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Huizenga, a contender for the HFSC gavel who currently chairs the panel’s subcommittee on oversight, is drafting a resolution that will blast Gruenberg.

FDIC back in the congressional spotlight next week

Next week is shaping up to be a weird splitscreen of a time for bank regulators.

The Republican House is moving full speed ahead with a semi-annual oversight hearing scheduled for next week, and Rep. Bill Huizenga (R-Mich.) is prepping a resolution to condemn the chair of the Federal Deposit Insurance Corp. for failing to cooperate with congressional investigators.

The Democratic Senate Banking Committee, meanwhile, has abandoned plans to host its own oversight hearing with bank regulators on Tuesday, according to three people familiar with the planning.

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Presented by AstraZeneca

The 340B program was created to help patients. Instead, it’s helping hospitals earn massive profits. The 340B Rebate Model Pilot uses rapid verification of existing data to prevent duplicate discounts, strengthening program transparency and efficiency. Urge HHS to implement the Rebate Model Pilot and ensure 340B functions as intended. Get the facts.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Presented by AstraZeneca

The 340B program is supposed to help vulnerable patients—but without strong safeguards, it’s siphoning away funds that could be used for free and charitable medicine. The 340B Rebate Model Pilot improves program integrity, preventing duplicate discounts and strengthening accountability. Urge HHS to implement the pilot today. Learn why it matters.

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