Video & Transcript DataContr Research : 'civil service status'
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TX
Texas 2025 - 89th 2nd C.S.
89th Legislative Session - Second Called Session Aug 20th, 2025 at 10:08 am
Texas House Floor Meeting
Transcript Highlights:
- designation and use of certain spaces and facilities according to the code of ethics, authorizing a civil
- penalty and a private civil right of action.
- penalty and private civil right of action for the Committee on State Affairs.
- penalty and a private civil right of action for the Committee on State Affairs.
- Every decade since the Civil Rights Act of 1964, or the Voting Rights Act of 1965, courts have found
Bills:
HB4
Keywords:
redistricting, elections, representation, district composition, Texas House, ad valorem tax, elderly, disabled veterans, public testimony, Texas legislature
Summary:
The committee meeting included extensive discussions on various bills, primarily focusing on ad valorem tax regulations and implications for vulnerable populations such as the elderly and disabled. Representative Schofield presented HB4, which revolves around setting limitations on ad valorem taxes for homesteads of disabled, elderly, and their surviving spouses. The bill sparked a thorough debate among committee members, leading to significant public testimony. Additionally, HJR No. 25 proposed by Cook focused on exempting part of the assessed value of property owned by certain disabled veterans from taxation, highlighting a priority for veteran support within the session's agenda. Overall, the meeting was marked by a strong turnout from both committee members and the public, showcasing a high level of engagement on these critical issues.
TX
Transcript Highlights:
- This highway renaming would serve as a lasting memorial for him and his tireless service.
- HB 1960 honors the life, service, and sacrifice of Lieutenant Resendez, ensuring that his memory and
- The committee's substitute not only includes his rank designation, it also includes his status.
- Thank you for your service to the community.
- It is a way to honor his life, his service, and his sacrifice, subject to transportation code.
Bills:
HCR114, HB137, HB283, HB1398, HB1960, HB2153, HB2431, HB2638, HB2699, HB2999, HB3208, HB3389, HB3413, HB3510, HB3642, HB3859, HB3974, HB3986, HB4142, HB4173, HB4174, HB4542, HB4605, HB4663, HB4731, HB5064, HB5216, HB5218, HB5332, HB5453, HB5577
Keywords:
memorial, pedestrian bridge, Houston, Sergio Ivan Rodriguez, city council, oversize vehicles, transportation permits, Hidalgo County, port authority, highway routes, healthcare, insurance, mental health, treatment access, state funding, transportation, axle weight, aggregates, regulations, Texas law
Summary:
The committee meeting centered on several key pieces of legislation, including discussions around safety at railroad crossings, vehicle operation regulations, and the confidentiality of collected information. House Bill 1772 and Senate Bill 2129 were particularly notable, both aimed at increasing penalties related to vehicle operations at grade crossings. Representative Canales made a significant move for these bills to be forwarded to the House with recommendations for approval, highlighting the collective support from committee members. Public testimony reflected concerns and endorsements regarding transportation safety and legislative impacts on local communities.
TX
Transcript Highlights:
- span>
It's the cost of funds that come in, the cost of servicing
- That servicing arm is why these loans are so successful.
- The bill simply preserves the long-standing status quo.
Bills:
SB1113, SB1117, SB1206, SB1460, SB1802, SB1906, SB1917, SB2340, SB2455, SB2680, SB2690, SB705, SB748
Keywords:
dentistry, botulinum toxin, aesthetic treatments, dental regulation, training, electricity, transmission services, municipal consent, utility regulations, construction, state highways, ethics, compliance, licensing, government, transparency, landlord, tenant rights, repair obligations, housing conditions
Summary:
The meeting of the Senate Business and Commerce Committee was marked by discussions on several significant bills, with a keen emphasis on legislative updates and committee substitutes. Notably, Senator Blanco presented a new committee substitute for SB2610, which modifies the employee cap from 100 to 250 and extends the update timeline for cyber security programs for small businesses. This substitute was adopted unanimously, reflecting a collaborative agreement among the committee members. Additionally, there were discussions surrounding SB1856 as Senator Crayton provided insights into how stakeholder feedback influenced the bill's committee substitute. The committee ultimately voted in favor, pushing it towards the local and contested calendar, indicating the bill's progression through legislative channels.
TX
Transcript Highlights:
- alignment with the standard LPPF language preferred by the governor's office and Health and Human Services
- We've lost another one this past year, last November, due to esophageal cancer after 17 years of service
- data-time="1620"> If passed, this bill would bring such value to the employees of this state and this service
- Thank you for your time, and thank you for your service.
