Legislative Activity House To Consider Amending Flood Insurance Bill This Wednesday, February 26, and for the duration of the week, the House will consider amending the Homeowner Flood Insurance Affordability Act under suspension of the rules. The legislation would scale back flood insurance rate increases. According to Majority Leader Eric Cantor (R-VA), “the House will … Continue Reading
Legislative Activity Senate Commerce Committee Evaluates FCC and FTC Nominees The Senate Committee on Commerce, Science and Transportation held a hearing on Wednesday, September 18 to consider the nominations of Michael O’Rielly to serve as a Commissioner of the Federal Communications Commission (FCC) and Terrell McSweeny to serve as a Commissioner of the Federal Trade Commission (FTC). … Continue Reading
Legislative Activity Senate Banking Committee To Address Housing Finance Reform On Thursday, September 12 the Senate Banking Committee held a hearing titled, “Essential Elements of Housing Finance Reform.” During the hearing, the Chairman Tim Johnson (D-SD) and Ranking Member Mike Crapo (R-ID) stated that the committee plans to hold hearings focused on housing finance reform … Continue Reading
Legislative Activity This Week’s Hearings: Tuesday, September 10: The Senate Banking Committee will hold a hearing on the nominations of Ms. Wanda Felton to be First Vice President of the Export-Import Bank of the United States and Ms. Katherine M. O’Regan to be an Assistant Secretary of the Department of Housing and Urban Development. Tuesday, … Continue Reading
Legislative Activity Senate Banking Committee Approves SEC, FHFA, CEA, and NCUA Nominees On July 18, the Senate Banking committee approved via voice vote the nominations of Ms. Kara Stein and Dr. Michael Piwowar to be Commissioners of Securities and Exchange Commission (SEC), of Mr. Richard Metsger to be a Member of the National Credit Union … Continue Reading
Legislative Activity This Week’s Hearings: Tuesday, June 4: The Senate Banking Committee will hold a hearing titled “Iran Sanctions: Ensuring Robust Enforcement, and Assessing Next Steps.” Wednesday, June 5: The Senate Banking Subcommittee on Housing, Transportation, and Community Development will hold a hearing titled “Long Term Sustainability for Reverse Mortgages: HECM’s Impact on the Mutual … Continue Reading
