Hoyer Hales CUs
“Credit unions have never needed a bailout. You weren’t the problem,” Rep. Steny Hoyer, D.-Md., told a cheering crowd at Monday afternoon’s General Session.
“Credit unions perform an extraordinarily important function for the people I represent,” said Hoyer, the House Minority Whip. “The services you provide make a real difference to 90 million Americans—what an awesome constituency.”
Hoyer called on credit unions to continue to help legislators meet some important challenges: restore the American dream for consumers, restore the nation’s fiscal health, and grow jobs.
“What we’ve done fiscally is immoral,” he said, referring to the debt future generations will carry. No one will ever believe that we came this close to defaulting last year, he added. Both parties must come together to find big, bold, deficit solutions.
The economy is showing positive signs. Nearly four million jobs have been created in the past 24 months, he said. And President Obama continues to pursue an ambitious agenda to restore the American dream and invest in the manufacturing sector, which is a ticket to the middle class for so many.
Hoyer says the Make It in America plan will aid manufacturers and create well-paying jobs for workers.
“You’ve proven you can make dreams possible for your members and their children,” Hoyer said. “Let’s keep working together.”
REP. SPENCER BACHUS (R-AL)
is serving his 10th term in the U.S. House of Representatives. Prior to his election in 1992, Bachus served in the Alabama House of Representatives and the State Senate and was the first Republican elected to the State School Board in more than 100 years. In the 112th Congress, Bachus is chairman of the House Financial Services Committee, which holds jurisdiction over the banking, securities, insurance, housing, and domestic and international monetary policy sectors. He authored the Fair and Accurate Credit Transactions (FACT) Act, which contains powerful identity theft protections and entitles consumers to a free copy of their credit report. Other major bills passed by Bachus include deposit insurance reform and Check 21. He graduated from Auburn University and the University of Alabama School of Law.
REP. SHELLEY MOORE CAPITO (R-WV)
Shelley Moore Capito represents the people of West Virginia's second Congressional District in the 112th Congress, where she has been an advocate for a range of policies that directly impact her constituents, including energy independence, quality healthcare, and the safety and security of our service men and women. Capito serves on the House Financial Services Committee as the chairman of the Subcommittee on Financial Institutions and Consumer Credit. She also sits on the House Committee on Transportation and Infrastructure. Capito has proudly served West Virginia in the U.S. Congress for more than 10 years. She graduated from Duke University with a bachelor's degree in Zoology and holds a master's degree in education from University of Virginia.
REP. STEVE CHABOT (R-OH)
Steve Chabot has proudly served Ohio's First Congressional District since being elected to Congress in 1994. A lifelong Cincinnatian, Chabot previously served as a Cincinnati City councilman and Hamilton County commissioner for four years on each prior to his move to Washington, D.C. He is one of Congress' leading advocates for fiscal responsibility, voting consistently to eliminate wasteful spending and reduce the excessive tax burden on hard-working Americans. Chabot serves on the Committee on the Judiciary, the Committee on Small Business and the Committee on Foreign Affairs (formerly the Committee on International Relations). He was named to the role of chairman of the Foreign Affairs Subcommittee on the Middle East and South Asia in 2011.
REP. JAMES CLYBURN (D-SC)
James Clyburn has represented South Carolina's Sixth Congressional District since first being elected to the House of Representatives in November 1992. As assistant Democratic leader in the 112th Congress, the number three Democrat in the House, Clyburn is the leadership liaison to the Appropriations Committee and one of the Democratic Caucus' primary liaisons to the White House. President Barack Obama has said he is, "One of a handful of people who, when they speak, the entire Congress listens." He was elected chairman of the Congressional Black Caucus in 1999, and his reputation as a leader and consensus-builder helped him to become the House Democratic Caucus vice chairman in 2002, and unanimously elected chairman three years later. Working with the internal caucuses, he plays a prominent role in messaging and outreach. When Democrats regained the House majority in 2006, Clyburn became the first South Carolinian to serve as majority whip.
