U.S. Representative Ed Royce

39th District of California
 
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  • Royce Statement on Administration's E.U. Covered Agreement Progress
    Posted in Press Releases on May 27, 2016 | Preview rr
    Tags: Financial Services

    U.S. Representative Ed Royce (R-Calif.), Chairman of the House Foreign Affairs Committee, released the following statement regarding the recent negotiations between the United States and the European Union on an insurance and reinsurance covered agreement: “I'm pleased to see negotiations progressing as it’s paramount the covered agreement process be allowed to play out and we promptly move forward to put aside the uncertainty, which is bad for business and consumers. The uneven application of i... Read more

  • HFSC's Waters Supports Royce Credit Union Regulatory Relief
    Posted in Press Releases on May 24, 2016 | Preview rr
    Tags: Financial Services, Economy and Jobs

    U.S. Representative Ed Royce (R-Calif.) released the following statement after U.S. Representative Maxine Waters (D-Calif.), Ranking Member of the House Financial Services Committee, cosponsored two of his bipartisan credit union regulatory relief bills (H.R. 1188 and H.R. 1422): “Freeing up our nation’s credit unions to grow their local economies isn’t a partisan cause, and I thank Ranking Member Waters for her support of these proposals that are backed by both Democrats and Republicans. Removi... Read more

  • Chairman Royce Recognized as Champion for Asian Americans
    Posted in Press Releases on May 24, 2016 | Preview rr
    Tags: Education

    In recognition of his work fighting against discrimination towards Asian Americans by elite universities, House Foreign Affairs Committee Chairman Ed Royce (R-Fullerton) has been awarded the "Champion of Equal Education Rights Award" by the Asian American Coalition for Education (AACE). “Being Asian American should not be an obstacle to receiving a top university education. It’s sad I have to make that clear in 2016. An education is the path to success for many Americans, which is why I find the... Read more

  • California GOP Delegation Releases Statement on California Water Shortage Legislation
    Posted in Press Releases on May 23, 2016 | Preview rr
    Tags: Homeowner Assistance

    U.S. Representative Ed Royce (R-Fullerton) and the Republican Members of California's Congressional Delegation issued the following statement regarding the upcoming consideration of multiple pieces of legislation addressing California's water shortages: "California House Republicans are prepared to lead Congress this week in major steps towards water solutions our state desperately needs. The House of Representatives is scheduled to consider California water legislation on the House amendment to... Read more

  • Rep. Royce Recognized for Pro-Main Street Voting Record
    Posted in Press Releases on May 23, 2016 | Preview rr
    Tags: Economy and Jobs

    U.S. Representative Ed Royce (R-Calif.) has received the “Hero of Main Street” award from the National Retail Federation (NRF) for his support of legislation critical to the retail industry. Rep. Royce is part of a bipartisan group honored for their support of a wide range of issues including international trade, infrastructure investment, tax reform and workforce issues. "California's retailers are an integral part of their communities, and hire workers from all kinds of backgrounds," said Rep.... Read more

  • Royce-Supported Bill to Remove Term "Orientals" from Federal Law Signed By President
    Posted in Press Releases on May 20, 2016 | Preview rr
    Tags: Asia and the Pacific

    Today, the President of the United States signed legislation first authored by U.S. Representatives Grace Meng (D-N.Y.) and Ed Royce (R-Calif.) to strike the term "Oriental" from preexisting federal law and replace it with “Asian American.” The newly signed bill, H.R. 4238, also removes the terms "Negroes," "Indians," and "Eskimos" from federal law. “Nobody, let alone the federal government, should use a hurtful term like ‘Orientals’ when referring to Americans of Asian descent. Our country is a... Read more

  • Royce Seeks Wildfire Fighting Funding Fix
    Posted in Press Releases on May 19, 2016 | Preview rr
    Tags: Child Safety, Homeowner Assistance

    U.S. Representative Ed Royce (R-Fullerton) has asked the leadership of the U.S. Senate to consider changes to how Congress funds the U.S. Forest Service and Department of Interior's wildfire fighting operations. In the letter, signed by 57 other members of the U.S. House of Representatives, Royce highlighted the nearly $700 million federal land agencies borrowed from land management and other important activities to fight wildfires during 2015. "As California faces another wildfire season during... Read more

  • Rep. Royce Highlights CFPB Roadblock to Credit Score Monitoring Access
    Posted in Press Releases on May 19, 2016 | Preview rr
    Tags: Financial Services

    U.S. Representative Ed Royce (R-Calif.) questioned witnesses on the impact of eliminating class-action lawsuit waivers on those offering credit monitoring services during a Financial Institutions and Consumer Credit Subcommittee hearing entitled "Examining the CFPB’s Proposed Rulemaking on Arbitration: Is it in the Public Interest and for the Protection of Consumers?” “The Credit Repair Organizations Act, CROA, is a strict liability consumer protection statute that Congress passed to defend cons... Read more

  • Royce Examines Impact of Potential Class-Action Lawsuits Against Community Financial Institutions
    Posted in Press Releases on May 19, 2016 | Preview rr
    Tags: Financial Services

    U.S. Representative Ed Royce (R-Calif.) questioned witnesses on the impact of eliminating class-action lawsuit waivers on credit unions and community banks during a Financial Institutions and Consumer Credit Subcommittee hearing entitled "Examining the CFPB’s Proposed Rulemaking on Arbitration: Is it in the Public Interest and for the Protection of Consumers?” “Community financial institutions, such as credit unions and community banks, have to maintain strong personal relationships with their c... Read more

  • Royce Pushes for SEC Accountability and Proxy Advisor Competition
    Posted in Press Releases on May 18, 2016 | Preview rr
    Tags: Financial Services

    U.S. Representative Ed Royce (R-Calif.) questioned witnesses on the need for more accountability at the Securities Exchange Commission (SEC) and the lack of competition in proxy advising during a Capital Markets and Government Sponsored Enterprises Subcommittee hearing entitled "Legislative Proposals to Enhance Capital Formation, Transparency, and Regulatory Accountability." “I had a question for Mr. Quaadman. You note in your written testimony that rule-writing entities such as the PCAOB and Mu... Read more