On April 11th, the Senate Banking Committee held hearings entitled "Outsourcing Accountability? Examining the Role of Independent Consultants". Hearings Webpage (with links to archived video and to witness-prepared testimony). DealBook summarized the testimony, focusing on the conflicts of interest within the industry. Summary. Bloomberg reported that the OCC has asked Congress for enforcement authority over consultants hired by banks in accordance with regulatory undertakings. Enforcement.