Hearing: Uncertain Debt Management: Treasury Markets and Financial Institutions

Subcommittee on Financial Institutions and Monetary Policy (Committee on Financial Services)

Tuesday, June 6, 2023 (10:00 AM)

2128 RHOB
Washington, D.C.

Witnesses

Mr. Grant Driessen
Specialist in Public Finance, Congressional Research Service

Added 06/01/2023 at 04:00 PM
  • Witness Statement [PDF] Added 06/02/2023 at 04:40 PM
  • Witness Truth in Testimony [PDF] Added 06/02/2023 at 04:40 PM

Mr. Jeff Arkin
Director, Strategic Issues Team, Government Accountability Office

Added 06/01/2023 at 04:00 PM
  • Witness Statement [PDF] Added 06/02/2023 at 06:53 PM
  • Witness Truth in Testimony [PDF] Added 06/05/2023 at 05:49 PM

Text of Legislation

  • H.R. __ a bill require the Chairperson of the Financial Stability Oversight Council to provide contingency plans for a disruption in the timing of payment on Treasury securities, and for other purposes [PDF] Added 06/01/2023 at 04:00 PM
  • H.R. __ a bill to require the Secretary of the Treasury to issue a report containing information on extraordinary measures available when the debt of the United States Government approaches the statutory limit, and for other purposes [PDF] Added 06/01/2023 at 04:00 PM
  • H.R. __ a bill to require testimony and reports by the Secretary of the Treasury in anticipation of the debt of the United States Government reaching the statutory limit, and for other purposes [PDF] Added 06/01/2023 at 04:00 PM
  • H.R. __ a bill to amend the Federal Reserve Act to bring the non-monetary policy related functions of the Board of Governors of the Federal Reserve System into the appropriations process, and for other purposes [PDF] Added 06/01/2023 at 04:00 PM
  • H.R. __ a bill to increase the asset thresholds at which financial institutions become subject to certain requirements, and for other purposes [PDF] Added 06/01/2023 at 04:00 PM
  • H.R. __ a bill to permit insured depository institutions to pay certain assessments to the Deposit Insurance Fund using Treasury securities, and for other purposes [PDF] Added 06/01/2023 at 04:00 PM

Support Documents

  • Notice [PDF]
  • Memorandum [PDF] Added 06/01/2023 at 04:00 PM

First Published: May 30, 2023 at 04:08 PM
Last Updated: June 5, 2023 at 05:49 PM