House Passes Five Bipartisan Financial Services Bills
Washington,
September 10, 2019 -
WASHINGTON – Today, the U.S. House of Representatives advanced five bipartisan Financial Services bills: H.R. 2852, the Homebuyer Assistance Act of 2019; H.R. 281, the Ensuring Diverse Leadership Act of 2019; H.R. 1690, the CO ALERTS Act of 2019; H.R. 241, the Bank Service Company Examination Coordination Act; and H.R. 3620, the Strategy and Investment in Rural Housing Preservation Act of 2019.
Republican leader of the Subcommittee on National Security, International Development, and Monetary Policy, Steve Stivers (OH-15), delivered remarks in support of the Homebuyer Assistance Act. This legislation would help lessen the appraisal backlog at the Federal Housing Administration (FHA) and increase the quality of appraisals used in loans insured by the FHA.
Watch his remarks here or by clicking the image below.
Congressman Anthony Gonzalez (OH-16), Vice Ranking Member of the Subcommittee on Diversity and Inclusion, delivered remarks in support of the Ensuring Diverse Leadership Act, legislation to diversify the applicant pool and increase opportunities for women and minority leaders at the Federal Reserve.
Watch his remarks here or by clicking the image below.
The CO ALERTS Act would require all properties in the Section 8, Public Housing, Section 202 (Supportive Housing for the Elderly), and Section 811 (Supportive Housing for Persons with Disabilities) programs have at least one carbon monoxide detector installed per floor. This legislation mirrors Senator Tim Scott’s (R-SC) efforts to champion this lifesaving initiative in the Senate.
Watch Congressman Stivers’ remarks in support of this bill here or by clicking the image below.
The Bank Company Examination Coordination Act of 2019, introduced by Congressman Roger Williams (TX-25), would enhance state and federal regulators’ ability to coordinate examinations and share information with a bank’s technology vendors and partners, harmonizing the oversight process.
Watch his remarks here or by clicking on the image below.
Congressman Stivers also delivered remarks on the Strategy and Investment in Rural Housing Preservation Act, which would help expand much-needed access to rental assistance for low income Americans in rural areas.
Watch his remarks here or by clicking the image below.
