Three Bank of America (NYSE: BAC) officials have been asked to appear before the House Committee on Oversight and Government affairs at a hearing later this month, relating to its purchase of Merril Lynch.

The three executives that are being asked to appear include former FleetBoston Financial chief executive Charles Gifford, NStar chief executive Thomas May, as well as senior bank executive Brian Moynihan.

The hearing, which will occur on November 17th, will revolve around Bank of America’s controversial decision to purchase troubled investment bank, Merril Lynch. Moynihan was the company’s chief legal counsel at the time the $50 billion deal was completed. Former chief legal counsel Timothy J. Mayopolous, who Moynihan replaced, is also expected to testify.

Bank of America has been accused of misleading shareholders about the acquisition by failing to disclose the extent of Merril Lynch’s mounting losses. Bank of America is also under file for giving Merril Lynch permission to issue over $5.8 billion in bonuses. House committee investigators are also trying to determine whether or not BofA tried to back out of the deal in December in order to pressure the government to give the troubled bank additional aid.

Committee members also plan on interviewing Moynihan privately on November 11th, in addition to the public inquiry that will be heald on November 17th. Committee members were also hoping to interview both Gifford and May before the hearing, but those arrangements have not worked out.

Moynihan now runs the company’s consumer banking units and is considered one of the leading candidates to replace outgoing Bank of America CEO, Kenneth Lewis, who is set to retire at the end of the year. In an interview with Reuters, Moynihan said, “Anybody would want this job, it’s one of the best jobs in the business.” Moynihan also acknowledge that he might not get the position with some board members pushing for an outside candidate. Moynihan also commented, “This is a great company and I will continue to do a great job for it, no matter what the outcome.”