Legislative Activity House to Vote on Flood Insurance Bill After delaying plans for a vote last week, Majority Leader Eric Cantor (R-VA) is expected to hold a vote on the amended Homeowner Flood Insurance Affordability Act (H.R. 3370) on Wednesday, March 5, under suspension of the rules. Among some of the changes, the latest draft … Continue Reading
Legislative Activity This Week’s Hearings: Tuesday, November 19: The House Financial Services Subcommittee on Oversight and Investigations will hold a hearing titled, “A General Overview of Disparate Impact Theory.” This hearing will review the legal and theoretical underpinnings of disparate impact theory and explore the consequences of its application in various contexts, such as housing … Continue Reading
Legislative Activity House Passes Derivatives Bills Last Wednesday, June 12, the House passed several bills related to certain derivatives and swaps regulation provisions under the Dodd-Frank Act. Included among the bills was H.R. 1256, a controversial proposal that would direct the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) to adopt a … Continue Reading