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Banking & Financial Services Legislative Alerts
Jason Hughey Monday marked the three-year anniversary of the Senate’s passage of the Durbin Amendment as an attachment to the Dodd-Frank Act of 2010. The amendment prevented banks from charging more than 24 cents per debit card transaction. Before Durbin, banks were charging roughly 44 cents per debit card transaction. In the aftermath of the [...]
Jason Hughey Last week, President Obama appointed Congressman Mel Watt from North Carolina to be the new director of the Federal Housing Finance Agency (FHFA). If Congress confirms Watt’s appointment, he will replace FHFA’s acting director, Ed DeMarco. This is a major development for federal housing policy because Watt will likely reverse DeMarco’s stance against [...]
AFP supports the EPA Fair Play Act (S. 830), which would prevent the EPA from retroactively vetoing permits, bringing more permanency and certainty in the permitting process.
Today Americans For Prosperity led a coalition of organizations in encouraging Congress to include taxpayer protections to the Supplemental Nutrition Assistance Program (SNAP) in the Farm Bill.
By Jason Hughey In the State of the Union speech last night, President Obama talked big on higher education. He addressed issues of cost and quality. He reminded us that “most young people will need some higher education” and consequently spoke of his desire to lower the cost of college. He blamed colleges for raising [...]