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:

• Tuesday, 10 a.m. (ET) House Financial Services subcommittee on oversight and investigations hearing, “The Administration of Disaster Recovery Funds in the Wake of Hurricanes Harvey, Irma, and Maria;”
• Tuesday, 2 p.m. (ET): House Oversight and Reform subcommittee on economic and consumer policy hearing, “Improving Data Security at Consumer Reporting Agencies;”
• Tuesday, 2:30 p.m.: Senate Commerce subcommittee on manufacturing, trade, and consumer protection hearing, “Small Business Perspectives on a Federal Data Privacy Framework,”
• Wednesday, 10 a.m. (ET): House Ways and Means Committee hearing: “The 2017 Tax Law and Who It Left Behind.”