On May 11, U.S. Representatives John Rose (R-TN), a member of the House Financial Services Committee and former board member of a national bank, released the following statement on the Federal Deposit Insurance Corporation’s (FDIC) proposed rule which would implement a special assessment to recover the cost associated with the failures of Silicon Valley Bank and Signature Bank
On May 9, U.S. Representatives John Rose (R-TN) and Brittany Pettersen (D-CO), both Members of the House Financial Services Committee, introduced the “CDFI Fund Transparency Act” to require the Community Development Financial Institutions (CDFI) Fund Director to testify annually before the House Financial Services Committee and the Senate Banking Committee.
On May 1, U.S. Representatives John Rose (R-TN) and Jennifer Wexton (D-VA) led 22 Members of the House of Representatives in a bipartisan letter requesting the Securities and Exchange Commission (SEC) to require the Chinese company Shein, the world’s largest fast-fashion company, to certify that their products do not utilize Uyghur forced labor.
On April 28, Republican U.S. Representative John Rose (TN-06) and Democratic U. S. Representative Donald Payne, Jr. (NJ-10) introduced a House Resolution which expresses the sense of the House of Representatives that maintaining cash is important and a robust and viable payment option.