REP. BARNEY FRANK (D-MA)
Barney Frank represents the Fourth Congressional District of Massachusetts, and is also the Ranking Member of the House Financial Services Committee. Last year he helped pass the Dodd-Frank Wall Street Reform and Consumer Protection Act, a new law that the Washington Post has called “the most sweeping overhaul of the nation's financial regulatory system since the Great Depression.” Frank began his career in the Massachusetts State House, where he served for eight years before winning a seat in the U.S. Congress in 1980. Although he is widely recognized for his work on national issues, Frank has also fought to help New Bedford fishermen, to bring commuter rail to the Southcoast, to provide affordable rental housing and to support many local organizations and businesses.
REP. JEB HENSARLING (R-TX)
Jeb Hensarling was elected by the state of Texas to the U.S. House of Representatives in 2002 and currently serves as the chairman of the House Republican Conference. As vice-chairman of the House Financial Services Committee, Hensarling is a leader on consumer choice, competitive markets and financial market regulation. He also serves as co-chairman of the Joint Select Committee on Deficit Reduction and was appointed by then Minority Leader John Boehner to serve on the President’s Debt Commission. Hensarling is a co-author of the Spending, Deficit, and Debt Control Act, a landmark budget reform bill that was heralded as the "Gold Standard" of budget enforcement legislation by a coalition of conservative groups. Other major bills passed by Hensarling include the Spending Limit Amendment, the Taxpayer Bill of Rights and The GSE Bailout Elimination and Taxpayer Protection Act. He earned his Bachelor's degree in Economics at Texas A&M University in 1979 and later went on to earn a law degree from the University of Texas in 1982.
REP. STENY HOYER (D-MD)
Steny Hoyer has built an outstanding record of achievement and earned a reputation as a strong leader and an able legislator. As House Democratic whip for the 112th Congress, Hoyer is the second-ranking member of the House Democratic leadership. He is charged with mobilizing the party vote on important legislation, acting as a liaison between members and the Democratic leadership, and coordinating strategy with the caucus. He has been one of the Congress's leading voices for fiscal responsibility. Hoyer shepherded the Americans With Disabilities Act (ADA). He drafted and secured passage of the Federal Employee Pay Comparability Act (FEPCA). Hoyer also is a widely respected voice on foreign policy and international affairs. He is the former chair and ranking Democrat on the Commission on Security and Cooperation in Europe. Hoyer is well recognized for his efforts to make the House more efficient and "customer friendly." As the former ranking Democrat on the Committee on House Administration, which oversees the internal operations of the House, he played an important role on election reform and campaign finance reform to enhancing the security of the Capitol complex in the aftermath of September 11.
SEN. TIM JOHNSON (D-SD)
Tim Johnson learned early the value of a good education and the necessity of hard work. He is a fourth-generation South Dakotan. Johnson began his political career in the South Dakota Legislature in 1978 and over the next eight years earned a reputation as a hardworking, effective author of sound fiscal and social policy. He was elected to the U.S. House of Representatives in 1986, serving five terms before being elected to the Senate in 1996. Johnson is chairman of the Banking, Housing and Urban Affairs Committee and serves the Appropriations Committee, the Energy and Natural Resources Committee and the Indian Affairs Committee.
REP. CAROLYN MALONEY (D-NY)
Carolyn Maloney was first elected to Congress in 1992 by the state of New York and is currently serving her ninth term in office. Maloney is a senior member of both the House Financial Services Committee and the House Oversight and Government Reform Committee. She also serves as Vice-Chair of the House Democrats' Steering and Policy Committee and is the immediate past Chair of the Joint Economic Committee, a House and Senate panel that examines and addresses the nation’s most pressing economic issues. In office, Carolyn has worked to modernize financial services laws and regulations, strengthen consumer protections and institute more vigilant oversight of the safety and soundness of our nation’s banking industry. Her Credit Cardholders’ Bill of Rights (the Credit CARD Act) protected consumers by enforcing credit card issuers to inform their customers of interest rate changes and was signed into law by President Obama in spring of 2009. Maloney is the first woman to represent New York’s 14th Congressional District, the first woman to represent New York City’s 7th Council district and was the first woman to Chair the Joint Economic Committee. Congresswoman Maloney graduated from Greensboro College with an AB in 1968.
