Dec 26, 2019 | Congressional Legislation, News
Earlier this month, the House of Representatives passed S. 256, the Esther Martinez Native American Languages Programs Reauthorization Act, a bill that protects the survival and continuity of Native American languages by strongly funding them from fiscal year 2020...
Dec 23, 2019 | Congressional Legislation, News
After a long wait and intense speculation from the banking, cannabis, and other industries, Senate Banking Committee Chairman Mike Crapo last week announced his opposition to the House-passed SAFE Act, which would allow banks to serve cannabis businesses. With...
Dec 20, 2019 | Congressional Legislation, News
Earlier this month, United States Senator Elizabeth Warren (D-Mass.) and Representative Jesús “Chuy” García (D-Ill.) introduced the Bank Merger Review Modernization Act, which they say would restrict harmful consolidation in the banking industry and protect consumers...
Dec 16, 2019 | Congressional Legislation, News
Last week, House Financial Services Chairwoman Maxine Waters (D-Calif.) convened the Committee for one final markup in calendar year 2019, taking up eight bills and three resolutions. In her opening statement, Chairwoman Waters highlighted a number of issues faced by...
Dec 11, 2019 | Congressional Legislation, News
Legislation introduced by Reps. Jesus “Chuy” Garcia (D-Ill.) and Glen Grothman (R-Wisc.) that would ban all loans above a 36 percent APR was not considered in the House Financial Services Committee markup this week, meaning that it will not come before the committee...
Dec 5, 2019 | Congressional Legislation, Federal Regulation, News
This week, the House Financial Services Committee is convening four hearings on various issues, which will be followed up by a two-day legislative markup next week. On Tuesday, the full committee held a hearing entitled “Oversight of Prudential Regulators: Ensuring...