The Senate Banking Committee on Wednesday will hold its annual oversight hearing on the nation’s largest financial institutions, during which the CEOs of several large banks will testify. The House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion will hold a hearing Tuesday on how federal agencies can use technology to foster financial innovation. On Wednesday, the House Financial Services Subcommittee on Housing and Insurance will hold a hearing on housing affordability.
Home builder confidence declines in May
Builder confidence in the market for single-family homes in May was 45, down from 51 the previous month, according to...