DAVID SCOTT - CONGRESSMAN, REPRESENTING GEORGIA'S 13TH DISTRICT

Housing and Finance
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  • Scott Statement Supporting the Preserving Access to Manufactured Housing Act of 2017
    Posted in Speeches and Floor Statements on December 1, 2017 | Preview rr
    Tags: Housing and Finance

    Today Congressman David Scott (GA-13) delivered remarks on the House Floor in support of H.R. 1699. This bipartisan bill preserves access to manufactured housing, which accounts for 12% of the housing in Georgia. A video and transcript of Congressman Scott’s remarks are enclosed below. Click here to watch video of Congressman Scott’s remarks. Transcript: “Thank you so much, Ranking Member. I appreciate that. I want to deal with two things right quick in my two minutes. “First of all, manufacture... Read more

  • Statement Opposing 21st Century Flood Reform Act
    Posted in Press Release on November 14, 2017 | Preview rr
    Tags: Housing and Finance

    Today Congressman David Scott (GA-13) delivered the following remarks on the House Floor in strong opposition to H.R. 2874, the 21st Century Flood Reform Act. Click here to watch video of Congressman Scott’s remarks. Rep. Scott: Thank you ranking member Waters. First, it is very important for us to understand that flooding, Mr. Speaker, is no longer just a coastal lawmaker's problem. Flooding is now running rampant in every part of our country. So I think that every member on the floor today, ev... Read more

  • Scott Remarks at House Agriculture Hearing on “Clearing the Next Crisis: Resilience, Recovery and Resolution of Derivative Clearinghouses”
    Posted in Speeches and Floor Statements on June 27, 2017 | Preview rr
    Tags: Housing and Finance

    Congressman David Scott (GA-13) provided the following remarks during the House Agriculture Committee hearing to examine the work of regulators and market participants to safeguard derivative clearinghouses. Click here to watch video of Congressman Scott’s exchange with Mr. Scott A. Hill, Chief Financial Officer, Intercontinental Exchange, Atlanta, GA, and Mr. Jerrold E. Salzman, on behalf of CME Group. Rep. Scott: Thank you, Mr. Chairman. I want to ask several questions here. And let me just co... Read more

  • Statement: Financial Services Hearing on “U.S. Equity Market Structure Part I"
    Posted in Speeches and Floor Statements on June 27, 2017 | Preview rr
    Tags: Housing and Finance

    Congressman David Scott (GA-13) provided the following remarks during the House Financial Services Committee hearing to review the current state of the U.S. equity markets and review how the current structure has evolved since the enactment of the Securities Acts Amendments of 1975. Click here to watch video of Congressman Scott’s exchange with Matt Lyons, SVP and Global Trading Manager, The Capital Group, and Joseph Saluzzi, Partner, Themis Trading LLC. Rep. Scott: Thank you very much, Mr. Chai... Read more

  • Bipartisan Scott Amendment Passes As Part of Flood Insurance Reform Legislation
    Posted in Speeches and Floor Statements on June 21, 2017 | Preview rr
    Tags: Housing and Finance

    Congressman David Scott (GA-13) gave the following statement at the recent House Financial Services Committee Markup of Flood Insurance bills. Scott offered an amendment to greatly reduce installment plan fees for consumers who make monthly payments to purchase flood insurance. The amendment passed and was included as part of H.R. 1558, the Repeatedly Flooded Communities Preparation Act, which now leaves committee and moves to the full House of Representatives for consideration. Click here to wa... Read more

  • Scott Offers Amendment to Keep Flood Insurance Affordable at Financial Services Committee Markup
    Posted in Speeches and Floor Statements on June 15, 2017 | Preview rr
    Tags: Housing and Finance

    Congressman David Scott (GA-13) gave the following statement at the recent House Financial Services Committee Markup of seven Flood Insurance bills. Scott offered an amendment to eliminate installment plan fees for consumers who make monthly payments to purchase flood insurance: Click here to watch video of Congressman Scott’s remarks. "Thank you very much. Mr. Chairman, a few years back, I along with ranking member Maxine Waters, led the fight to help make a contribution to making flood insuran... Read more

  • Congressman David Scott Floor Remarks on Wrong Choice Act
    Posted in Speeches and Floor Statements on June 8, 2017 | Preview rr
    Tags: Small Business, Housing and Finance, Labor & Employment

    Today Congressman David Scott (GA-13) delivered the following remarks on the House Floor in strong opposition to the Republicans’ “Wrong Choice Act,” which would undo safeguards for American consumers implemented after the Great Recession. Click here to watch video of Congressman Scott’s remarks. “Ladies and gentlemen, I love this country. And the heart and soul of our country is our financial system and this bill is a dangerous bill to our economy. Let me tell you why. “First, of all, it takes ... Read more

  • Congressman David Scott Statement on Trump Administration’s 2018 Budget Proposal
    Posted in Press Release on May 23, 2017 | Preview rr
    Tags: Education, Healthcare, Taxes, Housing and Finance

    Today Congressman David Scott (D-GA) issued the statement below on President Trump’s 2018 budget proposal: “The President’s budget plan is neither fiscally nor morally responsible. It seeks to balance our nation’s budget on the backs of the poor, disabled, elderly, children, veterans, working families, and farmers of America. “The Trump budget calls for shocking cuts of more than $800 billion from Medicaid; $193 billion from the SNAP food stamp program; $72.5 billion for programs for disabled pe... Read more

  • Congressmen Scott and Pittenger Introduce Bipartisan Legislation to Clarify Commercial Real Estate Lending Rules
    Posted in Blog on April 26, 2017 | Preview rr
    Tags: Housing and Finance

    Today, Congressman David Scott (D-GA) and Congressman Robert Pittenger (R-NC) introduced bipartisan legislation to clarify and improve certain regulations which have created confusion and unnecessary costs in commercial real estate lending. In January 2015, the Federal Reserve and Office of the Comptroller of the Currency adopted regulatory capital rules related to “high volatility commercial real estate” (HVCRE). Despite repeated requests from community banks, other financial institutions, and ... Read more

  • Congressman David Scott Applauds Atlanta Federal Bank’s Historic Appointment of First African American President and Chief Executive Officer
    Posted in Press Release on March 13, 2017 | Preview rr
    Tags: Housing and Finance, Labor & Employment

    Today the Board of the Federal Reserve Bank of Atlanta announced its historic appointment of Dr. Raphael W. Bostic to become the 15th President and Chief Executive Officer, effective June 5, 2017. Congressman David Scott (GA-13) released the following statement upon hearing of the announcement: “I could not be more thrilled about today’s announcement regarding Raphael Bostic being named the next Atlanta Regional Bank President,” Said Scott. “This marks an historic event for our Federal Reserve S... Read more