Both chambers of Congress are in session this week, and CUNA will be engaged with a number of hearings and other meetings throughout the week. These include a Wednesday markup of several bills by the Senate Commerce Committee, bills that include the Telephone Robocall Abuse Criminal Enforcement and Deterrence (TRACED) Act (S. 151).
The TRACED Act aims to combat illegal robocalls, but CUNA has several concerns with the bill, including a lack of clarity on what constitutes “legal” calls and on any potential safe harbors.
The House Ways and Mean Committee will also mark up several bills Tuesday, including the Taxpayer First Act of 2019 (H.R. 1957). The bill includes several measures designed to protect taxpayers from unfair practices and improve Internal Revenue Services operations and includes provisions related to suspected or actual “structuring transactions” and their treatment under the Bank Secrecy Act.
Other hearings CUNA is engaged with this week include: