Chairman Jeb Hensarling

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Weekly Rundown
Posted by on May 13, 2013

Three hearings, two suspensions and one rule bill on the floor makes for a busy week at the Financial Services Committee. Be sure to check back here on the Bottom Line Blog -- and subscribe to our email lists  --  for updates throughout the week.


Here’s what’s happening:


On Wednesday the House will vote on two bipartisan bills under suspension of the rules. Bills under suspension require a two-thirds majority for passage.


The first, H.R. 384, the Homes for Heroes Act of 2013 helps ensure veterans have fair access to HUD housing and homeless assistance programs by establishing a Special Assistant for Veterans Affairs within the Department of Housing and Urban Development. The second, H.R. 701, requires the SEC to finalize rules to implement Title IV of the JOBS Act by October 31, 2013. 

Also on Wednesday, at 10 a.m. the Oversight & Investigations Subcommittee asks “Who is Too Big to Fail?” as they explore Title II of the Dodd-Frank Act.


On Thursday at 10 a.m., the full committee convenes to hear from SEC Chairman Mary Jo White. This is Ms. White’s first appearance before our committee as chairman.


Later on Thursday, at 2 p.m., the Housing and Insurance Subcommittee continues our work on sustainable housing finance reform, this week exploring the government’s role in multifamily and health care facilities mortgage insurance and reverse mortgages.


Wrapping up the week this Friday, the House is scheduled to vote on H.R. 1062, the SEC Regulatory Accountability Act introduced by Capital Markets & GSE Subcommittee Chairman Scott Garrett.
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