Financial Services
Information regarding my stance on Financial Services issues.
Washington, DC – Today, the Office of Congressman Gregory W. Meeks announced that it is soliciting feedback from interested parties on a discussion draft of legislation that would expand the Federal Housing Administration (FHA)’s 203(k) Rehabilitation Mortgage Insurance Program (“Rehab Program”) to help homeowners that rent out their basements finance safety improvements of such dwellings, making them more habitable.
Seal of U.S. Securities and Exchange Commission
WASHINGTON, D.C. – Reps. Gregory W. Meeks (NY-05), Joyce Beatty (OH-03), Juan Vargas (CA-52), Steven Horsford (NV-04) issued a joint statement in response to the recent speech by Vice Chair for Supervision Barr on Basel III endgame:
WASHINGTON, D.C. - Reps. Gregory W. Meeks (NY-05), Joyce Beatty (OH-03), Juan Vargas (CA-52), and Steven Horsford (NV-04) were joined by more than 50 members of Congress in sending a letter to the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Commission, and the Office of the Comptroller of the Currency commenting on implementation of the Basel III agreement adjusting capital requirements for large U.S. banks.
Washington, D.C. – Today, Representatives Gregory W. Meeks and John Katko (NY-24), and U.S. Senators Jacky Rosen (D-NV) and Rob Portman (R-OH), applauded news that their bipartisan, bicameral Harriet Tubman Bicentennial Commemorative Coin Act has been signed into law by President Biden. This bill honors the life and legacy of Harriet Tubman with the creation of a series of commemorative coins that bear her image and are emblematic of her legacy.
WASHINGTON, D.C. – Today, the U.S. House of Representatives passed Rep. Gregory W. Meeks' bill that would close documented gaps in transparency around multi-class governance structures for the benefit of traditional investors.
Washington, DC - Yesterday, the Office of the Comptroller of the Currency (OCC) clarified its position on nonbank financial institutions obtaining national charters. Nonbank firms that are eligible for OCC charters include those engaged in the business of banking, including "fintech" firms that either receive deposits, pay checks, or lend money. Since 2016, Rep. Gregory W.
Washington, D.C.—U.S. Congressman Gregory W. Meeks, Senior Member of the House Financial Services Committee, introduced H. Res. 247, a resolution calling on the House to support the goals and ideals of Financial Literacy Month. Regarding the resolution's introduction, Congressman Meeks released the following statement: