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 WEEKLY ROUNDUP
COVID-19 Edition
June 7, 2020

        

Committee Holds First Virtual Hearing

On Wednesday, the Subcommittee on Consumer Protection and Financial Institutions held the Committee’s first virtual hearing, entitled, “Promoting Inclusive Lending During the Pandemic: Community Development Financial Institutions and Minority Depository Institutions.”

The virtual roundtable panelists included:

  • Ms. Lisa Mensah, President and Chief Executive Officer, Opportunity Finance Network
  • Mr. Michael T. Pugh, President, Chief Executive Officer and Board Member, Carver Federal Savings Bank
  • Mr. Samuel C. Scott, Chairman, Black Chicago Tomorrow, and Co-Chair, American Business Immigration Coalition
  • Mr. James H. Sills III, President and Chief Executive Officer, M&F Bank, on behalf of the Independent Community Bankers of America


Weekend Reads


Tweet of the Week


 




Member Spotlight

Congressman Gregory Meeks (D-NY)

This week, Congressman Gregory Meeks (D-NY), Chairman of the House Committee on Consumer Protection and Financial Institutions chaired the Committee’s first ever virtual hearing.

Watch the virtual hearing here.


Chairwoman’s Corner

Waters Blasts Acting Comptroller Brooks’ Letter Pressuring State and Local Governments to End Measures to Combat COVID-19

On Thursday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, made the following statement regarding a letter that Acting Comptroller of the Currency Brian Brooks sent to the National League of Cities, the U.S. Conference of Mayors, and the National Association of Governors regarding efforts to combat COVID-19.

“With this inappropriate letter pressuring city and state officials to end important public safety measures put in place to combat the spread of the novel coronavirus, the new Acting Comptroller is transparently pandering to President Trump, who has made clear that he would prefer that we all pretend that there is no pandemic, that more than a hundred thousand Americans have not lost their lives already, and that many more are not at risk.

See the full text of the statement here.

Sent from the Committee on Financial Services

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