House Financial Services Committee Democrats will hold an additional hearing Friday on Rep. Jeb Hensarling’s Financial Choice Act.
Democratic members of the committee lambasted the bill and implored Hensarling during a Wednesday hearing to assure them that there would be more than one hearing to discuss the legislation before it is marked up on May 2.
All Democratic members of the committee sent a letter to Hensarling the same day requesting an “additional” hearing on the legislation.
The hearing on H.R. 10, which Democratic members of the committee call the Wrong Choice Act, is a “minority hearing” and the first hearing before the Financial Services Committee under the 115th Congress where Democrats can select the panel of witnesses. Sen. Elizabeth Warren, D-Mass., will be among the witnesses.