Housing

Congressman David Scott Bill on Financial Inclusion Advances from Financial Services Committee

| Posted in Press Releases
Tags: Housing

Today, the Financial Services Committee voted 55-0 to advance H.R. 4067, the Financial Inclusion in Banking Act, out of Committee for consideration by the full House of Representatives.  Earlier this year, Congressman David Scott (D-GA) and Congressman Sean Duffy (R-WI) introduced this bill to promote greater inclusion in our nation’s financial system. H.R. 4067 would empower the…

Congressman David Scott Introduces Legislation to Promote CFTC Diversity

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Tags: Housing

Today, Congressman David Scott, a senior member of the House Committee on Agriculture, introduced H.R. 4257, legislation to establish an Office of Minority and Women Inclusion at the U.S. Commodity Futures Trading Commission (CFTC).  Dodd-Frank’s passage in 2010 established Offices of Minority and Women Inclusion at the financial regulatory agencies, including the Department of the…

Congressman David Scott Introduces Bipartisan Bill to Improve Financial Inclusion

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Tags: Housing

Congressman David Scott (D-GA) and Congressman Sean Duffy (R-WI) recently introduced legislation to promote greater inclusion in our nation’s financial system. H.R. 4067, the Financial Inclusion in Banking Act, would empower the Consumer Financial Protection Bureau’s Office of Community Affairs to play the lead coordination role in investigating factors preventing financial…

Scott Bill to Preserve VA Home Loan Affordability Becomes Law

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Tags: Housing

Today, the Protecting Affordable Mortgages for Veterans Act was signed into law by the President. This bipartisan piece of legislation was introduced in the House by Congressman David Scott with Rep. Lee Zeldin (R-NY) on the House Financial Services Committee and Reps. Mike Levin (D-CA) and Andy Barr (R-KY) of the House Committee on Veterans’ Affairs, as well as in the Senate by Sens.…

Congressman David Scott Applauds House Passage of Bipartisan Legislation to Keep Mortgages Affordable for Veterans

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Tags: Housing

Today, the House of Representatives passed H.R. 1988, the Protecting Affordable Mortgages for Veterans Act of 2019. This bipartisan piece of legislation, introduced by Congressman David Scott with Rep. Lee Zeldin (R-NY) of the Financial Services Committee and Reps. Mike Levin (D-CA) and Andy Barr (R-KY) of the Veterans’ Affairs Committee, provides a technical fix critical to maintaining…

Congressman David Scott Statement at Committee Markup on Legislation Ensuring Affordable Mortgages for Veterans

| Posted in Speeches and Floor Statements

Today, Congressman David Scott (GA-13) delivered the following statement at a full House Financial Services Committee Markup on H.R. 1988, the Protecting Affordable Mortgages for Veterans Act of 2019.   Sponsored by Congressman Scott and Reps. Mike Levin (D-CA) and Andy Barr (R-KY), the bipartisan legislation provides a technical fix critical to maintaining liquidity in the…

Representatives David Scott and Denver Riggleman Introduce Bipartisan Bill Improving Rural Families’ Access to Electricity

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Today Congressman David Scott, joined by Congressman Denver Riggleman (R-VA-5), introduced H.R. 2391, the “Improving Rural Access to Power Act of 2019.”  This important legislation would make it easier for rural electric cooperatives, which are major electricity suppliers for rural areas, to access the capital necessary to serve their communities, families, and businesses. H.R.…

Congressman David Scott Named Co-Chair of Bipartisan Congressional FinTech and Payments Caucus

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Today, Congressman David Scott (GA-13) was named co-chair of the bipartisan Congressional FinTech and Payments Caucus (CFTPC) for the 116th Congress and for the third consecutive term.  As one of the original founders of the Congressional FinTech and Payments Caucus (CFTPC), Congressman Scott is proud to welcome fellow Georgia Congressman Barry Loudermilk (GA-11) as a new caucus…

Congressman David Scott (D-GA) and Congressman Barry Loudermilk (R-GA) Introduce Bipartisan Legislation Setting up Federal Financial Regulatory Clarity for Startup Fintech Companies

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Tags: Housing

Today Congressman David Scott (GA-13), a senior member of the House Financial Services Committee and Co-Chairman of the bipartisan Fintech and Payments Caucus, and Congressman Barry Loudermilk (GA-11) introduced H.R. 1491, the FINTECH Act of 2019. Congressman Scott said, “My home state of Georgia is a dynamic, fast-growing national leader of fintech and payment companies, and it is…

Congressman David Scott Introduces Legislation to Strengthen Underbanked Communities

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Tags: Housing

Today Congressman David Scott (GA-13) introduced legislation to better address the needs of “under-banked, un-banked, and underserved” communities in America. The Improving Access to Traditional Banking Act of 2019 will direct the Consumer Financial Protection Bureau (CFPB) to thoroughly investigate and report to Congress recommendations on how to lessen Americans’ reliance on…