AUSTIN-The House Financial Services Committee recently approved the Oversight Plan for the committee for the 113th Congress. The House Financial Services Committee Oversight Plan contains three amendments sponsored by Congressman Al Green (TX-09). The three amendments, passed by voice vote are related to: (1) the effects of cuts to the Securities and Exchange Commission (SEC) brought on by sequestration, (2) veterans housing, and (3) the Fair Housing Act of 1968.

Congressman Al Green’s first amendment approved by the Financial Services Committee this year will allow the committee to examine the effect possible cuts due to sequestration will have on the SEC’s ability to meet its statutory obligations.

“We must ensure that the SEC’s role as the financial police in our economy is not diminished,” Congressman Al Green said. “The SEC’s important mission of protecting consumers from fraud promotes stability in our economy.”

The veterans housing amendment ensures that the Financial Services Committee will continue to review as well as promote coordination between the Department of Housing and Urban Development (HUD) as well as other agencies in their efforts to address veterans’ housing issues. According to the Department of Veterans’ Affairs, our nation has between 76,329 to 144,842 homeless veterans.

“Veterans should have all the support possible from a grateful nation that asks so much of them,” Congressman Al Green said.

“Ensuring our brave veterans are well taken care of transcends partisanship as well as ideology, and should remain one of the top priorities for our government.”