- Remember that, there's this one city that's down to class C status and they're trying to be able to recertify
Keywords:
municipality, local government, Type A, Type B, Type C, change authority, ad valorem taxes, split payment, property taxes, tax regulations, payment options, healthcare funding, Medicaid, county program, mandatory payments, provider participation, health care, Medicaid, county participation, mandatory payments
Summary:
The meeting of the legislative committee was focused on the discussion and voting of several bills, including HB303, HB2740, HB2742, and HB4753. Each bill presented drew attention from various committee members, with detailed debates surrounding their implications and utility. For instance, HB4753, which addresses issues arising from lost certificates of occupancy, prompted a discussion on the difficulties faced by property owners in different municipalities struggling to comply with documentation requirements. In general, the committee expressed support for the bills, as many passed with unanimous votes.
TX
Texas 2025 - 89th Regular
Pensions, Investments & Financial Services Apr 7th, 2025 at 10:00 am
House Pensions, Investments & Financial Services Committee
Transcript Highlights:
- ...asset service providers.
- What is a digital asset service provider?
- We're a statewide nonprofit that provides free legal services for victims of family violence.
- We service millions of customers nationwide, including hundreds of thousands of Texans.
And what's the status of the cemeteries?
Keywords:
money services, regulation, financial services, money transmission, currency exchange, financial compliance, electronic payments, motor vehicles, convenience fee, retail installment contract, fee restrictions, eviction, credit report, tenant rights, property law, housing stability, digital assets, consumer protection, regulatory framework, public retirement systems
Summary:
The meeting of the Pensions, Investments and Financial Services Committee involved detailed discussions surrounding several key bills aimed at enhancing regulatory frameworks and consumer protections. Notably, House Bill 4233, presented by Chairman Capriglione, seeks to modernize regulations for digital asset service providers by addressing earlier ambiguities in reporting requirements while enhancing accountability for the businesses involved. The testimonies from industry stakeholders, including representatives from the Texas Blockchain Council, emphasized the need for clarity and streamlined obligations that align with consumer needs. The bill passed favorably without challenges, reflecting strong support from committee members.
Moreover, bills such as House Bill 3014 and House Bill 3474 were discussed, with both successfully moving forward to the full House. HB3014 focuses on fraudulent use of gift cards, while HB3474 deals with public retirement systems' investment reporting practices. The meeting noted several supportive public testimonies and demonstrated the committee's commitment to refining legislation that impacts Texas' financial landscape. Overall, the meeting was productive, indicating a collaborative effort toward regulatory updates in important sectors.
TX
Texas 2025 - 89th Regular
Local Government (Part II) Apr 24th, 2025
Senate Local Government Committee
Transcript Highlights:
- ...deliver full city services to those areas which state law
- ...wastewater and water services.
- building, managing, and providing all kinds of services for
- Our members pay for that expedited service, as we call it. We still pay the city their full fees.
- What they found out was that they couldn't fill positions fast enough under their civil service system
Bills:
SB208, SB628, SB777, SB1042, SB2354, SB2477, SB2521, SB2523, SB2608, SB2703, SB2778, SB2835, SB2965, SB2367, SB3044
Keywords:
workforce housing, capital investment fund, affordable housing, housing development, Texas housing laws, loan programs, community development, workforce housing, capital investment fund, affordable housing, housing development, Texas housing, zero-interest loans, workforce housing, capital investment fund, low-income housing, housing development, nonprofit organizations, construction, economic stability
Summary:
The meeting of the local government committee covered several important bills, notably Senate Bill 1454, Senate Bill 1237, and Senate Bill 2520. Senator Betancourt presided over the proceedings, guiding the discussion on the multiple committee substitutes proposed for each of these bills. SB1454 focused on tax exemptions for housing authorities, with amendments that included stricter compliance measures for municipalities. The committee unanimously recommended that the bill proceed to the full Senate without objection.
TX
Texas 2025 - 89th Regular
S/C on Family & Fiduciary Relationships Mar 24th, 2025 at 02:00 pm
House S/C on Family & Fiduciary Relationships
Transcript Highlights:
- Because he couldn't do his services.
- Many others, this is the civil death penalty.
- A 2024 review of child and family services in this state was conducted...
- That's a list of services that the department writes out.
- I'm Joel Rogers, the Associate Deputy Attorney General for Child Support Legal Services.
Keywords:
digitized signature, waiver of citation, marriage dissolution, electronic notarization, family law, divorce, property division, family law, court jurisdiction, marital assets, child support, incarceration, family law, obligor, confinement, parent-child relationship, birth certificate, identity proof, Family Code, court process
Summary:
The meeting of the committee was marked by rigorous discussions focused primarily on child protection legislation, particularly HB116. The bill seeks to amend existing laws that allow for the termination of parental rights under vague circumstances, often without sufficient due process. Kate Murphy, Director of Child Protection Policy at Texans Care for Children, delivered a heartfelt testimony supporting the bill's intent to prioritize family preservation and ensure that parents facing challenges receive adequate support rather than facing punitive measures. This stirred considerable discussion among committee members about the implications of the current legal framework and how it disproportionately affects families without proven endangerment.
TX
Texas 2025 - 89th Regular
Public Education Mar 6th, 2025 at 08:03 am
House Public Education Committee
Transcript Highlights:
- But that also includes things like learning services, which the prices have increased with inflation.
- Our districts go into their M&O to provide those services to kids.
- Shared service arrangements are where two or more school entities come together to help provide services
- schools join together to help all students set the cost of providing services.
- In special education, we say it's a service, not a place, so we may provide services.
Bills:
HB2
Keywords:
public education, teacher compensation, certification, funding, school finance, educator rights, education funding, charter schools, staff compensation, state aid, retention allotment, House Bill 2, Texas teacher salaries, education funding, public testimony, certified teachers, budget cuts, inflation
Summary:
The Public Education Committee meeting primarily focused on discussions related to House Bill 2, which addresses public education funding and the need for increased Texas teacher salaries. Testimonies were provided by various educators and stakeholders expressing concerns about the existing funding levels, particularly highlighting the inadequacy of the proposed $220 per student increase, which many believe falls short of what is necessary to meet inflation and the growing costs of education. During the testimony, members emphasized the need for a substantial increase to at least $1,300 per student, citing a critical shortage of certified teachers and the impact this has on student learning outcomes. Witness statements indicated that without a significant funding overhaul, students and teachers would continue to suffer from underfunded programs and resources.
TX
Texas 2025 - 89th Regular
Pensions, Investments & Financial Services May 5th, 2025 at 08:05 am
House Pensions, Investments & Financial Services Committee
Transcript Highlights:
- data-time="1386"> For these loans, offices do not want to let notaries come in to conduct these services
- This is what I do, and right now I am unable to provide services as a mobile notary for the A06 and HELOCs
- when we're in a position of disaster assistance and needing to get critical infrastructure back in service
- /span>
We need to repair and make sure that we provide services
Because people's financial status could be fluid, right
Keywords:
private activity bonds, housing, residential rental projects, low-income, affordable housing, bond measures, funding equality, political subdivisions, public communications, election fairness, debt collection, consumer rights, disclosures, Fair Debt Collection Practices Act, settlement agreements, State Board of Education, group benefits program, health insurance, state employees, dependents eligibility
Summary:
During this committee meeting, several important bills were discussed, including HB5632, HB3900, and SJR57. The committee focused on HB1342, which aims to reorganize the priority structure of private activity bonds for residential rental projects, responding to concerns raised by various stakeholders about the efficiency and accessibility of these bonds in supporting affordable housing. Additionally, HB3002 was presented as a consumer protection bill requiring debt collectors to disclose rights in all written and electronic communications, ensuring average Texans are informed of their rights regarding debt obligations. The meeting concluded with a discussion about upcoming bills and the schedule for the next sessions.
TX
Transcript Highlights:
- What's the status of that case at this point?
- The award is from the Texas A&M AgriLife Extension Service for $41.9 million.
- Item 7 is items with debt service components. Recommendations include.
- ...service area.
- What you're referring to is the lead service line replacement.
Bills:
SB1
Keywords:
appropriations, budget, state funding, education, healthcare, infrastructure, water infrastructure, Railroad Commission, Senate Bill 30, Senate Bill 8, budget recommendations, public testimony, water funding, climate change, dedicated revenue stream
Summary:
The meeting included a comprehensive discussion on various upcoming budget recommendations impacting the Railroad Commission and water funding allocations. Significant dialogue focused on Senate Bill 30, which addresses water funding appropriations crucial for developing and maintaining the state's water infrastructure amidst growing demand. Testimonies from various stakeholders emphasized the urgency of addressing water resource issues in Texas, given the state's increasing population and the forthcoming infrastructure needs. Additionally, climate change impacts and funding challenges were heavily underscored by the participants, showcasing a collective concern over future water supply and management.
