Subcommittee on Investigations, Oversight and Regulations

July 28, 2011
Open for Business: The Impact of the CFPB on Small Business

On Thursday, July 28, 2011, at 1:30 P.M. the House Small Business Committee Subcommittee on Investigations, Oversight and Regulations will hold a hearing entitled, "Open for Business: The Impact of the CFPB on Small Business." The hearing will take place in room 2360 of the Rayburn House Office Building.

The purpose of this hearing is to review the impact of regulations on small business access to capital. The hearing will focus on the new Consumer Financial Protection Bureau created by the Dodd-Frank Wall Street Reform and Consumer Protection Act. Witnesses at the hearing will represent the Consumer Financial Protection Bureau, the financial services industry and small business.

NOTE: This hearing will be broadcast live on C-SPAN.org. CLICK HERE to view.


Opening Statement:

Chairman Mike Coffman (R-CO)

Witnesses and Testimony:

Panel 1

  • Dan Sokolov, Deputy Associate Director for Research, Markets and Regulations, Consumer Financial Protection Bureau, Washington, DC Panel 2
  • Terry Jones, Chairman, Legislative and Regulatory Affairs Committee, Colorado Mortgage Lenders Association, Castle Rock, CO

  • Jess Sharp, Executive Director, Center for Capital Markets Competitiveness, U.S. Chamber of Commerce, Washington, DC
  • Daniel Fleming, President, Fleming Leasing, Alexandria, VA
  • Adam J. Levitin, Professor of Law, Georgetown University Law Center, Washington, DC
  • Additional Items:

  • Official Hearing Notice
  • Official Witness List
  • Official Hearing Memo
  • Hearing Video (House video)
  • Hearing Video (C-SPAN video)
  • Press Release
  •