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Committee Passes Five Bills
This week, the House Financial Services Committee, held a markup of five bills to crack down on foreign corruption, uphold consumer protections, increase access to the financial system, protect retirement savers, and address the national homelessness crisis.
- HR 389, Kleptocracy Asset Recovery Rewards Act, introduced by Congressman Stephen Lynch (D-MA) and Congressman Ted Budd (R-NC). It was approved on a voice vote.
- HR 1500, the Consumers First Act, introduced by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee. It passed by a vote of 34-26.
- HR 1595, the Secure and Fair Enforcement (SAFE) Banking Act, introduced by Congressman Ed Perlmutter (D-CO), Congressman Denny Heck (D-WA), Congressman Steve Stivers (R-OH), and Congressman Warren Davidson (R-OH). It passed by a vote of 45-15.
- HR 1815, the Securities and Exchange Commission (SEC) Disclosure Effectiveness Testing Act, introduced by Congressman Sean Casten (D-IL). It passed by a vote of 33-26.
- HR 1856, the Ending Homelessness Act, introduced by Congresswoman Maxine Waters (D-CA). It passed by a vote of 32-26.
Click here for a description of each bill and here for the Chairwoman's opening statement.
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