Minutes. I call this into order. Welcome back to the committee. Today, we continue our regular oversight. Since it opened its doors, it impact on nearly every forct of the Consumer Credit cards and Mortgage Financial education. The bureau has conducted extensive outreach to both industry and consumers and has proven itself to be a regular regulator. Today, has obtained nearly 900 million of refunds and over 375,000 Consumer Complaints. Many of the cfpbs most significant actions relate to mortgage lending. For example, the about our recently finalized its mortgage disclosure to improve closing and provide key long terms to cost and consumer and clear understandable. While the Consumer Experience at the mortgage table is an important aspect of mortgage lending, the ability of consumers to access affordable mortgage credit is critical. Include went into effect this past january. I look forward to hearing how these rules will impact mortgage , particularly for smaller lenders in rural area
Will come up in debate in the agriculture bill. Its such a broad variety of issues. A ban on horse slaughter is now in the law. There could be some discussion over a rider in the bill that prevents usda from spending money on some key competitiveness and contract issues, specifically related to poultry farming. We might hear some debate about reforming sugar programs. You never know. It could be chinese chicken. One of the things what the he food stamp program. The Assistance Program known as food stamps is a mandatory program. For the most part that tends to stick to the farm bill as far as where thats debated out. You might hear lawmakers complaining about how the cuts have been implemented. They think states have made meaningful cuts to food stamp programs. You might see discussion about that. The other nutrition issue that could be brought up is allowing white potatoes in the women, infants and children feeding program. Up until now white potatoes have not been allowed in that prog
Director cordray, the cfpb has now been up and running for almost three years. What do you consider to be the most significant accomplishment of the bureau since 2011 and looking forward, what actions can we expect either the bureau out of the bureau over the next three months co thank you, mr. Chairman. Its a broad question. First of all, the challenge of building a federal agency from scratch has been significant. Weve had some growing pains and weve been working through those. But at the same time, weve gone from zero employees to now close to 1400 employees. People who are very dedicated to protecting consumers and seeing that they are treated fairly. They are doing marvelous work. The mortgage rules we put in place that congress put such a high priority on, had been very significant. Thats a single biggest Consumer Financial market. The enforcement activity that weve had to ensure that institutions understand that people need to be treated fairly and money will go back to peoples
Youre watching cspan. [captions Copyright National cable satellite corp. 2022] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] the speaker the house will be in order. The prayer will be offered by chaplain kibben. Chaplain kibben would you pray with me. Holy and gracious god, thank you for the countless times you demonstrate the intimacy of your love for us. Through the affection of a loved one, a desire met, moments that grace our days with evidence of your hand in our lives. How easy it is to believe, having seen your power at work, your creative activity in the living of our days, in the healing of those we love and care for. We are truly blessed. Lord, we believe. Help our unbelief. We ask your blessing when we cant see, when the hurts, the evil and the confusion of the world obscure any evidence of your concern for us and deny your willingness or ability to bring order to our chaos. In this c
E 2 of the u. S. House of representatives, the clerk received the following message from the secretary of the senate on july 27, 2022, at 2 09 p. M. , that the senate agrays to the house amendment to the sneat amendment with an amendment. H. R. 4686. Signed, sincerely, cheryl l. Johnson, clerk. The speaker pro tempore for what purpose does the gentleman from michigan seek recognition . Madam speaker, pursuant to section 5 of House Resolution 1254, i move to suspend the rules and pass h. R. 623, h. R. 3952, h. R. 3962, h. R. 4551, h. R. 5313, h. R. 6933, h. R. 7132, h. R. 7361, h. R. 7569, h. R. 7624, h. R. 7733, and h. R. 7981. The speaker pro tempore the clerk will report the tightles of the bills. The clerk h. R. 623, to make Funds Available for the Gabriella Miller Kids Research act and for other purposes. Union calendar number 284, h. R. 3952, a bill to strengthen the role of the chief scientist of the National Oceanic and Atmospheric Administration in order to promote scientific i