The Senate Appropriations Committee passed the Financial Services and General Government Act for Fiscal Year 2019 Thursday, a bill that includes CUNA-supported funding levels for several programs used by credit unions.
The House adjourned Thursday, putting off a vote on the Financial Services and General Government appropriations bill indefinitely. The bill contains a number of CUNA-backed regulatory relief provisions, and CUNA wrote a letter of support this week.
CUNA wrote to U.S. House leadership Wednesday, urging the legislative body to pass the Financial Services and General Government Act of 2017 (H.R. 5485). This week, the bill has seen action by the House Rules Committee and has amendments to be considered.
The U.S. House Rules Committee will consider what amendments to the Financial Services and General Government Appropriations bill (H.R. 5485) will receive a vote when the House of Representatives reviews the bill.
The U.S. House will consider its Financial Services and General Government (FSGG) Appropriations Act for 2017 (H.R. 5485) this week, among a number of other bills. The bill contains a number of CUNA-supported regulatory relief provisions.
The Senate Appropriations Committee unanimously passed its financial services and general government bill Thursday. The bill would create a new account called the Cybersecurity Enhancement Account, for which the committee recommended $47,743,000.
The U.S. House Financial Services will mark up a number of bills Wednesday, including the CUNA-supported Senior$afe Act of 2016. CUNA will also be monitoring markups of thee Senate financial services and general government draft bill.
The financial services and general government appropriations bill for fiscal year 2017 would reduce the regulatory burden on credit unions, ultimately benefiting consumers, CUNA told members of Congress Wednesday. The bill will be marked up Thursday.
On Thursday, the House Appropriations Committee will mark up the financial services and general government appropriations bill for fiscal year 2017, a bill with several CUNA-supported provisions. The bill would make several structural changes to the CFPB.
The House Appropriations subcommittee on financial services and general government will vote Wednesday on its draft appropriations bill, a draft that includes CUNA-supported provisions to improve the CFPB's structure, and important credit union grant programs.