{"database": "press", "table": "releases", "rows": [["https://www.donnelly.senate.gov/newsroom/press/donnelly-crafted-bipartisan-regulatory-relief-package-to-be-marked-up-in-banking-committee-tomorrow", "Donnelly-Crafted, Bipartisan Regulatory Relief Package to be Marked Up in Banking Committee Tomorrow", "2017-12-04", "2017", "2017-12", "Democrat", "House", "IN", "Joe Donnelly", "D000607", "www.donnelly.senate.gov", null, null, "legacy", "Donnelly-Crafted, Bipartisan Regulatory Relief Package to be Marked Up in Banking Committee Tomorrow\n\t\t\t\t\n\t\t\t\t\tLegislation would reduce regulatory burdens on community banks and credit unions to increase lending to small businesses and families, while ensuring important new consumer protections\n\t\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\tMonday, December 4, 2017\n\t\t\t\n\t\t\t\n\t\n\t\t\t\n\t\t\tWashington, D.C. \u2013 Tomorrow, the Senate Banking Committee will debate and markup the bipartisan Economic Growth, Regulatory Relief, and Consumer Protection Act, which Senator Joe Donnelly helped craft and introduce last month. The legislation would reduce regulatory burdens on community banks and credit unions as well as provide new protections to consumers.\r\nDonnelly, a member of the Senate Banking Committee, said in advance of the markup, \u201cThis bipartisan legislation would provide regulatory relief to community banks and credit unions across Indiana that were unintentionally burdened by rules intended to keep Wall Street accountable. I was proud to help craft this legislation, because it would make it easier for families to obtain mortgages and for small businesses to access capital and create new jobs, while expanding consumer protections in the wake of the Equifax data breach.\u201d\r\nThe bipartisan Economic Growth, Regulatory Relief, and Consumer Protection Act has broad support from organizations in Indiana and across the country:\r\n \r\nIndiana Chamber of Commerce,\r\nIndiana Credit Union League,\r\nIndiana Bankers Association,\r\nIndiana Mortgage Bankers Association,\r\nU.S. Chamber of Commerce,\r\nCredit Union National Association,\r\nNational Association of Federally-Insured Credit Unions,\r\nIndependent Community Bankers of America,\r\nAmerican Bankers Association,\r\nMortgage Bankers Association,\r\nConsumer Bankers Association,\r\nNational Association of Home Builders, and\r\nBipartisan Policy Center.\r\n \r\nThe legislative package has also received supportive comments from respected experts such as Federal Reserve Chair Janet Yellen, Federal Reserve Gov. Jerome Powell, and FDIC Vice Chair Tom Hoenig, among others.\r\nAmong provisions in the regulatory relief package are several Donnelly-led and Donnelly-supported measures that would benefit Hoosiers:\r\n \r\nCommunity Banks and Credit Unions: This package includes a number of provisions related to community banks and credit unions that would increase their ability to extend credit to Hoosier small businesses and families, while maintaining important consumer protections. This proposal would allow small financial institutions to focus on traditional banking to help more families obtain the mortgage that buys their first home or the loan that starts a small business.\r\nFree Annual Credit Freezes: Consumers would be able to freeze and unfreeze their credit in a timely manner, free of charge, and set year-long fraud alerts. Consumers would also gain control of who gets access to their credit reports. The Federal Trade Commission and the major credit bureaus would be required to set up webpages where consumers could easily freeze their credit, set a fraud alert, and opt-out of pre-approved credit offers. Donnelly suggested this idea to protect consumers after the massive Equifax data breach that may have compromised the personal information of approximately 145 million Americans.\r\nProtecting Veterans Credit: This provision based off of Donnelly\u2019s\u00a0bipartisan\u00a0Protecting Veterans Credit Act\u00a0would protect the credit ratings of veterans wrongly penalized by medical bill payment delays by the Department of Veterans Affairs (VA). This measure would prohibit medical debt from services received through the Choice Program and other VA community care programs from being reported to credit reporting agencies for one year. In addition it would establish a dispute process for veterans seeking to remove adverse actions already on their reports.\r\nManufactured Housing: This includes a provision based on\u00a0Donnelly\u2019s bipartisan Preserving Access to Manufactured Housing Act, which would protect the ability of manufactured home customers to purchase affordable homes, while maintaining important consumer protections.\r\n \r\n###", 1, "2026-03-30T12:14:52Z", "2026-03-30T12:14:52Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://www.donnelly.senate.gov/newsroom/press/donnelly-crafted-bipartisan-regulatory-relief-package-to-be-marked-up-in-banking-committee-tomorrow"], "units": {}, "query_ms": 3.354686079546809, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}