HEARINGS ON HOME EQUITY LENDING.

SEC. 158. HEARINGS ON HOME EQUITY LENDING. (a) Hearings.— Not less than once during the 3-year period beginning on the date of enactment of this Act, and regularly 108 STAT. 2198thereafter, the Board of Governors of the Federal Reserve System, in consultation with the Consumer Advisory Council of the Board, shall conduct a public hearing to examine the home equity loan market and the adequacy of existing regulatory and legislative provisions and the provisions of this subtitle in protecting the interests of consumers, and low-income consumers in particular. (b) Participation.— In conducting hearings required by subsection (a), the Board of Governors of the Federal Reserve System shall solicit participation from consumers, representatives of consumers, lenders, and other interested parties.