Let's be clear. This Wall Street wish list bill is going nowhere in the Senate, but we have several bipartisan bills that support small businesses and retail investors that actually have a chance of getting into law. Chair McHenry and I have worked together for several years on legislation to strengthen our capital markets, going back to the JOBS Act and our efforts on crowdfunding and legislation to support angel investors. In fact, this Congress, we worked extensively together on 13 bipartisan bills, including my bill, H.R. 2796, the Promoting Opportunities for Non-Traditional Capital Formation Act, which requires the SEC's Office of the Advocate for Small Business Capital Formation to provide educational resources and host events to promote capital- raising options for underrepresented small businesses and businesses in rural areas and to meet annually with representatives of State securities commissions; Mr. Meeks' bill, H.R. 2795, the Enhancing Multi-Class Share Disclosures Act, which requires an issuer with the multi-class share structure to disclose certain information regarding the voting power of specified persons; Mr. Himes' bill, H.R. 2812, the Middle Market IPO Underwriting Cost Act, which requires the SEC to study the costs encountered by small- and medium-sized companies when undertaking initial public offerings and certain offerings exempt from securities registration requirements; and Mr.…
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And Members, I think Mr. Hill said many banks do not charge overdraft fees. Then why are they opposed to $5? Mr. Speaker, I yield 1 minute to the gentlewoman from Massachusetts (Ms. Pressley).
On that I demand the yeas and nays. The yeas and nays were ordered. The SPEAKER pro tempore. This is a 5-minute vote. The vote was taken by electronic device, and there were--yeas 269, nays 149, not voting 12, as follows: [Roll No. 415]…
I want to highlight just how rushed the process for this bill has been. I remind my colleagues that this bill was only introduced 5 days ago, on Friday of last week. The notice of the Rules Committee hearing for this bill went out the same…
The CFPB has ordered institutions like Navy Credit Federal Union, Regions Bank, and Atlantic Union to refund millions of dollars to customers who've been harmed by the bank's illegal surprise overdraft fees.





