CUNA engaged with FY2021 appropriations hearings this week

March 2, 2020

Both chambers of Congress are in Washington, D.C. this week and CUNA will be engaged with a number of hearings covering credit union priorities. Appropriations bills for fiscal year 2021 will be the subject of several hearings.

On Wednesday, the House Appropriations subcommittee on financial services and general government (FSGG) will conduct a hearing on its legislation. FSGG bills contain appropriations for several important credit union funds, including the Treasury’s Community Development Financial Institution (CDFI) Fund, NCUA’s Community Development Revolving Loan Program, and the Small Business Administration’s 7(a) and 504 loan programs.

Other hearings CUNA will be engaged with this week include:

  • Tuesday, 9 a.m. (ET): House Ways and Means Committee hearing, proposed FY2021 budget for the U.S. Treasury;
  • Tuesday, 10 a.m. (ET): House Appropriations subcommittee on state, foreign operations and related programs hearing, “United States Agency for International Development (USAID) Budget Request for FY2021;”
  • Wednesday, 10 a.m. (ET): House Financial Services subcommittee on national security, international development and monetary policy hearing, ““The Traffickers' Roadmap: How Bad Actors Exploit Financial Systems to Facilitate the Illicit Trade in People, Animals, Drugs, and Weapons;”
  • Wednesday 11:30 a.m. (ET), House Small Business Committee hearing, “Building Blocks of Change: The Benefits of Blockchain Technology for Small Business;”
  • Thursday 10 a.m. (ET), Senate Banking Committee hearing, “Threats Posed by State-Owned and State-Supported Enterprises to Public Transportation;"
  • Friday, 10 a.m. (ET) House Financial Services subcommittee on consumer protection and financial institutions field hearing, “Modern-Day Redlining: the Burden on Underbanked and Excluded Communities in New York.”

Additional details can be found on CUNA’s Removing Barriers Blog.