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Financial Services Committee

May 16, 2013 - House Banking Full Committee hearing entitled "Oversight of the SEC's Agenda, Operations and the FY2014 Budget Requests."

This hearing marked the first appearance of the newly confirmed SEC Chairman, Mary Joe White, before the House Financial Services Committee. The hearing began on a negative note as Chairmen Hensarling berated the IRS for its biased handing of non-profit status applications. Then, citing a pending regulation requiring the corporate reporting of campaign contributions to the SEC, the Committee Chairman suggested that the issuance of this regulations could place the SEC in a same position of acting for partisanpurposes.