The House Financial Services Committee is scheduled to meet next week for a hearing on federal support for minority depository institutions and community depository financial institutions.

Senate Hearing: A Senate Banking Committee subcommittee met this week for a hearing on the role of MDIs and CDFIs in supporting local communities.

ICBA Statement: In a written statement for the Senate hearing, ICBA called for clarity on the Emergency Capital Investment Program, new opportunities to raise capital, promoting de novo formation, and more.