WASHINGTON–Here’s what’s on the agenda in Washington this week that’s of interest to credit unions:
- The Senate Finance Committee today will hold a hearing on the prospects and challenges of comprehensive tax reform. Comments are due today on a June request by Chairman Orrin Hatch (R-UT) for collecting ideas, proposals and feedback on how to improve America's tax system. A House Ways and Means Committee hearing Wednesday will address how simplifying the tax code will help individuals and families
- On Tuesday, the House Financial Services Subcommittee on Terrorism and Illicit Finance will hold a hearing on managing terrorism financing risk in remittances and money transfers
- A nominations hearing today by the Senate Banking Committee will include testimony from Christopher Campbell, nominated to be Treasury Assistant Secretary for Financial Institutions. Campbell is staff director for Senate Finance Committee Republicans
- On Wednesday, the House Financial Services Subcommittee on Oversight and Investigations will look at congressional oversight of independent regulatory agencies
- The Senate Commerce, Science, and Transportation Committee on Wednesday will hold a hearing for several Federal Communications Commission nominees, including Brendan Carr, who President Donald Trump nominated to serve the remainder of a five-year term expiring next June and an additional five-year term expiring June 2023. Carr is currently the FCC’s general counsel
- NAFCU Regulatory Affairs Counsel Ann Kossachev is speaking at an Urban Institute event Wednesday on serving the underserved under the Federal Housing Finance Agency's duty-to-serve rule
- On Thursday NAFCU witness Chuck Purvis, president and CEO of Coastal Federal Credit Union, will testify before the Senate Banking Committee on housing finance reform. At the same meeting, Tim Mislansky, senior vice president and chief lending officer, Wright-Patt CU, and president, myCUmortgage LLC, Beavercreek, Ohio, will testify on behalf of CUNA.