The House Financial Services Committee plans to discuss how the government can encourage job creation and what impact the rising debt has on the economy at its first hearing of the new Congress next Wednesday.

"Our small businesses need certainty from Washington in order to expand and hire workers. If we are to enjoy a full economic recovery, new job creation must come from the private sector. Sustainable economic growth is our main objective, and this hearing is just the beginning of our work to ensure government is encouraging, not inhibiting, job creation and economic recovery," Chairman Spencer Bachus (R-Ala.) said in a statement.

He added that the panel plans to hold a series of hearings to review the "various roadblocks that small businesses and community banks are facing."

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.