Media Center

WASHINGTON, D.C. – Aiming to curb the increasingly partisan and unchecked authority of financial regulators, Congressman Tom Emmer (MN-06) reintroduced the Financial Stability Oversight Council Reform Act. This legislation will bring the FSOC under congressional appropriations and oversight, which is designed to help increase transparency, restore accountability, and protect American innovation.

WASHINGTON—Today, Congressman Tom Emmer (MN-06) introduced the bipartisan Securing Facilities for Mental Health Services Act. The bill is co-led by Congressman Ritchie Torres (NY-15).

The legislation would eliminate the prohibition in Section 242 of the National Housing Act that currently prohibits inpatient psychiatric hospitals from applying for mortgage assistance. Currently, these hospitals are the only type of healthcare facility prevented from accessing mortgage assistance through the Section 242 program.  

WASHINGTON—Every member of Minnesota’s Republican congressional delegation, Representatives Brad Finstad (MN-01), Michelle Fischbach (MN-07) and Pete Stauber (MN-08), joined a letter led by Congressman Tom Emmer (MN-06) addressing the postal delays which have impacted homes and businesses across Minnesota.

2023 has been a year of action and progress in the House Financial Services Committee. Under Republican leadership, we have moved legislation to bolster our capital markets, promote innovation, and hold unelected bureaucrats accountable. 

Here is a quick look back at some key milestones: 

In April, our office passed three bills out of the Financial Services Committee: 

• The CFPB Dual Mandate and Economic Analysis Act prioritizes competition, consumer choice, and transparency at the Consumer Financial Protection Bureau (CFPB).

Maj. Hoernemann, 32, of Andover was one of eight airmen killed last week when their Osprey aircraft crashed over the coast of Yakushima Island, Japan during a routine training mission. He served as a CV-22 instructor pilot and officer in charge of training. Hoernemann was assigned to the 21st Special Operations Squadron at Yokata Air Base. 

Maj. Hoernemann, 32, of Andover was one of eight airmen killed last week when their Osprey aircraft crashed over the coast of Yakushima Island, Japan during a routine training mission. He served as a CV-22 instructor pilot and officer in charge of training. Hoernemann was assigned to the 21st Special Operations Squadron at Yokata Air Base.