses include: The Honorable Eugene Dodaro,
Comptroller General of the United States, U.S. Government Accountability
Office; The Honorable J. Russell George, Inspector General for Tax
Administration, U.S. Department of Treasury; The Honorable Rebecca Blank,
Chancellor, University of Wisconsin-Madison; and Keith Repko, Medical
Center Director, VA St. Louis Health Care System, Veterans Health
Administration, U.S. Department of Veterans Affairs.
· On
Wednesday at 12:00 p.m., the Cato Institute hosts a policy discussion
titled, “End the ED: Time to Dissolve the U.S. Department of Education?” The
event will begin with opening remarks by Rep.
Thomas Massie (R-KY). Participants in the discussion include: Vicki Alger, Research
Fellow, Independent Institute, and author, Failure:
The Federal Misedukation of America’s Children; Catherine Brown, Vice
President, Education Policy, Center for American Progress; Neal McCluskey,
Director, Center for Educational Freedom, Cato Institute; and Lauren Camera,
Education Reporter, U.S. News
& World Report.
· On
Wednesday at 1:00 p.m., the Brookings Institution and The Hamilton Project
host a policy forum titled, “Leveling the Playing Field: Policy Options to
Improve Postsecondary Education and Career Outcomes.” The event will begin with
introductory remarks by Robert Rubin, Co-Chair, Council on Foreign
Relations, and former U.S. Treasury Secretary, followed by three roundtable
discussions. The first roundtable will discuss policy options to better finance
higher education and include: David Deming, Professor of Education and
Economics, Harvard University; Sarah Turner, University Professor of
Economic and Education and Sounder Family Professor, University of Virginia; Bridget Terry Long, Saris Professor of Education and Economics, Graduate School of
Education, Harvard University;
Charlene Dukes, President, Prince George’s Community College; Sarita Brown,
President, Excelencia in Education; and Diane Schanzenbach, Director,
Hamilton Project, and Senior Fellow, Economic Studies, Brookings Institution.
The second roundtable will discuss risk-sharing in the student loan program and
include: Adam Looney, Senior Fellow, Economic Studies, Brookings
Institution; Tara Watson, Associate Professor of Economics, Williams
College; Michael Dakduk,
Executive Vice President and Director of Government Relations,
Career Education Colleges and Universities; Sandra Black, Audre and Bernard
Rapoport Centennial Chair in Economics and Public Affairs, University of Texas at
Austin; Belle
Wheelan, President, Southern Association of Colleges and
Schools Commission on Colleges;
James Kvaal, Towsley Foundation Policymaker in
Residence, University of Michigan; and Ryan Nunn,
Policy Director, The Hamilton Project, and Fellow, Economic Studies, Brookings
Institution. The third roundtable will address K-12 teacher shortages and
include: Thomas Dee, Professor and Associate Dean for Faculty Affairs,
Graduate School of Education, Stanford University; Louis Jacobson,
President, New Horizons Economic Research, and Research Professor, George
Washington Institute of Public Policy; Andy Smarick, Morgridge
Fellow in Education, American Enterprise Institute; Heather Wathington,
Chief Executive Officer, The Maya Angelou Schools and See Forever Foundation;
and Diane Schanzenbach, Director, Hamilton Project, Senior Fellow,
Economic Studies, Brookings Institution.
· On
Thursday at 10:00 a.m., the House Education and the Workforce Committee
holds a hearing entitled, “Strengthening Accreditation to Better Protect Students
and Taxpayers.” Witnesses will be announced at a later date.
· On
Friday from 12:00 to 3:00 p.m., NCHER participates in Financial Literacy
Day on Capitol Hill, hosted by the Jump$tart Coalition. The event, which is
free and open to the public, provides networking opportunities with the
national financial education community and offers organizations the ability to
share programs which help promote financial literacy.
·
On Friday at 1:15 p.m., Federal Reserve Board of Governors Member
Lael Brainard gives a speech titled, “Fintech and the Future of Finance,” at
the Kellogg School of Management at Northwestern University in Evanston, IL.
This information is shared by SASFAA's
Legislative Affairs' Committee and NCHER.
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