WASHINGTON (11/3/15)--CUNA witness testimony on the regulatory burdens facing small businesses highlights a busy schedule this week in Congress.
Robin Simmers, president/CEO of Pahranagat Valley FCU, Alamo, Nev., will testify before the U.S. House Small Business subcommittee on investigations, oversight and regulations in a field hearing titled “Regulatory Overload: The Effects of Federal Regulation in Small Firms.”
The hearing will take place in Las Vegas and is scheduled to begin at 2 p.m. (ET).
The House will also be considering legislation related to the Highway Trust Fund Act, as well as the National Defense Authorization Act.
“We will be closely following the amendment process to both bills,” said CUNA Chief Advocacy Officer Ryan Donovan. “Several financial services amendments have already been filed in the Rules Committee on the Highway Trust Fund bill, and the Defense Authorization Act has been used in recent years as a vehicle for financial services policy.”
Of the more than 80 amendments filed in the House Rules Committee for the Highway Trust Fund bill, CUNA strongly supports two. Both correspond with pieces of legislation CUNA supports.
If the amendments are made in order, CUNA will send a letter of support to the House reiterating its strong support.
CUNA will also be monitoring the following hearings:
In addition, the House Republican Steering Committee will meet Wednesday to choose a new chair of the House Ways and Means Committee. The chair position became open after former chair Rep. Paul Ryan (R-Wis.) was named speaker of the House.