Both chambers of Congress are back in Washington, D.C. this week and there are several notable meetings scheduled of interest to credit unions. This includes a markup of a CUNA-supported bill and a two-day hearing on housing finance reform.
On Tuesday, the House Financial Services Committee will conduct a markup of several bills, including one supported by CUNA that would give credit unions and other financial institutions the ability to serve cannabis-based businesses in places where it is legal.
CUNA has written in support of the Secure and Fair Enforcement (SAFE) Banking Act (H.R. 1595), and a witness testified on CUNA’s behalf in February about the need for such a bill.
The markup is scheduled to begin Tuesday at 2 p.m. (ET).
In addition, the Senate Banking Committee will conduct a two-day hearing examining Chair Sen. Mike Crapo’s (R-Idaho) outline for housing finance reform. The hearing will begin at 10 a.m. (ET) on Tuesday and Wednesday.
Hearings CUNA is engaged with this week include: