The head executives of American central banks will be answering questions this week on various topics, including "oil loans and abortion."
The CEOs of central banks, such as Citigroup Inc. and JPMorgan Chase & Co., will be at the event to discuss how to uphold diversity, keep small banks strong, and increase bank branches.
The CEO often defends their banks during the hearing. Though it leads to legislative action, there is a risk because many CEOs protect their banks.
For example, the CEOs of JP Morgan Chase and Wells Fargo were present at last year's congressional hearing.
Concerns about the Fed going into recession are rising, and lawmakers will be asking both CEOs about how consumers are doing financially.
Trump's tax reform will provide Americans with higher wages and more opportunities and is the first federal action to address globalization since NAFTA in 1994.
Banks have a valuable story to tell, and the media are noticing.
At the bank lobby's private meetings with lawmakers, they discussed their concerns that if the law goes into effect, they will have to lower the rates they charge customers.