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House Passes Waters’ Bill to Reauthorize Job-Creating EXIM Bank
On Friday, the U.S. House of Representatives passed H.R. 4863, The United States Export Finance Agency Act of 2019, legislation introduced by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, to reauthorize and improve the Export-Import (EXIM) Bank which supports American workers, businesses and the economy. The bill passed by a vote of 235-184.
Click here for more information and see below for a recap of Republican efforts to block the reauthorization of the EXIM Bank.
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As Seen on FSC-TV
In case you missed it, see below for a snippet of the infographics displayed in the hearing room this week.
November 13-14: Full Committee Markup.
Chairwoman's Corner
ICYMI: American Banker’s take on the House Financial Services Committee under Chairwoman Waters
“Observers say both Waters, a California Democrat, and McHenry have made a good-faith effort to promote open dialogue on a number of priorities that were not even up for debate under former Chairman Jeb Hensarling, R-Texas.”
See link to full article below.
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Member Spotlight
| Congressman Denny Heck (D-WA) |
"The Export-Import Bank is vital to our national and local economies, especially manufacturers, farmers, and small businesses."
- Congressman Denny Heck on the House floor this week during debate on H.R. 4836, The United States Export Finance Agency Act of 2019, Chairwoman Waters’ legislation to reauthorize the Export-Import Bank.
Tweet of the Week
Weekend Reads
Committee Passes Eight Bills
On Thursday, the U.S. House of Representatives passed eight financial services bills to help veterans experiencing homelessness, protect servicemembers from harassment by debt collectors, and prevent predatory debt collection practices to help consumers and small businesses.
Click here to learn more and see list of bills below:
- The Ending Debt Collection Harassment Act of 2019 (H.R. 5021), a bill by Representative Ayanna Pressley (D-MA)
- The Small Business Fair Debt Collection Protection Act (H.R. 5013), a bill by Representative Al Lawson (D-FL)
- The Fair Debt Collection Practices for Servicemembers Act (H.R. 5003), a bill by Representative Madeleine Dean (D-PA)
- The Non-Judicial Foreclosure Debt Collection Clarification Act (H.R. 5001), a bill by Representative Wm. Lacy Clay (D-MO), Chairman of the Subcommittee on Housing, Community Development and Insurance
- The Stop Debt Collection Abuse Act (H.R. 4403), a bill by Representative Emanuel Cleaver (D-MO), Chairman of the Subcommittee on National Security, International Development and Monetary Policy
- The Debt Collection Practices Harmonization Act (H.R. 3948), a bill by Representative Gregory Meeks (D-NY), Chairman of the Subcommittee on Consumer Protection and Financial Institutions
- The Small Business Lending Fairness Act (H.R. 3490), a bill by Representative Nydia Velázquez (D-NY)
- To amend the United States Housing Act of 1937 and title 38, United States Code, to expand eligibility for the HUD-VASH program, to direct the Secretary of Veterans Affairs to submit annual reports to the Committees on Veterans' Affairs of the Senate and House of Representatives regarding homeless veterans, and for other purposes (H.R. 2398), a bill by Representative Scott Peters (D-CA)
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