We must hold China accountable to end money laundering and stop criminal actors.
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Financial Services GOP
21K posts
Financial Services GOP
@FinancialCmte
U.S. House Committee on Financial Services Republicans – Chairman @RepFrenchHill
- Financial Services GOP reposted
Homeownership is a cornerstone of the American Dream. In CA, the cost of reaching that dream has skyrocketed. Our district’s median home price now exceeds $1.2 million. I helped advance the 21st Century ROAD to Housing Act to increase housing & make homeownership attainable 
National Homeownership Month underscores the importance of expanding access to affordable housing and creating pathways to homeownership. Through initiatives like the House's bipartisan 21st Century ROAD to Housing Act, the Committee is working to increase housing supply, reduce
- Financial Services GOP reposted
This week, I met with the Financial Services Institute in my D.C. office. We discussed my work on @FinancialCmte and how we can continue building on our efforts to expand opportunity for American families.
- WATCH: @RepTimmons on whether the CBDG-DR’s current structure is working: “Over the last three decades, congress has appropriated more than $100 billion through CDBG-DR, yet concerns persist about delays, administrative complexity, overlapping responsibility, and oversight
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Today in the @FinancialCmte, I questioned witnesses on how to make federal disaster recovery faster, simpler, and more accountable. Victims of natural disasters deserve assistance that is easy to navigate, not duplicative programs, added bureaucracy, and unnecessary delays.WATCH: @RepTroyDowning on HUD’s role in disaster aid: “Victims of natural disasters, they expect the deployment of federal assistance to be as seamless as possible, with guardrails as appropriate. And like most federal programs, there are inefficiencies that need to be addressed
00:00 - WATCH: @RepTroyDowning on HUD’s role in disaster aid: “Victims of natural disasters, they expect the deployment of federal assistance to be as seamless as possible, with guardrails as appropriate. And like most federal programs, there are inefficiencies that need to be addressed00:00
- WATCH: @RepMonicaDLC on concerns with Sec. 501 of the Senate’s version of the 21st Century Road to Housing Act: “The Senate's version of the 21st Century ROAD to Housing Act included a proposal to codify the CDBG-DR program. I've had extensive outreach on this proposal,
00:00 - WATCH: @RepJohnRose on CDBG-DR failures: “The Community Development Block Grant Disaster Recovery … program is slow, duplicative, and routinely fails the very people it is supposed to help. Communities don't need a second clunkier system layered on top of the first. They need
00:00 - Financial Services GOP reposted
Yesterday, I questioned experts from the CIA, U.S. Treasury, and others during my @FinancialCmte Subcommittee hearing on Chinese money laundering networks that are financing drug traffickers like the Sinaloa Cartel. These networks are laundering billions of dirty cartel dollars
00:00 - WATCH: @USRepMikeFlood on disaster recovery efforts: “As I think about what we should prioritize in disaster recovery, I think we need funding that is flexible, works quickly, and prioritizes mitigation and resilience. … After all, if we're asking taxpayers to allocate funds
00:00 - WATCH: Chairman @RepFrenchHill delivers opening remarks at today's hearing: “When disaster strikes, federal assistance programs should deliver timely, transparent, and effective support. Unfortunately, in my view, HUD’s CDBG-DR program has fallen short of that high standard. It
00:00 - WATCH: Subcommittee Chairman @USRepMikeFlood delivers opening remarks at today's hearing: "Because these funds are directed through the CDBG program and not any standing program with a direct disaster recovery nexus, HUD must effectively rewrite the rules around how an affected
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