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House GOP Adds 10 New Members to Financial Services, 3 to Ways & Means

Submitted by jhartgen@abi.org on

The House Financial Services Committee has 10 new GOP members for the 115th Congress, while the tax-writing Ways and Means Committee added three Republican lawmakers, MorningConsult.com reported today. Four freshman and six incumbents are the newest additions to the Financial Services Committee, which named the new members on Thursday: Reps. Lee Zeldin (N.Y.), Dave Trott (Mich.), Barry Loudermilk (Ga.), Alex Mooney (W.Va.), Tom MacArthur (N.J.), Warren Davidson (Ohio), Ted Budd (N.C.), David Kustoff (Tenn.), Claudia Tenney (N.Y.) and Trey Hollingsworth (Ind.). Budd, Kustoff, Tenney and Hollingsworth are new to Congress this year, while Davidson joined the House during the 114th Congress to replace Speaker John Boehner (R-Ohio) after he resigned. None of the new panel members were in Congress when the Dodd-Frank financial law was passed in 2010.

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H.R. 355, the "Protecting American Families’ Retirement Advice Act"

Submitted by jhartgen@abi.org on

To provide for a 2-year delay in the effective date of a rule of the Department of Labor relating to the "Definition of the Term 'Fiduciary'; Conflict of Interest Rule-Retirement Investment Advice".

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H.R.277, the "American Health Care Reform Act of 2017."

Submitted by jhartgen@abi.org on
To repeal the Patient Protection and Affordable Care Act and related reconciliation provisions, to promote patient-centered health care, to provide for the creation of a safe harbor for defendants in medical malpractice actions who demonstrate adherence to clinical practice guidelines, and for other purposes. Sec. 230 provides for equivalent bankruptcy protections for health savings accounts as retirement
funds. 
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H.R. 5, the "Regulatory Accountability Act of 2017"

Submitted by jhartgen@abi.org on

To reform the process by which Federal agencies analyze and formulate new regulations and guidance documents, to clarify the nature of judicial review of agency interpretations, to ensure complete analysis of potential impacts on small entities of rules, and for other purposes.

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