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… Read more »
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… Read more »
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… Read more »
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.… Read more »
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… Read more »
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… Read more »
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.… Read more »
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… Read more »
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… Read more »
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… Read more »