This Week: Congress returns, NCUA’s Hauptman to testify

Congress is back in Washington, D.C., following the Thanksgiving holiday, with a three-week session scheduled before adjourning for the year.

The House Financial Services Committee will hear testimony from NCUA Chairman Kyle Hauptman Tuesday, along with other federal financial regulators. The semi-annual testimony from regulators was postponed during the government shutdown.

The hearing is available via livestream starting Tuesday at 10 a.m. Eastern.

Also Tuesday, the House Small Business Committee will conduct a hearing, “Main Street Under Attack: The Cost of Crime on Small Businesses,” starting at 10 a.m. Eastern.

On Wednesday, the House Financial Services Committee will discuss the current housing supply.

Comments on two proposals are due by the end of today:

• Financial Crimes Enforcement Network (FinCEN) request for information on Section 314(a) of the PATRIOT Act, which requires credit unions and other financial institutions to determine whether they maintain or have maintained any account or transaction for a named individual or entity and report any matches promptly; and
• NCUA renewal of information collections on standards for the performance of real estate appraisals in connection with federally related transactions and the regulatory framework for corporate credit unions.

Young credit union professionals can also apply to “crash” the Governmental Affairs Conference (GAC) 2026 through the Cooperative Trust’s “Crash the GAC” program. Applications are due today.