The committee also reviewed the implications of Senate Bill 8 and Senate Joint Resolution 75 regarding the creation of new funds and programs for water management and development. Importantly, the potential for a dedicated revenue stream was raised, echoing the sentiment that a historic investment in water infrastructure is critical. The meeting adjourned with plans for a follow-up to further evaluate and confirm budget appropriations, reflecting a strong commitment to tackle Texas's pressing water challenges.
TX
Texas 2025 - 89th 1st C.S.
Senate Special Committee on Congressional Redistricting Jul 29th, 2025
Transcript Highlights:
- zoom.us/join or call Zoom customer service at 1-800-799-9666
- I was in favor of redistricting, referencing the Civil Rights Act.
- You are a civil servant. You are here to serve us.
- Thank you for being here, and thank you for your 31 years of service in the Army.
- So thank you so much for your insight and your service to our business community in El Paso.
Keywords:
congressional redistricting, gerrymandering, public testimony, transparency, community involvement, minority representation
Summary:
The committee meeting addressed the contentious issue of congressional redistricting, following concerns about the legality and fairness of past maps that allegedly disenfranchised minority voters. The testimony predominantly rejected the notion of conducting mid-decade redistricting, with multiple witnesses arguing against the initiative citing lack of legal justification and the risk of exacerbating racial gerrymandering. Prominent discussions included calls for more transparency in the redistricting process, with several members expressing the need for public engagement through field hearings and meaningful opportunities to review and comment on proposed maps. Senator King and other members led discussions emphasizing the significance of community involvement in shaping equitable congressional districts that reflect Texas' demographics.
TX
Texas 2025 - 89th 1st C.S.
Joint Hearing: Senate and House Select Committees on Disaster Preparedness and Flooding Jul 23rd, 2025
Texas Senate Floor Meeting
Transcript Highlights:
- I appreciate your service.
- status and immediately responded to the curfew.
- But if there's no service, there's no service. I see.
- Thank you for your service and answering the...
- Some of them were EMS services.
Keywords:
flooding, emergency response, communication systems, first responders, disaster management, Texas Water Development Board, regional planning, public safety
Summary:
The meeting primarily focused on discussions around the recent floods in Texas, specifically addressing emergency preparedness, response coordination, and recovery efforts. Officials from various agencies provided testimonies on the challenges faced during the emergency, including issues with communication systems among first responders. Notably, the need for improved inter-agency communication and technology integration was emphasized, with recommendations for establishing regional communications units for better coordination during disasters. The audience included local government representatives and emergency management partners, who shared insights and experiences from the recent flooding events.
TX
Texas 2025 - 89th Regular
Criminal Jurisprudence S/C New Offenses and Changed Penalties May 1st, 2025 at 08:05 am
Transcript Highlights:
- In Texas, Adult Protective Services...
- CAPMETRO is committed to protecting all who use our services
- the service?
- A-1 is peace officer, A-2 is emergency medical services, A-3 is firefighter, A-4 is...
- Bud Wein from the Texas Civil Rights Project.
Keywords:
public safety, criminal penalties, HB544, vulnerable populations, child abuse, consecutive sentencing, HB689, elder abuse, public testimony
Summary:
The committee meeting primarily focused on discussing various bills addressing public safety and criminal penalties within Texas. Notable discussions included the introduction of HB544, which aims to expand consecutive sentencing for crimes against children and vulnerable adults. Representative Gervin Hawkins highlighted the urgent need for this legislation by referencing a shocking case in Bexar County involving severe abuse, illustrating the limitations of current law in imposing adequate penalties. The bill received public support and raised awareness of the ongoing issues surrounding the safety of vulnerable populations.
TX
Texas 2025 - 89th Regular
Local Government (Part I) Apr 28th, 2025
Senate Local Government Committee
Transcript Highlights:
- " data-time="72">Eligible professionals include corrections officers, firefighters, and emergency service
- ...Texas's status as the best state to do business in.
- us to work with our attorneys to prepare for a lawsuit instead of prioritizing problem-solving and service
- Cities can govern without the constant threat of litigation draining resources away from essential services
- services across his neighborhood.
