FSC Schedule: Week of 2/25 - 2/29

Next week, the House Financial Services Committee will convene the following hearings.

• Tuesday, February 26 at 10:00 AM – The full Committee will convene a hearing entitled, “Who’s Keeping Score? Holding Credit Bureaus Accountable and Repairing a Broken System.”
  
  
• Wednesday, February 27 at 10:00 AM – The full Committee will convene the semiannual Humphrey-Hawkins hearing entitled, “Monetary Policy and the State of the Economy,” with Federal Reserve Chairman Jerome Powell.
  
  
• Wednesday, February 27 at 2:00 PM – The Diversity and Inclusion Subcommittee will convene a hearing entitled, “Diversity Trends in the Financial Services Industry.”
  

Hearings and markups will take place in 2128 Rayburn House Office Building and will be broadcast live on https://democrats-financialservices.house.gov/live/.

Visit https://democrats-financialservices.house.gov/ for the most up-to-date Committee schedule.

Member Spotlight 

Rep. Katie Porter (D-CA) | Porter Pushes for Student Protections at 2nd Town Hall
“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.”


Rep. Joyce Beatty (D-OH) | Diversity and Inclusion Subcommittee Chair Beatty Talks Fed Diversity in Forbes
“If you have presidents who are sensitive to cultural needs, and race and ethnicity, and diversity of thought, it trickles down … and then it just becomes a way of doing business.”


Rep. David Scott (D-GA) | Scott Introduces Bill to Promote Financial Inclusion for American Consumers
“Far too often, both in the 13th district of Georgia and across America, people are using financial services from outside the traditional banking system. This means that those who already have lower incomes often pay more in fees and penalties, even for simple services like cashing a check. This simply is not workable.”


Rep. Vicente Gonzalez (D-TX) and Rep. Sylvia Garcia (D-TX) | Gonzalez and Garcia Introduce Bill to Protect Victims of Domestic Violence from Homelessness
"Access to safe and affordable housing for domestic violence victims must extend to rural communities," Congressman Gonzalez said.

“It is important that domestic violence victims can access the same protections and support no matter where they live," Rep.Garcia said.


Rep. Ed Perlmutter (D-CO) | Rep. Ed Perlmutter Speaks to American Banker on Building Momentum for Cannabis Banking Bill
“We have a lot of work to do to get this passed out of the House in a form that the Senate can then really take up, if they choose to do so and if it gets brought up, it will pass. Whether they bring it up or not, that’s the $64 question.”

Weekend Reads