Click here if you have trouble viewing this e-mail

 WEEKLY ROUNDUP
COVID-19 Edition
May 10, 2020

        

Committee Democrats Working Around the Clock to Combat
COVID-19

Lawmakers may not be on Capitol Hill due to the COVID-19 pandemic, but Financial Services Committee Democratic Members are working around the clock to protect families, small businesses, and the economy.

To date, Committee Democrats have:

  • sent more than 148 letters;

  • introduced 50 legislative measures; and,

  • hosted over 61 stakeholder discussions to examine and address the impact of COVID-19;

The Financial Services Committee has convened 8 bipartisan Member briefings and 8 bipartisan staff briefings with financial regulators, Administration officials, advocates and other stakeholders.

Click here for additional details.


Member Spotlight



Congressman Al Lawson (D-FL)

Committee Democrats At Work: Rep. Lawson Pushes for Moratorium on Debt Collection During COVID-19 Crisis

“In light of the global coronavirus pandemic, and the economic hardship it will bring, my bill would suspend debt collections activity for 120 days to allow families and businesses an opportunity to get back on their feet. This would give working Americans, small business and non-profits another tool in the recovery process.”

– Rep. Lawson on his recently introduced bill to prohibit debt collection, repossession and garnishment of wages during the pandemic.

Click here for additional details on the Congressman’s bill and the Committee’s efforts to ensure critical legislation is included in the ongoing legislative response to the coronavirus crisis.

 




Tweet of the Week

 

Committee to Hold Bipartisan Virtual Roundtable with Financial Regulators

On Friday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced that Consumer Protection and Financial Institutions Subcommittee Chairman Gregory Meeks (D-NY) and Ranking Member Blaine Luetkemeyer (R-MO) will host a virtual roundtable discussion entitled, “Update from Prudential Regulators” on May 13.

See additional details on the roundtable here.


Weekend Reads


Chairwoman’s Corner

Waters Talks Emergency Rental Assistance with Bloomberg TV:
On Friday, Chairwoman Waters joined Bloomberg TV to discuss her emergency rental assistance plan with Rep. Denny Heck (D-WA), April unemployment numbers and Congressional efforts to provide economic relief during the COVID-19 pandemic.


See the full interview here.

Sent from the Committee on Financial Services

2129 Rayburn House Office Building, Washington, DC 20515 | T (202) 225-4247

CONTACT US | UNSUBSCRIBE