Press Releases

Today, the House of Representatives passed four bills from the House Committee on Financial Services.

H.R. 1993- the 25^th Anniversary of 9/11 Commemorative Coin Act, sponsored by Rep. Daniel Goldman (NY-10), Rep. Mike Lawler (NY-17), and Rep. Andrew Garbarino (NY-02) and, passed the House 415-0. H.R. 1993 requires the Secretary of the Treasury to mint commemorative coins honoring the 25th anniversary of the September 11 terrorist attacks, supporting programs at the National September 11 Memorial and Museum.

• Watch Chairman French Hill (AR-02) speak in support of the bill here.
• Watch Rep. Lawler speak in support of the bill here.
• Watch Rep. Garbarino speak in support of the bill here.

H.R. 3234- Keeping Deposits Local Act, sponsored by Majority Whip Tom Emmer (MN-06) and Representative Joyce Beatty (OH-03), passed the House 405-0. H.R. 3234 increases reciprocal deposit limits for community banks and expands eligibility standards, helping local institutions keep deposits in their communities and strengthen lending capacity for families and small businesses.

• Watch Chairman Hill speak in support of the bill here.
• Watch Whip Emmer speak in support of the bill here.
  

H.R. 4544- American Access to Banking Act, sponsored by Ranking Member Maxine Waters (CA-43), passed the House 405-4. H.R. 4544 directs Federal banking and credit union regulators to streamline the de novo application process to support smaller lenders, expand mortgage access, and improve financing options for first-time homebuyers and underserved communities.

• Watch Chairman Hill speak in support of the bill here.
  

H.R. 5317- Community Bank Deposit Access Act, sponsored by Chairman Hill, passed the House 393-16. H.R. 5317 strengthens access to deposit placement services for community banks, allowing them to better compete for deposits, support local lending, and serve rural and small-town economies.

• Watch Chairman Hill speak in support of the bill here.

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