REP. CAROLYN McCARTHY (D-NY)
Carolyn McCarthy is currently serving her eighth term in the U.S. House of Representatives. First elected in 1996, she has proudly represented Long Island for over 14 years. McCarthy serves as a senior member of the Committee on Education and Workforce. In this role she works to provide schools with the resources they need to educate our children and make college more affordable. McCarthy also serves on the Financial Services Committee where she played a pivotal role in the passage of the monumental Dodd-Frank Wall Street Reform Act. The Act ensures accountability and transparency of the financial system, while protecting consumers from abuses and fraud. Other major bills passed by McCarthy include the National Instant Criminal Background Check Database (NICS) Improvement Amendments Act and the Edward M. Kennedy Serve America Act. McCarthy also serves as a member of the Financial Institutions and Consumer Credit Subcommittee, and is the ranking member of the International Monetary Policy and Trade Subcommittee. Before representing the state of New York, McCarthy worked as a nurse for over 30 years.
REP. KEVIN McCARTHY (R-CA)
Kevin McCarthy is serving his third term representing the 22nd District of California in the U.S. House of Representatives. For the 112th Congress, McCarthy was elected by his colleagues to serve as the majority whip. McCarthy also serves on the Financial Services Committee. His rise in leadership has not gone unnoticed. Roll Call newspaper named McCarthy the 110th Congress' "Rookie of the Year." During the 110th Congress, McCarthy served on the following five standing House Committees: Financial Services, Homeland Security, Natural Resources, Agriculture, and House Administration. During his first term, McCarthy was one of only three Republicans appointed to serve on the House Administration Committee and became the ranking member on the Subcommittee on Elections.
SEN. RAND PAUL (R-KY)
Rand Paul is a hard-working, dedicated physician of ophthalmology, not a career politician. His entrance into politics is indicative of his life's work: a desire to diagnose problems and provide practical solutions. He serves on four committees, including Small Business and Entrepreneurship, and Homeland Security and Governmental Affairs. One of his first actions as senator was to introduce legislation allowing for a full audie of the Federal Reserve. This legislation is a Senate version of similar legislation long-championed by and introduced in the House of Representatives by his father, Rep. Ron Paul (R-TX). The Federal Reserve Transparency Act of 2011 would eliminate the current audit restrictions placed on the Government Accountability Office (GAO) and mandate a complete audit of the Federal Reserve. In 1995, Paul founded the Southern Kentucky Lions Eye Clinic, an organization that provides eye exams and surgery to needy families and individuals. Paul has provided free eye surgery to children from around the world through his participation in the Children of the Americas Program.
REP. ED ROYCE (R-CA)
Ed Royce is currently in his 10th term in the U.S. House of Representatives, elected by Southern California's 40th District. Prior to his election in 1992, Royce served in the California State Senate from 1982-1992. For the 112th Congress, Royce serves as a senior member of the Committee on Foreign Affairs where he has been named Chairman of the Subcommittee on Terrorism, Nonproliferation and Trade and a member of the Subcommittee on Asia and the Pacific. Royce also serves as a senior member of the Financial Services Committee where he sits on the Capital Markets and Government Sponsored Enterprises Subcommittee and the Financial Institutions and Consumer Credit Subcommittee. For more than a decade Royce has called for a stronger federal regulator to limit Fannie Mae and Freddie Mac's excessive risk-taking at the expense of taxpayers. In 2003, he was the first member of Congress to write legislation calling for a single regulator under the Treasury Department for the three housing government sponsored enterprises: Fannie Mae, Freddie Mac, and the 12 Federal Home Loan Banks. Other key bills passed by Royce include the Interstate Stalking Punishment and Prevention Act in the AMBER Alert legislation. A California native, Royce is a graduate of California State University, Fullerton, and School of Business Administration.
