Economy Taxes and Trade
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Washington, D.C. – Last night, the House voted to adopt Congressman Brad Sherman’s (D-Sherman Oaks) and Chair of the House Financial Services Committee Maxine Waters’ (D-CA) amendment to punish Russian interference in U.S. elections in 2016, 2018 and 2020. The Sherman-Waters amendment prohibits Americans from purchasing Russian sovereign debt.
Los Angeles, California – Congressman Brad Sherman (D-Sherman Oaks), member of the House Committee on Science and Space, helped commemorate the completion of Aerojet Rocketdyne’s major expansion of its San Fernando Valley facility that will play a critical part in the future of NASA and human space exploration.
Washington, D.C. – Today, Congressman Sherman sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler regarding actions taken by Renren executives at the cost of company shareholders, as well as the involvement of Renren CEO, Joseph Chen, in the recent public listing via special purpose acquisition company (SPAC) by SoFi. In this letter, Congressman Sherman seeks information related to SEC oversight as it relates to activities carried out by Renren leadership as well as whether the Commission has the tools necessary to effectively protect investors.
Congressman Brad Sherman announced that nearly $9 million in federal funds for projects in the San Fernando Valley have been included in legislation passed by the House of Representatives.
This week the House passed a package of funding bills, which included a dozen community projects requested by Congressman Sherman.
Congressman Brad Sherman announced that nearly $900,000 in federal funds for projects in the San Fernando Valley have been advanced by Congressional panels.
This week the House Appropriations Committee advanced both the Interior and Financial Services federal funding bills, which included two community projects requested by Congressman Sherman.
The funds requested by Congressman Sherman are to both provide technical assistance to small businesses in the San Fernando Valley and to reduce fire risks in our region while also restoring public park land.
Washington, D.C. - Congressman Brad Sherman announced today that the House Committee on Transportation and Infrastructure approved more than $21 million for San Fernando Valley road improvements and mass-transit projects requested by Congressman Sherman. The bill now heads to the House floor where passage is expected, and then to the Senate.
Washington, DC – On Tuesday, May 18, the House passed bipartisan legislation led by Congressman Brad Sherman (D-Sherman Oaks), Chair of the House Subcommittee on Investor Protection and Capital Markets, and Congressman Van Taylor (R-TX) to make it easier for homebuyers to purchase a home with a Federal Housing Administration (FHA) mortgage. H.R. 3008, the Homebuyer Assistance Act of 2021 would do this by reducing a number of hurdles which appraisers currently face before they are allowed to perform appraisals for home purchases financed by an FHA mortgage.
Washington, D.C. – Congressman Brad Sherman (D-CA) applauded the decision by President Biden today to impose new sanctions against Russia, policy which closely parallels legislation advanced by Congressman Sherman and Chairwoman Maxine Waters (D-CA) starting in 2019. This action by the President makes clear that the United States will act firmly and forcefully to hold Russia accountable for its aggression against the United States and other nations.
Washington, D.C. – Congressman Brad Sherman (D-Sherman Oaks) testified today before the House Transportation and Infrastructure Committee, urging them to include additional federal funding in the upcoming Infrastructure bill for a subway through and improvements to the Sepulveda Pass.
Washington, D.C. – Today the House passed the Protecting the Right to Organize (PRO) Act, which protects workers’ right to organize a union and bargain for higher wages and better benefits. Congressman Sherman applauds Chairman of the Education & Labor Committee, Bobby Scott, for including a provision in the PRO Act that eliminates so-called ‘right-to-work’ laws nationwide.