U.S. economic issues proposed for discussion (Image: Shutterstock).

The top Republican on the House Financial Services Committee wants the panel's Democratic chair, Maxine Waters of California, to consider holding hearings on issues including Brexit, overhauling Fannie Mae and Freddie Mac and cybersecurity.

Patrick McHenry, the ranking member of the panel, sent a letter to Waters Tuesday outlining his recommendations on issues Republicans would like to see the committee consider. Waters has previously pledged to work with GOP lawmakers to find areas of agreement.

Here are some of the issues McHenry flagged for potential hearings:

Brexit and its impact on the U.S. economy and international financial system, including its potential systemic risks. Cybersecurity and how prepared U.S. financial companies are for a potential attack Re-examining anti-money laundering rules. The Federal Reserve's balance sheet and “potential strategies for unwinding crisis-era asset purchases.” How to fix Fannie and Freddie, the mortgage-finance giants that have been under government control for a decade.

Copyright 2019 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.