Removing Barriers Blog

The Week Ahead in Washington - September 23, 2019
Posted September 23, 2019 by CUNA Advocacy

ON THE FLOOR

This week the House of Representatives will consider H.R. 1595, the SAFE Banking Act of 2019. This bill will be considered under “suspension of the rules” … meaning that the bill is not able to be amended and must garner a two-thirds vote for passage.

The Senate is expected to vote on H.R. 4378, the House-passed continuing resolution to fund the federal government through November 21. This bill includes a provision to extend the National Flood Insurance program through November 21. Also, there is a provision that ensures the operation of the SBA’s 7(a) loan program … loans that many credit unions make.

IN COMMITTEE

Tuesday

  • The House Committee on Financial Services will hold a hearing: “Oversight of the Securities and Exchange Commission: Wall Street's Cop on the Beat.”
  • The House Committee on Financial Services Subcommittee on Diversity and Inclusion will hold a hearing: “Examining the Racial and Gender Wealth Gap in America.”

Wednesday

  • The Senate Banking, Housing and Urban Affairs Committee will hold a hearing: "Facilitating Faster Payments in the U.S."
  • The House Committee on Financial Services Subcommittee on Consumer Protection and Financial Institutions will hold a hearing: “Promoting Financial Stability: Assessing Threats to the U.S. Financial System.”
  • The House Committee on Financial Services Subcommittee on Housing, Community Development, and Insurance will hold a hearing: “Protecting Seniors: A Review of the FHA's Home Equity Conversion Mortgage (HECM) Program.”

Thursday

  • The House Committee on Financial Services will hold a hearing: “Examining Legislation to Protect Consumers and Small Business Owners from Abusive Debt Collection Practices.”
  • The House Committee on Financial Services Task Force on Financial Technology will hold a hearing: “The Future of Real-Time Payments.”