Bills:
SB250, SB375, SB536, SB845, SB1633, SB1944, SB1957, SB2081, SB2137, SB2262, SB2299, SB2419, SB2452, SB2522, SB2549, SB2594, SB2605, SB2631, SB2639, SB2675, SB3029, SJR60, HB22, HB1392, HB2525
Keywords:
municipal annexation, railroad, adjacent areas, local government, property rights, healthcare provider, Harris County Hospital District, hospital funding, healthcare services, public health program, home loans, nurses, veterans, public servants, Texas Heroes program, low-interest loans, social workers, home loans, housing assistance, veterans
Summary:
The committee meeting predominantly focused on various pieces of legislation, notably Senate Bill 2299, which aims to redefine municipal immunity. Deep concerns were raised during discussions, particularly by public witnesses who underscored the bill's potential to undermine citizen accountability and local governance. Representative Monty Bennett argued passionately against the bill, citing its conflict with recent local charter amendments passed by Dallas voters, reflecting a significant public sentiment for local governance autonomy. Multiple attendees voiced strong opposition due to fears of increased litigation against municipalities, which could strain local resources and hinder governance effectiveness. In contrast, proponents of the bill, including city representatives, argued that it is essential for preventing frivolous lawsuits and maintaining fiscal responsibility for city budgets.
TX
Transcript Highlights:
- bilingual often earn more—about $28,000 per year compared to $27,000 for those without that bilingual status
- There are 842 fire departments and 300 emergency services districts across the state of Texas, and most
- There are 32 standalone emergency medical services across the state of Texas, and the tuition exemption
- Whether it's a fire department, emergency service district, or a standalone emergency medical service
- ...and better services for people with disabilities to be
Keywords:
tuition exemption, paramedics, higher education, public institutions, laboratory fees, education code, financial aid, education, student support, scholarships, higher education, nontraditional education, student enrollment, financial assistance, higher education, Texas students, foreign adversaries, higher education, trade secrets, research integrity
Summary:
The meeting of the Committee on Education K-16 was characterized by a series of discussions on multiple Senate Bills aimed at enhancing educational opportunities across the state. Notably, SB750 was presented by Senator Eckhardt, which seeks to close a loophole that currently excludes standalone EMS employees from receiving tuition exemptions available to firefighters and law enforcement. The testimony from James Monks of the Austin EMS Association highlighted the critical shortage of EMS personnel and the need for incentives to attract workers to this career path. The committee allowed public testimony, which generally supported the bill, leading to positive discussions among members regarding the importance of equal benefits for all first responders.
Additionally, SB2430, introduced by Senator Higginbotham, aims to regulate higher education institutions' interactions with foreign adversaries. The bill received support from witnesses such as Michael Lucci, who emphasized the necessity of securing Texas's higher education from potential threats while facilitating collaborations with trusted entities. These discussions emphasized the need for strategies that not only bolster educational funding and accessibility but also protect academic integrity. Overall, the meeting was well-attended, with robust engagement from both committee members and the public.
TX
Texas 2025 - 89th Regular
Trade, Workforce & Economic Developent Apr 30th, 2025 at 10:04 am
Transcript Highlights:
- accompany the civil eviction process, which we've heard is
- data-time="2070"> Other states have made expedited filings and charge a fee for this specialized service
- authorizes the Secretary of State to set and collect a fee up to $5,000 for expedited filings and services
- This allows businesses that require immediate service to obtain it without delay and promotes economic
- To stay in Texas rather than seeking faster services elsewhere
Keywords:
squatting, property rights, eviction process, housing availability, condominium development, escrow deposits, Committee on Trade, Trade, Workforce, and Economic Development
Summary:
The meeting of the Committee on Trade, Workforce, and Economic Development featured critical discussions surrounding several proposed bills, including SB1333, HB4876, and HB5567. Notably, the committee focused on issues related to property rights and squatting, with testimony emphasizing the urgent need for legislation to streamline the eviction process for squatters. Several witnesses, including representatives from various organizations, voiced strong support for SB1333, arguing that the current legal remedies are inadequate and contribute to escalating property disputes and community issues. Meanwhile, HB4876 aimed to address housing availability by allowing the use of escrow deposits for construction, which supporters believe will facilitate condominium development and ease the housing crisis in Texas. Finally, the committee adjourned after leaving several bills pending for further discussion, indicating the complexity and importance of these legislative efforts.
TX
Texas 2025 - 89th Regular
89th Legislative Session Feb 13th, 2025 at 09:02 am
Texas House Floor Meeting
Transcript Highlights:
Human Services: Chair Hull, Vice Chair.
