Category Archives: Banking & Finance

H.R.3364 – Countering America’s Adversaries Through Sanctions Act

TheWeekInCongress.com (TM) Week ending July 28, 2017 H.R.3364 – Countering America’s Adversaries Through Sanctions Act Brief – The bill states its purpose “To provide congressional review and to counter aggression by the Governments of Iran, the Russian Federation, and North Korea, and for other purposes.” To that end – Iran. Not later than 180 days […]

H. J. RES. 111 Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to “Arbitration Agreements

TheWeekInCongress.com (TM) Week ending July 28, 2017 H. J. RES. 111 Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to “Arbitration Agreements”. Brief – Resolved by the Senate and House of Representatives of the United States of America in […]

H.R.2364 – Investing in Main Street Act of 2017

TheWeekInCongress.com (TM) Week ending July 28, 2017 H.R.2364 – Investing in Main Street Act of 2017 Brief – To help small businesses in obtaining venture capital and private equity, the SBA administers the SBIC program, which utilizes a privately-owned and SBA-licensed model. H.R. 2364, the “Investing in Main Street Act of 2017,” increases the amount […]

H.R.2056 – Microloan Modernization Act of 2017

TheWeekInCongress.com (TM) Week ending July 28, 2017 H.R.2056 – Microloan Modernization Act of 2017 Brief – ‘To assist small dollar borrowers, the Small Business Administration (SBA) offers the Microloan program, which was created in 1991 as a pilot program and was made permanent in 1997.’ ‘Through the Microloan program, the SBA works with nonprofit lending […]

H.R.2333 – Small Business Investment Opportunity Act of 2017

TheWeekInCongress.com (TM) Week ending July 28, 2017 H.R.2333 – Small Business Investment Opportunity Act of 2017 Brief – The bill amends the Small Business Investment Act of 1958 by increasing the Individual Leverage Limit from $150 million to $175 million for those participating in the Small Business Investment Company (SBIC) program. “The Individual Leverage Limit […]

H.R.1215 – Protecting Access to Care Act of 2017

TheWeekInCongress.com (TM) Week ending June 16, 2017 H.R.1215 – Protecting Access to Care Act of 2017 Brief – This bill generally limits awards for medical malpractice under specific circumstances; The bill report states its purpose – “The Protecting Access to Care Act’s reforms are premised on the need to provide checks and balances on otherwise […]

H.R.1109 – To amend section 203 of the Federal Power Act.

TheWeekInCongress.com (TM) Week ending June 16, 2017 H.R.1109 – To amend section 203 of the Federal Power Act. Brief – Under the bill the Federal Power Act is amended to require that any merger or consolidation of a public utility whose value exceeds $10 million must first be authorized by the Federal Energy Regulatory Commission. […]

HR 10 Minority Views

MINORITY VIEWS to HR 10 the Financial CHOICE Act of 2017   H.R. 10, the “Financial CHOICE Act” (herein called the “Wrong Choice Act”), will eliminate several of the most important aspects of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Wall Street Reform”). Wall Street Reform effectively addressed failures in the […]

S.722 – Countering Iran’s Destabilizing Activities Act of 2017

TheWeekInCongress.com (TM) Week ending June 9, 2017 S.722 – Countering Iran’s Destabilizing Activities Act of 2017 Brief – The bill defines and increases sanction on Iran related to its ballistic missile program and human rights behavior. Amended, the bill also brings further sanction on Russia and reaffirms the US committeemen to NATO Article 5 that […]

H.R.10 – Financial CHOICE Act of 2017

TheWeekInCongress.com (TM) Week ending June 9, 2017 H.R.10 – Financial CHOICE Act of 2017 Brief – The bill states its purpose “To create hope and opportunity for investors, consumers, and entrepreneurs by ending bailouts and Too Big to Fail, holding Washington and Wall Street accountable, eliminating red tape to increase access to capital and credit, […]