CARES Act, NDAA consideration hearings scheduled this week

The House of Representatives will consider a continuing resolution to fund the federal government, preventing a government shutdown ahead of the Dec. 3 deadline. The Senate will resume consideration of H.R. 4350, the National Defense Authorization Act (NDAA). A joint trade letter was sent earlier this month highlighting provisions. The letter supports the inclusion of several priorities, including The Secure and Fair Enforcement (SAFE) Banking Act and remote notary language.

Hearings CUNA will be engaged with this week include:

  • Tuesday, 10 a.m. ET: Senate Banking, Housing, and Urban Affairs Committee hearing, “CARES Act Oversight of Treasury and the Federal Reserve: Building a Resilient Economy.”
  • Wednesday, 10 a.m. ET: House Committee on Financial Services hearing, “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response.”

 

continue reading »