Weekly RundownPosted by on October 28, 2013
The House is in session Monday through Wednesday this week and will consider two Financial Services bills. Additionally, the committee will hold two hearings. Be sure to check back here on the Bottom Line Blog -- and sign up for our email updates -- for more information throughout the week.
Here's what's happening:
On Tuesday at 10 a.m. the Full Committee will hear from Federal Housing Administration (FHA) Commissioner Carol Galante on the FHA's first-ever, $1.7 billion taxpayer-funded bailout. In the afternoon, at 3 p.m. the Financial Institutions and Consumer Credit Subcommittee will discuss legislative proposals addressing much needed reforms at the Consumer Financial Protection Bureau (CFPB).
Also on Tuesday afternoon, H.R. 2374, the Retail Investor Protection Act will be considered on the House floor. Rep. Ann Wagner, the author of H.R. 2374, discussed her legislation in yesterday's Sunday Video Message.
Rounding out the week on Wednesday the House is expected to consider H.R. 992, the Swaps Regulatory Improvement Act. Rep. Randy Hultgren explained H.R. 992 in a Sunday Video Message last month.