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Lower House passes two bills to further improve banking system

Two bills proposing to further strengthen the country’s banking system have passed final reading approval in the House of Representatives. Speaker Lord Allan Velasco3 Speaker Lord Allan Velasco lauded his Lower House colleagues for approving on third and final reading the bills regulating cooper

House panel approves bill on cooperative banks

(MANILA BULLETIN FILE PHOTO) The House panel, chaired by Quirino lone District Rep. Junie Cua passed the substitute bill on the proposed Cooperative Banking Act, presented by the technical working group tasked to consolidate House Bill Nos. 2435, 7765 and 7878, principally authored by Reps. Sabiniano Canama (COOP-NATCCO partylist), Joy Myra Tambunting (Paranaque 2nd District), and Deputy Speaker Pablo John Garcia (Cebu 3rd District), respectively.   The TWG panel is headed by the Bangko Sentral ng Pilipinas (BSP). “These three bills deal on the cooperatives bank proposing for the passage of the Charter to govern the registration, regulation and operation of the cooperative banks. Some of them have similar features. Earlier on, we decided that these measures be consolidated into one and we have tasked the Bangko Sentral ng PIlipinas to head the technical working group to thresh out the provisions of this Charter and we found later on that the BSP in consultation with the concern

House now has 30 deputy speakers

House now has 30 deputy speakers enablePagination: false endIndex: Metro Manila (CNN Philippines, December 14) - The number of deputy speakers in the House of Representatives has increased to 30, just two months after Speaker Lord Allan Jay Velasco assumed the House leadership. The chamber on Monday elected Cavite Rep. Strike Revilla as deputy speaker during the plenary session. The deputy speakership is one of the top posts in the chamber. A deputy speaker has a voice and a vote in all committees. Since Velasco took over last October, some allies of then Speaker Alan Peter Cayetano have been booted out of their posts as deputy speakers.

House members elect Revilla deputy speaker

Rep. Strike Revilla The brother of Senator Ramon “Bong” Revilla Jr. relinquished his former position as chairman of the House Committee on Housing and Urban Development to become deputy speaker. The total number of speakers now stand at 30, the most in Congress history since the position was created in 1995 by then Speaker Jose De Venecia Jr. A debate on the real number of deputy speaker continues to rage as it could not be ascertained whether or not Las Pinas Rep. Camille Villar is still considered one.  She declined the appointment  hours after it was called out on the floor last month.

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