Congressman Ed Royce
Rep. Royce Calls on House to Pass Bipartisan Reforms to Avoid a Lapse of...
This week, Representative Ed Royce (R-CA) spoke on the House floor in support of bipartisan reforms that will extend the National Flood Insurance Program (NFIP) which is currently set to lapse on July 31, 2018.
Royce Highlights Benefits of Covered Agreement
U.S. Representative Ed Royce (R-Calif.), Chairman of the House Foreign Affairs Committee and a senior member of the House Financial Services Committee, highlighted the benefits of enacting a U.S.-EU covered agreement during a Housing and Insurance Subcommittee hearing entitled “Assessing the U.S.-EU Covered Agreement.”
Royce Questions Chair Yellen on Financial System Safety and Soundness
U.S. Representative Ed Royce (R-CA) questioned Chair of the Federal Reserve Board of Governors Janet Yellen on bolstering the safety and soundness of the U.S. financial system through the CHOICE Act and housing finance reform during a House Financial Services Committee hearing entitled "Monetary Policy and the State of the Economy."
Reps. Royce, Sinema, and Sewell Push for Credit Score Competition
U.S. Representatives Ed Royce (R-CA), Kyrsten Sinema (D-AZ), and Terri Sewell (D-AL) introduced H.R. 898, the Credit Score Competition Act. The bill enables Fannie Mae and Freddie Mac to consider alternative credit scoring models when making mortgage purchasing decisions.
Chairman Royce Statement on Chao DOT Confirmation
U.S. Representative Ed Royce (R-Calif.), Chairman of the House Foreign Affairs Committee, released the following statement regarding the confirmation of Elaine Chao as the 18th United States Secretary of Transportation
Royce Assigned to Subcommittees on Financial Institutions, Consumer Credit, GSEs, and Insurance
U.S. Representative Ed Royce (R-Calif.) released the following statement after being assigned to the Financial Institutions and Consumer Credit Subcommittee and the Housing and Insurance Subcommittee by House Financial Services Committee Chairman Jeb Hensarling (R-Texas) for the 115th Congress
Bipartisan Legislation Introduced to Free Up Credit Union Lending
U.S. Representatives Ed Royce (R-Calif.), Jared Huffman (D-Calif.), Don Young (R-Alaska), and Peter DeFazio (D-Ore.) introduced H.R. 389, the Credit Union Residential Loan Parity Act. The bill ensures that loans to finance the purchase of small apartment buildings from both credit unions and banks are considered residential real estate loans:
Reps. Royce and Sewell Urge Alternative Credit Score Consideration by GSEs
U.S. Representatives Ed Royce (R-Calif.) and Terri Sewell (D-Ala.), members of the House Financial Services Committee, released the following joint statement in reaction to today's release of the Federal Housing Finance Agency (FHFA) 2017 Scorecard
Landmark California Drought Relief Legislation Heads to Senat
U.S. Representative Ed Royce (R-Fullerton) voted for S. 612, the Water Infrastructure Improvements for the Nation (WIIN) Act, legislation to alleviate water shortages in California. The landmark compromise is the result of negotiations between California House Republicans and U.S. Senator Dianne Feinstein (D-Calif.) and will now be considered in the U.S. Senate.
Chairman Royce Statement on Chao DOT Nomination
U.S. Representative Ed Royce (R-Calif.), Chairman of the House Foreign Affairs Committee, released the following statement regarding the nomination of Elaine Chao for United States Secretary of Transportation
Chairman Royce Meets with the Asian American Business Community
U.S. Representative Ed Royce (R-Fullerton), Chairman of the House Foreign Affairs Committee, convened a round table discussion with local business leaders from the Asian American community. The group spoke about federal issues of concern to small business owners including tax reform, trade agreements, access to capital, regulatory relief, and infrastructure investment
Reps. Royce and Blumenauer Introduce NFIP Reforms to Save Taxpayer Money
U.S. Representatives Ed Royce (R-Calif.) and Earl Blumenauer (D-Ore.) introduced H.R. 6196, theRepeatedly Flooded Communities Preparation Act. The bill aims to mitigate the financial resources expended by the National Flood Insurance Program (NFIP) and taxpayers on claims for properties flooded multiple times
Royce Calls for Better Efficiency and Local Control in Public Housing Spending
U.S. Representative Ed Royce (R-Calif.) recently questioned witnesses on how to increase efficiency and local control in public housing spending during a Housing and Insurance Subcommittee hearing entitled “The Future of Housing In America: A Better Way to Increase Efficiencies For Housing Vouchers and Create Upward Economic Mobility."
Royce Presses Castro on Transparency and Accountability at HUD
U.S. Representative Ed Royce (R-Calif.) questioned U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro on the Federal Housing Agency's (FHA) forthcoming Property-Assessed Clean Energy (PACE) loan guidelines and HUD's Distressed Asset Stabilization Program (DASP) during a House Financial Services Committee hearing entitled "HUD Accountability.”
GSEs Should Be Engaged in More Risk-Sharing
U.S. Representative Ed Royce (R-Calif.), a senior member of the House Financial Services Committee, released the following statement in reaction to the Federal Housing Finance Agency's (FHFA) announcement on credit risk-sharing by the GSEs:
Rep. Royce: Fannie Mae Has Fallen Asleep at the Wheel
U.S. Representative Ed Royce (R-Calif.), a senior member of the House Financial Services Committee, released the following statement after the Federal Housing Finance Agency (FHFA) Office of Inspector General (OIG) issued a report on the increased budget for Fannie Mae's office relocation
California GOP Delegation Releases Statement on California Water Shortage Legislation
U.S. Representative Ed Royce (R-Fullerton) and the Republican Members of California's Congressional Delegation issued the following statement regarding the upcoming consideration of multiple pieces of legislation addressing California's water shortages
Royce Seeks Wildfire Fighting Funding Fix
U.S. Representative Ed Royce (R-Fullerton) has asked the leadership of the U.S. Senate to consider changes to how Congress funds the U.S. Forest Service and Department of Interior's wildfire fighting operations.
Royce Calls for Affordable Housing Policies That Get Americans Back on their Feet
U.S. Representative Ed Royce (R-Calif.) questioned witnesses on the success of the U.S. Department of Housing and Urban Development's (HUD) Moving to Work (MTW) pilot program during a Housing and Insurance Subcommittee hearing entitled “The Future of Housing in America: A Comparison of the United Kingdom and United States Models for Affordable Housing."
Royce Discusses Housing Finance Reform at Milken Conference
U.S. Representative Ed Royce (R-Calif.) participated in a panel discussion entitled "How To Restart the Private Market for Mortgage Credit" during the Milken Institute Global Conference.