Markup of Various Measures (EventID=118373)

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Connect with the House Financial Services Committee » Get the latest news: https://democrats-financialservices.house.gov/ » Follow us on Facebook: https://www.facebook.com/USHouseFSC » Follow us on Twitter: https://x.com/USHouseFSC » Follow us on Instagram: https://www.instagram.com/ushousefsc/ » Follow us on Bluesky: https://bsky.app/profile/ushousefsc.bsky.social ___________________________________ » Subscribe: https://www.youtube.com/@USHouseFSC?sub_confirmation=1 ___________________________________ The full Committee will convene to mark up the following measures, in an order to be determined by the Chairman at 10:00 am E.T. on Tuesday, June 10, 2025, and subsequent days if necessary, in room 2128 of the Rayburn House Office Building. ___________________________________ Legislation: 1. H.R. 225, the HUD Transparency Act of 2025 (Rep. De La Cruz) 2. H.R. 2808, the Homebuyers Privacy Protection Act (Rep. Rose) 3. H.R. 2835, the Small Bank Holding Company Relief Act (Rep. Donalds) 4. H.R. 3633, the Digital Asset Market Clarity (CLARITY) Act of 2025 (Rep. Hill/ Rep. Thompson) 5. H.R. 3645, the Amendment for Crowdfunding Capital Enhancement and Small-business Support (ACCESS) Act (Rep. Meuser) 6. H.R. 3672, the Securities Research Modernization Act (Rep. Williams) 7. H.R. 3709, the Advancing the Mentor-Protégé Program for Small Financial Institutions Act (Rep. Beatty) 8. H.R. 3716, the Systemic Risk Authority Transparency Act (Rep. Green) ____________________________ H.R. 225, the HUD Transparency Act of 2025 (De La Cruz) H.R. 225, the HUD Transparency Act of 2025, was introduced on January 7, 2025, by Rep. Monica De La Cruz and currently has 10 cosponsors. H.R. 225 requires annual testimony from the Department of Housing and Urban Development (HUD) Inspector General (IG) by October 1 of each year before the House Committee on Financial Services (Committee) and Senate Committee on Banking, Housing, and Urban Affairs Committees (Senate Banking). In the 118th Congress, an identical version of H.R. 225 passed the House on suspension by voice vote. H.R. 225 requires the IG to testify annually before the Committee and Senate Banking, prior to the start of each new fiscal year on October . H.R. 2808, the Homebuyers Privacy Protection Act (Rose) H.R. 2808, the Homebuyers Privacy Protection Act, was introduced on April 10, 2025 by Rep. John Rose (R-TN) and has 27 original cosponsors. Rep. Ritchie Torres (D-NY) is the Democratic co-lead for the legislation, which has a Senate companion led by Senator Jack Reed (D-RI) and Senator Bill Hagerty (R-TN). The bill was attached to the April 29, 2025, hearing titled “Regulatory Overreach: The Price Tag on American Prosperity.” H.R. 2808 would amend the Fair Credit Reporting Act (FCRA) to limit the ability of credit reporting agencies (CRAs) to sell trigger leads to mortgage brokers and lenders when a consumer’s credit report is pulled in relation to a mortgage loan application. Specifically, this bill would prohibit trigger leads unless a third-party company provides documentation demonstrating the consumer’s consent, or the purchaser of the trigger lead is the originator or servicer of the consumer’s current residential mortgage or is an insured depository institution or credit union that maintains a current account for the consumer. H.R. 2835, the Small Bank Holding Company Relief Act (Donalds) H.R. 2835, the Small Bank Holding Company Relief Act, was introduced on April 10, 2025, by Rep. Byron Donalds (R-FL) and has five cosponsors. The bill was attached to the February 5, 2025, hearing titled “Make Community Banking Great Again.” H.R. 2835 raises the Federal Reserve’s consolidated asset threshold under the Small Bank Holding Company and Savings and Loan Holding Company Policy Statement (“Policy Statement”) to $25 billion from $3 billion. In 2018, Congress passed the Economic Growth, Regulatory Relief, and Consumer Protection Act (S.2155), which raised this threshold to $3 billion from $1 billion. This bill allows small bank holding companies (BHCs) to operate with higher levels of debt than would be allowed for larger bank holding companies. This bill does not change capital rules and regulations for subsidiary banks. In the 118th Congress, a previous version of this bill, which raised the threshold to $10 billion, was reported favorably to the House, included as a title in H.R. 8337, by a recorded vote of 24 ayes to 22 nays. H.R. 3633, the Digital Asset Market Clarity (CLARITY) Act of 2025 (Hill/Thompson) H.R. 3633, the Digital Asset Market Clarity (CLARITY) Act of 2025, was introduced on May 29, 2025, by Chairmen Hill and Thompson with Reps. Craig, Emmer, Johnson (SD), Davis (NC), Steil, Torres, and Davidson. This bill was attached to the June 4, 2025, hearing titled “American Innovation and the Future of Digital ... ___________________________________ Markup page: https://democrats-financialservices.house.gov/events/eventsingle.aspx?EventID=413441