Senate CR vote, fintech, PPP hearings set this week

September 28, 2020

The Senate is expected to vote on funding for the federal government past Sept. 30 this week, and CUNA will be engaged with several hearings as well.

The House approved a continuing resolution last week that would fund the government through Dec. 11 and would fund the National Flood Insurance Program through September 2021. The Senate is expected to vote on the bill in the coming days.

Hearings CUNA is engaged with this week include:

  • House Financial Services Committee Task Force on Financial Technology hearing, “License to Bank: Examining the Legal Framework Governing Who Can Lend and Process Payments in the Fintech Age;”
  • House Small Business subcommittee on investigations, oversight and regulations hearing, “Preventing Fraud and Abuse of PPP and EIDL: An Update with the SBA Office of Inspector General and the Government Accountability Office.”