WASHINGTON, April 27 -- Sen. Ted Budd, R-North Carolina, issued the following news release on April 26, 2023: Senator Ted Budd (R-NC) introduced the Federal Employee Student Debt Transparency Act. He was joined by Sens. Mike Braun (R-IN) and Roger Marshall (R-KS). The bill would require all political appointees and Senior Executive Service employees to disclose balances for all federal student loans. This would apply to employees that have a direct role in the political and policy functions of  more

WASHINGTON, April 27 -- Rep. Mike Flood, R-Nebraska, issued the following news release: U.S. Congressman Mike Flood delivered opening remarks on the Equal Opportunity for All Investors Act of 2023 at a House Financial Services Committee Markup. Earlier this week, Congressman Flood (R-Nebraska) and Congressman Wiley Nickel (D-North Carolina) introduced H.R. 2797, also known as the Equal Opportunity for All Investors Act of 2023. Right now, an individual or business must meet one of a number of  more

WASHINGTON, April 27 -- Rep. Chuck Edwards, R-North Carolina, issued the following statement on April 26, 2023: * * * Congressman Chuck Edwards (NC-11) issued the following statement today after voting for H.R. 2811, the Limit, Save, Grow Act of 2023, House Republican legislation to address the debt ceiling and rein in government spending. The Limit, Save, Grow Act would raise the debt ceiling while limiting federal spending, saving taxpayer money and boosting economic growth. * * * Edwards   more

WASHINGTON, April 27 -- Rep. Chuck Edwards, R-North Carolina, issued the following news release: Congressman Chuck Edwards (R-NC-11) and Congressman Chris Pappas (D-NH-01) introduced H.R. 2830, the Veteran Improvement Commercial Driver License Act of 2023, to eliminate red tape that excludes veterans from accessing commercial driver-education programs using their GI Bill benefits. Congressman Eli Crane (R-AZ-02) and Congresswoman Abigail Spanberger (D-VA-07) joined as original co-sponsors of th  more

WASHINGTON, April 27 -- Rep. Virginia Foxx, R-North Carolina, chairwoman of the House Education and the Workforce Committee, issued the following news release: Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) sent a follow-up letter to Acting Secretary Su to ask whether she plans to accept Chairwoman Foxx's invitation to testify before the Committee on May 17. Chairwoman Foxx sent the initial request on April 18, detailing the Department of Labor's lack of responsiveness an  more

WASHINGTON, April 27 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following news release: The House Financial Services Committee is holding a markup of capital formation and Consumer Financial Protection Bureau (CFPB) reform legislation. The Committee will consider proposals that strengthen public markets, help small businesses and entrepreneurs, and create opportunities for all investors. The Committee will also consider a measure  more

WASHINGTON, April 27 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following statement on April 26, 2023: * * * The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after House Republicans passed the Limit, Save, Grow Act to responsibly raise the debt ceiling while limiting federal spending, saving taxpayer money, and growing the economy. "It's critical that we raise the d  more

WASHINGTON, April 27 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following news release: House Financial Services Committee Chairman Patrick McHenry (NC-10), Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill (AR-02), and Oversight and Investigations Subcommittee Chairman Bill Huizenga (MI-04) sent letters to the Chair of the Board of Governors of the Federal Reserve System, Jerome Powell, Chairma  more

WASHINGTON, April 27 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following news release: Committee Republicans reported 14 legislative proposals out of Committee that strengthen public markets, help small businesses and entrepreneurs, and create opportunities for all investors. Lawmakers passed an additional measure that brings accountability and transparency to the Consumer Financial Protection Bureau (CFPB). More information o  more

WASHINGTON, April 27 -- Rep. Virginia Foxx, R-North Carolina, chairwoman of the House Education and the Workforce Committee, issued the following news release: On the House Floor, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) spoke in support of the Limit, Save, Grow Act. Title II of the bill nullifies Biden's repayment pause, student loan debt cancellation, and radical Income-Driven Repayment regulation. Chairwoman Foxx remarks: "America's position as the most trusted  more

WASHINGTON, April 27 -- Rep. Patrick T. McHenry, R-North Carolina, issued the following news release on April 26, 2023, and letter: Yesterday, the Chairman of the House Financial Services Committee, Congressman Patrick McHenry (NC-10), sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson. Congressman McHenry blasted the FHFA's recent changes to the loan level pricing adjustment (LLPA) structure that amounts to a tax on creditworthy homebuyers to subsidize those with r  more

WASHINGTON, April 27 -- Rep. Patrick T. McHenry, R-North Carolina, issued the following statement on April 26, 2023: * * * Congressman Patrick McHenry (NC-10) released the following statement on the House passage of H.R. 2811, the Limit, Save, Grow Act of 2023. This bill would raise the debt ceiling responsibly, cut government spending, and grow our economy. "It's critical that we raise the debt ceiling with as little brinksmanship as possible. Unfortunately, President Biden and Congressional  more

WASHINGTON, April 27 -- Rep. Wiley Nickel, D-North Carolina, issued the following news release on April 26, 2023: In a huge accomplishment, U.S. Representative Wiley Nickel (NC-13) advanced two bipartisan bills through the House Financial Services Committee today. The Nickel-backed bills, the Improving Disclosures for Investors Act and the Equal Opportunity for All Investors Act, were voted through with support from both Democrats and Republicans during a full Financial Services Committee mark  more

WASHINGTON, April 27 -- Sen. Eric Schmitt, R-Missouri, issued the following news release and letter on April 26, 2023: Senator Eric Schmitt joined Senator Roger Marshall of Kansas and Senator Thom Tillis of North Carolina in penning a letter to Biden's Federal Housing Finance Agency (FHFA) Director Sandra Thompson expressing outrage over a new rule that penalizes fiscally responsible Americans to subsidize high risk borrowers who have low credit scores: "This backwards mortgage policy is funda  more

WASHINGTON, April 27 -- Sen. Thom Tillis, R-North Carolina, issued the following news release and letter on April 26, 2023: U.S. Senators Thom Tillis (R-NC) and Roger Marshall, M.D. (R-KS) led a letter with 16 Republican senators to the Biden Administration's Federal Housing Finance Agency (FHFA) Director Sandra Thompson expressing outrage at Thompson's proposal to penalize Americans who have managed their money responsibly in order to subsidize high-risk borrowers with low credit. "This propo  more