- Judiciary and Civil Jurisprudence: Chair Leach, Vice Chair
- Pensions, Investments, and Financial Services: Chair Lambert
Summary:
The meeting was focused on several notable resolutions, including HR245 recognizing February 13th, 2025 as Texas in a HRO Day. Ms. Hinojosa elaborated on the significance of the Texas chapter of the National Association of Housing and Redevelopment Officials in advocating for affordable housing, highlighting their 49 years of service. Other resolutions included HR255 and HR257, which commemorated important community figures and anniversaries, showcasing the collective efforts and achievements of Texas communities. The atmosphere was one of celebration and acknowledgement, with various representatives speaking passionately about their respective constituents and the contributions made by local leaders.
TX
Texas 2025 - 89th Regular
Criminal Jurisprudence Apr 8th, 2025 at 10:30 am
House Criminal Jurisprudence Committee
Transcript Highlights:
- Just basic skills as they're doing community service.
- The information would be provided through victim services.
- to the families because it's potentially delaying the services.
- So, this is time that's passing for a family where they're unable to perform services.
- That's what we were serving civil process for in the mid-'90s.
Bills:
HB1194, HB1221, HB1738, HB1913, HB2177, HB2178, HB2180, HB2229, HB2282, HB2448, HB2492, HB2777, HB2984, HB3357, HB3553, HB3602
Keywords:
pretrial intervention, reimbursement fee, criminal justice, district attorney, Texas legislature, homosexual conduct, repeal, LGBTQ rights, public health, education, sex offender, victim protection, proximity laws, public safety, criminal justice reform, emergency, data privacy, electronic communications, law enforcement, life-threatening situations
Summary:
The committee meeting covered various issues, including bills aimed at mental health reforms and criminal justice. A significant discussion centered around HB2777, which proposes to exempt individuals with severe mental illness, particularly schizophrenia or schizoaffective disorder, from the death penalty. Testimonies from multiple stakeholders expressed support for the bill, emphasizing that individuals with severe mental illness may lack the capacity to understand the consequences of their actions, and executing them contradicts moral principles and contemporary neuroscience. The committee heard from advocates who argued for compassionate treatment in the justice system, while also maintaining accountability for offenders.
TX
Transcript Highlights:
- , Child Protective Services involved.
- Currently, language access service employees are housed in Health and Human Services, System Support
- Service Operations, Office of Deaf and Hard of Hearing, Community Services, and System Office of Audit
- It prohibits board service...
- In terms of what would happen with that service fee if we were to make fee-waived services available
Bills:
HB2510, HB3589, HB4611, HB4655, HB4665, HB4666, HB4670, HB4700, HB4730, HB4798, HB4838, HB5136, HB5243, HB5302, HB5539
Keywords:
assisted living, healthcare, licensing, criminal offense, personal assistance, group home, licensing, regulation, health and safety, inspections, resident care, criminal background checks, adoption, parental rights, registry, vital statistics, disclosure, counseling, foster care, independent living
Summary:
The committee meeting covered a wide range of legislative proposals, with significant focus on addressing child welfare, language access, and transparency in funding for children's advocacy centers. Representative Richardson presented HB5136, aimed at strengthening governance and accountability in child advocacy centers, reflecting concerns over transparency due to recent scandals. The bill was discussed extensively as members expressed the need for better oversight in organizations receiving public funding. Additionally, HB4838 was championed for enhancing language access in emergency services, with witnesses emphasizing its critical importance for non-English speakers during crises. Overall, strong engagement from both representatives and the public was evident, with passionate testimonies highlighting the necessity of these legislative measures.
US
Us Congress 2025-2026 Regular Session
Business meeting to consider an original bill entitled, "GENIUS Act of 2025", and S.875, to curtail the political weaponization of Federal banking agencies by eliminating reputational risk as a component of the supervision of depository institutions. Mar 13th, 2025 at 09:00 am
Senate Banking, Housing, and Urban Affairs Committee
Transcript Highlights:
- No federal agency should have the power to cut off access to our financial services industry simply because
- number 56 by Senators Rounds and Blunt Rochester, which clarifies the bill's intention to maintain the status
Bills:
SB875
Keywords:
banking regulation, federal agencies, reputational risk, financial services, supervision, Genius Act, FIRM Act, stablecoins, bipartisan, financial regulation, national security, consumer protection, innovation
Summary:
This meeting focused on the markup of the Genius Act and the FIRM Act, two significant pieces of legislation addressing stablecoin regulation and the financial industry's regulatory framework. The Chairman noted the importance of providing clarity to the digital asset community and protecting American consumers, while also promoting innovation and competition within the financial sector. Members of both parties expressed varying viewpoints, with some highlighting concerns related to national security and the potential risks associated with stablecoins.