REP. BRAD SHERMAN (D-CA)
Brad Sherman represents California's San Fernando Valley, and has served in the U.S. House of Representatives since 1997. Sherman is a senior member of the House Foreign Affairs Committee and serves as the senior Democrat on the Subcommittee on International Terrorism, Nonproliferation and Trade. He is also a senior member of the Financial Services Committee. According to USA Today and The Washington Post, Sherman led the effort to prevent taxpayer dollars from being used for unlimited bailouts to Wall Street giants. In 2009, he took an important role in crafting legislation that ended bailouts putting taxpayers on the hook for risky Wall Street behavior, by successfully defeating the Treasury Department's proposal for permanent, unlimited TARP. A consumer rights advocate, Sherman was among the leaders behind the formation of the Consumer Financial Protection Bureau, which protects consumers from financial institutions issuing credit cards and offering costly overdraft protection. He led the effort to oppose the Bush Administration's TARP bailouts, all while championing financial reforms that would bring transparency to Wall Street.
SEN. JON TESTER (D-MT)
Jon Tester is known as a pioneer in ethics reform with his first act in Congress being the passing of the most sweeping ethics overhaul since the Watergate scandal. Tester is also the first U.S. Senator to post his daily schedule online and to conduct a self-imposed ethics audit of his office. Tester values integrity, common sense, transparency in government, and working across party lines to do what's right for Montana. He is a staunch supporter of Second Amendment rights, individual privacy, and public access to public land. Elected to the U.S. Senate in 2006, Tester is an outspoken leader for rural America, working families, small businesses and family agriculture. He serves on five Senate committees, including the influential Senate Appropriations Committee and the Banking, Housing, and Urban Affairs Committee. Prior to his election to Congress, Tester served two four-year terms in the Montana Legislature. In 2005, he was chosen to serve as the president of the Montana Senate.
SEN. MARK UDALL (D-CO)
Mark Udall was elected by the people of Colorado to the U.S. Senate in 2008. Prior to that, he represented the state’s 2nd Congressional District in the U.S. House of Representatives for five terms (from 1999-08). He also served one term in the Colorado State Legislature as a member of the General Assembly (1997-99). Udall actively serves on four committees in the U.S. Senate: Armed Services, Energy and Natural Resources, the Select Committee on Intelligence and the Special Committee on Aging. Udall champions many varied causes, working on ensuring environmental protections, promoting Colorado's aerospace, high-tech and renewable energy industries and encouraging policies to create private sector jobs. Not a newcomer to politics, his father, Morris “Mo” Udall, served in the U.S. House of Representatives for 30 years and ran for the Democratic nomination for President in 1976. Udall graduated from Williams College in 1972.
REP. MAXINE WATERS (D-CA)
Maxine Waters was elected in November 2010 to her eleventh term in the House of Representatives with an overwhelming 80 percent of the votes in the 35th District of California. She continues to be a senior member of the House Committee on Financial Services, serving as the ranking member of the Subcommittee on Capital Markets and Government Sponsored Enterprises. She also serves on the Subcommittee on Insurance, Housing and Community Opportunity, and the Subcommittee on Oversight and Investigations. She has led congressional efforts to mitigate foreclosures and keep families in their homes during the housing and economic crises. She authored the Neighborhood Stabilization Program, which provides grants to states, local governments, and nonprofits to fight foreclosures, home abandonment and blight and restore neighborhoods. Waters also serves on the House Committee on the Judiciary, where she sits on the Intellectual Property, Competition, and the Internet Subcommittee, and the Immigration Policy and Enforcement Subcommittee.
REP. ROB WOODALL (R-GA)
Rob Woodall serves in the U.S. House of Representatives on behalf of the Seventh Congressional District of Georgia. This is his first term in office and he currently serves on the House Committee on Rules and the House Budget Committee. While working for Congressman Linder, Woodall played an integral role in drafting, introducing and advocating for H.R. 25, The FairTax - a bill that would overhaul the entire United States tax code, starting with abolishing all income taxes and replacing them with one, revenue-neutral consumption tax on all goods and services. On January 3, 2011 – the first day of the 112th Congress, and his very first day in office – Woodall re-introduced H.R. 25 with a record number of original co-sponsors. He is committed to working on behalf of the Seventh District to restore a positive and fiscally responsible path for America. Woodall graduated from Marist School in 1988, attended Furman University for his undergraduate degree and received his law degree from the University of Georgia.