Removing Barriers Blog

The Week Ahead in Washington - September 9, 2019
Posted September 09, 2019 by CUNA Advocacy

ON THE FLOOR

This week, both the House and Senate will return from their August district work periods.  The House will consider a number of pieces of legislation.  Of interest to financial institutions, the House will vote on two CUNA-supported bills … H.R. 2852, the Homebuyer Assistance Act of 2019 and H.R. 281, the Ensuring Diverse Leadership Act of 2019.  Others bills under consideration include H.R. 3620, the Strategy and Investment in Rural Housing Preservation Act of 2019; H.R. 1690, the Safe Housing for Families Act of 2019; and H.R. 241, the Bank Service Company Examination Act.

The Senate will begin committee consideration of appropriations legislation this week.  Most of the twelve bills will not receive subcommittee consideration because of the truncated schedule (September 30 marks the end of fiscal year 2019).  The Senate is expected to start consideration of appropriations bills on the Senate floor the week of September 16.  On the floor this week, the Senate will consider a number of executive branch nominations.

 

IN COMMITTEE

Tuesday

  • The Senate Banking, Housing and Urban Affairs Committee will hold a hearing: "Housing Finance Reform: Next Steps."
  • The House Committee on Financial Services will hold a hearing: “A $1.5 Trillion Crisis: Protecting Student Borrowers and Holding Student Loan Servicers Accountable."  
  • The House Committee on the Judiciary will hold a markup of several bills, including: “H.R. 1423, the "Forced Arbitration Injustice Repeal Act."

 

Wednesday

  • The House Committee on Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets will hold a hearing: “Examining Private Market Exemptions as a Barrier to IPOs and Retail Investment.”
  • The House Committee on Financial Services Subcommittee on National Security, International Development, and Monetary Policy will hold a hearing: “Examining the Macroeconomic Impacts of a Changing Climate.”

 

Thursday

  • The House Committee on the Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law will hold a hearing: “Online Platforms and Market Power, Part 3: The Role of Data and Privacy in Competition.”
  • The House Committee on Financial Services Task Force on Artificial Intelligence will hold a hearing: “The Future of Identity in Financial Services: Threats, Challenges, and Opportunities.”
  • The Senate Banking, Housing and Urban Affairs Committee will hold a hearing: "Developments in Global Insurance Regulatory and Supervisory Forums."
  • The Senate Appropriations Committee will hold a markup to consider an original bill making appropriations for the Department of Defense for the fiscal year ending September 30, 2020, an original bill making appropriations for Energy and Water Development for the fiscal year ending September 30, 2020, an original bill making appropriations for the Department of State, Foreign Operations, and Related Programs for the fiscal year ending September 30, 2020, an original bill making appropriations for the Department of Labor, Department of Health and Human Services, Department of Education, and Related Agencies for the fiscal year ending September 30, 2020, and 302(b) subcommittee allocations of budget outlays and new budget authority allocated to the committee in H.Con.Res.71, establishing the congressional budget for the United States Government for fiscal year 2018 and setting forth the appropriate budgetary levels for fiscal years 2019 through 2027.