An Update from the House Floor
With my support, the House passed legislation to repeal the Biden Administration's recent new rule penalizing those with good credit by increasing their fees to subsidize high-risk mortgages made available to those with low credit scores. We also passed legislation to condemn the use of schools to house illegal immigrants.
✅ Passed H.R. 3564, the Middle Class Borrower Protection Act. In January, the Biden Administration announced an unfair federal housing rule where buyers with a credit score greater than 680 pay about $40 more each month on a $400,000 loan. Buyers who make down payments of 20 percent on their home will see some of the highest fee increases, while most riskier borrowers would actually see a reduction in fees.
Essentially, this penalizes reliable borrowers with good credit by forcing them to subsidize riskier loans for less reliable borrowers with bad credit. H.R. 3564 protects American families who have worked hard to establish good credit by cancelling the new rule and makes sure such changes cannot be implemented in the future.
✅ Passed H. Res. 461. In May, New York City began converting public school gymnasiums into housing for illegal immigrants in response to Biden's border crisis. To end this madness, House Republicans passed H. Res. 461 which condemns the use of elementary and secondary school facilities to house illegal immigrants who are not admitted to the United States. Public school facilities are for furthering the academic success of our school children, not housing illegal immigrants.
An Update from Committee
I was proud to join the House Committee on Agriculture during a full committee hearing dedicated to "Closing the Digital Divide in Rural America." Throughout this Congress, I have had countless discussions with my colleagues and constituents on ways we can support our farm families and build a robust rural economy. A key component to accomplishing this goal is to provide rural communities with access to high-speed, affordable, and reliable broadband internet connectivity.
As Chairman of the Subcommittee on Water Resources and Environment, I led this week's hearing on the President’s Fiscal Year 2024 budget proposal as it pertains to the agencies under our Subcommittee's jurisdiction. This includes the United States Army Corps of Engineers (Corps), the Tennessee Valley Authority, and the Great Lakes St. Lawrence Seaway Development Corporation.
Among other topics, I used this opportunity to question Major General William Graham from the Army Corps and Assistant Secretary of the Army for Civil Works, Michael Connor, regarding important Corps' beach renourishment projects in North Carolina's 7th District. Several beaches in our community rely on regular Army Corps maintenance to protect life, property, and our critical tourism economy, and I encouraged both agencies to continue prioritizing flood control and beach nourishment maintenance activities. Click here or on the image below to read more.
