Removing Barriers Blog

The Week Ahead in Washington - December 11, 2017
Posted December 11, 2017 by CUNA Advocacy

Last week, Congress passed and the President signed into law H.J. Res. 123, a continuing resolution to fund government operations through December 22, 2017.  This puts additional pressure on Congress to pass an omnibus spending bill for the rest of fiscal year 2018 at the same time as it is trying to enact the most comprehensive tax overhaul in thirty years. 

This week, the House will consider a number of bills passed by the House Financial Services Committee.  They are the “Iranian Leadership Asset Transparency Act” (H.R. 1638); the “Corporate Governance Reform and Transparency Act of 2017” (H.R. 4015); the “Strengthening Oversight of Iran’s Access to Finance Act” (H.R. 4324), the "Community Institution Mortgage Relief Act" (H.R. 3971); and the "Privacy Notification Technical Clarification Act" (H.R. 2396).

The Senate will consider a number of nominations to America’s circuit courts. 

In Committee 

Tuesday 

The House Financial Services Committee will hold a full committee markup on the following legislation: 

  • HR 435, the “Credit Access and Inclusion Act of 2017” 
  • HR 1457, the “Making Online Banking Initiation Legal and Easy Act of 2017” 
  • HR 2219, the “End Banking for Human Traffickers Act of 2017” 
  • HR 2319, the “Consumer Financial Choice and Capital Markets Protection Act of 2017” 
  • HR 2948, To amend the S.A.F.E. Mortgage Licensing Act of 2008 to provide a temporary license for loan originators transitioning between employers, and for other purposes. 
  • HR 3179, the “Transparency and Accountability for Business Standards Act” 
  • HR 3864, the “Native American Housing Assistance and Self-Determination Reauthorization Act of 2017” 
  • HR 4464, the “Common Sense Credit Union Capital Relief Act of 2017” 
  • HR 4519, To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to resource extraction, and for other purposes. 
  • HR 4529, the “Accelerating Access to Capital Act of 2017” 
  • HR 4537, the “International Insurance Standards Act of 2017” 
  • HR 4545, the “Financial Institutions Examination Fairness and Reform Act” 
  • HR 4546, the “National Securities Exchange Regulatory Parity Act” 
  • HR 4560, the “GSE Jumpstart Reauthorization Act of 2017” 
  • HR 4566, the “Alleviating Stress Test Burdens to Help Investors Act” 

Wednesday 

The House and Senate will hold their first meeting of the conference committee to consider H.R. 1, the Tax Cuts and Jobs Act. 

Thursday 

The House Financial Services Committee Monetary Policy and Trade Subcommittee will hold a hearing entitled “Examining the Operations of the Committee on Foreign Investment in the United States (CFIUS).”