Financial Services Report (4/19)

Our Take Last week a bipartisan bill, H.R. 1737, which had been reported out of the Financial Services Committee with a majority of Democrats in support, passed the House by a vote of 332-96. (more on this bill below)   By all accounts, this bill should be hailed as an example of how Congress should […]

Looking Ahead Near Term The Senate is in for an abbreviated session and will take up the revised NDAA as well as the Military Construction-Veterans Affairs spending bill.  The House in Recess, returning for votes on the 17th Further Out House calendar for next year released. Senate calendar for next year released. Funding for the […]

​Looking Ahead Near Term On Tuesday the Financial Services Committee Meets to mark-up the following bills H.R. 1309, the “Systemic Risk Designation Improvement Act of 2015” H.R. 1478, the “Policyholder Protection Act of 2015” An Amendment in the Nature of a Substitute expected to be offered by Mr. Posey is being distributed with this notice.  Members wishing […]

Our Take After a week of contemplation, and speculation, Representative Paul Ryan is set to become the next Speaker of the House of Representatives and the first person from Wisconsin to hold that position.  The House Republican Conference is set to vote Wednesday, with a vote in the full House on Thursday.  Unless another bombshell […]

Our Take Last week’s turbulence in the expected ascension of Kevin McCarthy to Speaker, not only threw the House into disarray, but was also was one of those moments when you realize we are living through history.  Outside of the drama surrounding McCarthy’s decision and what it means for the Republicans in the House, the […]

Our Take   Looking Ahead Near Term Republican Conference elections on Thursday (though maybe just for Speaker) House will take up a series of Financial Services related bills on the suspension calendar on Tuesday including: H.R. 2091 – Child Support Assistance Act of 2015 H.R. 1553 – Small Bank Exam Cycle Reform Act of 2015 […]

Our Take Speaker Boehner’s announcement on Friday that he would resign from Congress on October 30th may have been one of the ultimate profiles in political courage.  Whether or not he could have ultimately prevailed in the vote to vacate the chair we will never know.  But by stepping down at the end of the […]

Looking Ahead Near Term This is a short, but critically important week if the Government is not going to shut down when the current funding bill expires on September 30th.  Both Houses will postpone votes until Thursday and Friday because of the Yom Kippur holiday and the visit from the Pope, but we may see […]

Looking Ahead Near Term The House is expected to take up two bills related to abortion before possibly considering a continuing resolution that may likely include language eliminating federal funding for Planned Parenthood. The Senate is expected to spend the majority of the week continuing to debate the Iran Nuclear Agreement. The House Financial Services […]

Our Take Since the first session of the 114th Congress convened back in January we’ve made it clear that this year’s Congressional agenda would be dictated by deadlines. While the Congress and the Administration were able to successfully deal with a few of these, most were punted until the end of September and October, leaving […]

Our Take Last week Treasury Secretary Lew sent a letter to Congress letting them know that the Treasury’s extraordinary measures used to stave off default would likely expire around the end of October all but ensuring that we will once again see a conflation of the congressional effort to resolve the debt limit tied into […]

Looking Ahead Near Term The House Financial Services Committee continues its nostalgic review of Dodd-Frank with a hearing on Tuesday.  Later that afternoon the Committee will mark-up the following bills: