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November 19, 2019

(Washington, D.C.) – Yesterday, the House of Representatives passed multiple bills championed and cosponsored by United States Representative Emanuel Cleaver, II (D-MO), including H.R. 4634, which reauthorizes the Terrorism Risk Insurance Act (TRIA) for 7 years. Congressman Cleaver has been a key leader in Congress on TRIA reauthorization, hosting a roundtable on TRIA in May of this year in Kansas City, and, as Chairman of the Financial Services Subcommittee on National Security, he was an original sponsor of H.R. 4634.

November 15, 2019

(Washington, D.C.) – Last night, H.R. 4403, the Stop Debt Collection Abuse Act of 2019, was passed out of the Financial Services Committee unanimously in a vote of 54 to 0. The legislation was introduced by United States Representative Emanuel Cleaver, II (D-MO) and would protect American consumers from predatory debt collection abuses by closing federal loopholes and bolstering consumer protections. Congressman French Hill (R-AK) was the Republican sponsor of the bill.

October 31, 2019

(Washington, D.C.) – Today, United States Representatives Emanuel Cleaver, II (D-MO) and Ron Kind (D-WI), as well as United States Senator Cory Booker (D-NJ), sent a letter to Department of Treasury Inspector General Richard Delmar calling for an investigation into multiple reports of impropriety by senior officials within the Treasury and White House when implementing the 2017 Opportunity Zones tax incentive program.

October 31, 2019

(WASHINGTON, D.C.) – Today, U.S. Representatives Emanuel Cleaver (D-MO), Sam Graves (R-MO), Vicky Hartzler (R-MO), Sharice Davids (D-KS), Ron Estes (R-KS), Roger Marshall (R-KS), and Steve Watkins (R-KS), and U.S. Senators Roy Blunt (R-MO), Josh Hawley (R-MO), Pat Roberts (R-KS), and Jerry Moran (R-KS), along with Missouri Governor Mike Parson and Kansas City Mayor Quinton Lucas, welcomed the U.S.

October 29, 2019

(Washington, D.C.) – The House of Representatives yesterday passed H.R. 2514, the COUNTER Act. Introduced by United States Representative Emanuel Cleaver, II (D-MO), the COUNTER Act would implement several changes and additions to the Bank Secrecy Act (BSA), which legally directs banks' responsibilities to help the government detect and defend against illegal financial transactions. Much of the same legislative language was passed as an amendment last week within the Corporate Transparency Act, a bill introduced by Rep. Carolyn Maloney (D-NY).

October 22, 2019

(Washington, D.C.) – Today, the United States House of Representatives passed H.R. 2513, the Corporate Transparency Act of 2019, by a vote of 249-173. Included in the text of H.R. 2513 was legislation introduced by United States Representative Emanuel Cleaver, II (D-MO), known as the COUNTER Act. Cleaver's legislation would implement a number of changes and additions to the to the Bank Secrecy Act (BSA), which dictates banks' responsibilities to help the government detect and root out illegal financial transactions.

October 22, 2019

(Washington, D.C.) – Today, United States Representative Emanuel Cleaver, II (D-MO) received a letter from the Department of Treasury, agreeing to an affirmative investigation into Facebook's planned cryptocurrency (Libra) and digital wallet (Calibra). In August, Congressman Cleaver sent a letter to Facebook, Calibra, the Financial Stability Oversight Council (FSOC), and the Office of Financial Research (OFR), urging the financial regulators to proactively examine Libra and Calibra for possible systemic risk.

October 17, 2019

(Washington, D.C.) – Congressman Emanuel Cleaver, II (D-MO) released the following statement regarding the death of Congressman Elijah Cummings:

"The City of Baltimore and the people of this nation awake today to the loss of a giant amongst men. Elijah Cummings was a defender of democracy, a champion of human rights, and an unwavering advocate for equality. He was a kind and genuine man that fought every day to improve the lives of the American people, especially the most vulnerable among us.

October 15, 2019

(Washington, D.C.) – Today, United States Representative Emanuel Cleaver, II (D-MO), along with 5 other members of Congress, sent a letter to the National Association of College and University Business Officers (NACUBO) calling for greater diversity among asset managers handling endowment funds of higher education institutions and requesting information regarding the lack of the diversity of such asset managers.

In the letter, the members wrote: