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 WEEKLY ROUNDUP
June 09, 2019

        

Reauthorizing EXIM


Committee Democrats continue to push for the revival and long-term reauthorization of the Export-Import Bank (EXIM), which plays an important role in the U.S. government’s efforts to support American jobs. On Tuesday, the full committee convened a hearing entitled, “Promoting American Jobs: Reauthorization of the U.S. Export-Import Bank.” Click here to read Chairwoman Water’ opening statement. 

Schedule Updates: June 2019


The House Financial Services Committee made the following changes to the June 2019 schedule. See updates below and click here for the most up-to-date Committee schedule.

NEW TIME: Tuesday, June 25 at 10:00 AM – The Subcommittee on Diversity and Inclusion will convene a hearing entitled, “Diverse Asset Managers: Challenges, Solutions and Opportunities for Inclusion.”

NEW TIME: Wednesday, June 26 at 10:00 AM – The Task Force on Artificial Intelligence will convene a hearing entitled, “Perspectives on Artificial Intelligence: Where We Are and the Next Frontier in Financial Services.”

NEW ADDITION: Wednesday, June 26 at 12:30PM – The full Committee will convene for a markup.

POSTPONED: The full Committee will convene a hearing entitled, “Examining Legislation to Protect Consumers and Small Business Owners from Abusive Debt Collection Practices," at a date to be determined.


Member Spotlight
 


Rep. Gregory Meeks (D-NY) | Subcommittee Chairman Meeks convenes hearing on leveraged lending (American Banker)

“The Department of Education has taken aggressive steps to deregulate for-profit universities, encouraged institutions to lie about their accreditation statuses, and left students vulnerable to fraudulent groups.”

 



Weekend Reads


Politico | Warren, Waters blast SEC financial advice rule as Wall Street cheers

Newsweek | Rep. Ayanna Pressley Sends Letter Demanding Mnuchin Explain Decision to Postpone Harriet Tubman $20 Bill

American Banker | Why consumers just can't stop complaining about credit bureaus

Forbes | Congressional Funding Bill Protects Cannabis Banking And Lets DC Legalize Marijuana Sales



 

Tweet of the Week


Chairwoman’s Corner


 

Bank Diversity: On Wednesday, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congresswoman Joyce Beatty (D-OH), Chairwoman of the House Financial Services Subcommittee on Diversity and Inclusion, sent letters to 37 bank holding companies requesting their diversity and inclusion data and policies from 2015 to the present.

The letters request data on diversity and inclusion from bank holding companies with over $50 billion in assets.

Click here for details on the Members’ requests to the banks and their continued efforts to hold banks accountable.

 
Sent from the Committee on Financial Services

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