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Press Releases

December 8, 2003

[Washington, D.C.] " Congressman Brad Sherman (D-CA), a member of the House Financial Services Committee, announced today his sponsorship of H.R. 3579, the Credit Union Regulatory Improvements Act of 2003.

The Credit Union Regulatory Improvements Act of 2003 would provide greater regulatory flexibility for credit unions, make changes in federal law with respect to credit union member business lending and modernize credit union capital requirements by including risk assets in net worth ratios.

October 17, 2003
[Washington, D.C.] " Today, the House passed (248-179) an amendment by Congressman Brad Sherman (D-CA) to require open competitive bidding on all contracts to build oil infrastructure in Iraq. Every Democrat, and 47 Republicans voted for the amendment drafted in response to controversial contracts awarded to major Bush contributors, especially Halliburton.

The vote surprised most observers as it is rare that the Republican-dominated House passes legislation so clearly aimed at the White House.

September 10, 2003
[Washington, D.C.] " Congressman Brad Sherman announced today that his ongoing efforts to improve transportation in the Valley were earning dividends as the House of Representatives passed the Transportation, Treasury, and Independent Agencies Appropriations Act for Fiscal Year 2004.
July 29, 2003
[Washington, D.C.] " Congressman Brad Sherman announced today that the House of Representatives passed a bill providing $100,000 for care management and expansion of the intergenerational daycare program at ONEgeneration in Van Nuys, formerly known as ONE.

"ONEgenerations intergenerational daycare is a model program that provides services to both young children and seniors," said Sherman. "Its a model that is working, and waiting lists for the program grow daily. I am pleased that my colleagues supported my request and this important Valley project," he said.

July 15, 2003

[Washington, D.C.] " Today, Congressman Brad Sherman introduced a bill designed to clarify ambiguities in the line of presidential succession -- a statutory change, not a Constitutional amendment.

June 24, 2003

[Washington, D.C.] " Congressman Brad Sherman (D-CA), a member of the House Financial Services Committee, was joined today by Financial Services Committee Chairman Michael Oxley (R-OH) and Ranking Member Barney Frank (D-MA) in asking the National Credit Union Administration (NCUA) to study the effect of allowing federally insured credit unions to have supplemental forms of capital included within the definition of "net worth."

June 11, 2003
[Washington, D.C.] " A bill introduced by Rep. Carolyn Maloney (NY-14) and Rep. Brad Sherman (CA-27) would eliminate tax write-offs for corporations that use the 24 all-male golf clubs in the United States clubs for business purposes. Martha Burk, Chair of the National Council of Womens Organizations and critic of Augusta National Golf Club for its discriminatory policies, has worked closely with Reps.
June 5, 2003

[Washington, D.C.] " Congressman Brad Sherman continues to lambast Republican proposals to provide tax cuts for wealthy Americans, proposals that will burden future generations with overwhelming deficits. Below are a series of speeches he has delivered on the House Floor. The charts that accompany these speeches are available at the following links: https://www.house.gov/sherman/images/republicard.gif

May 6, 2003

[Washington, D.C.] Congressman Brad Sherman brought his effort to improve education in the Valley before the House Appropriations Committee's Subcommittee on Labor, Health, Human Services, and Education.

Shermans testimony focused on two valley projects: HighTechHigh, the first school of its kind in Los Angeles to incorporate cutting edge technology training into secondary education, and the Center for Adaptive Aquatic Therapy, a nationally-recognized adapted aquatic therapy research program at the California State University, Northridge (CSUN).

April 29, 2003

[Washington, D.C.] – Congressman Brad Sherman, the top Democrat on the new House Subcommittee on International Terrorism, Non-proliferation and Human Rights, continues to call on the Belgian government to clarify their laws concerning the prosecution of non-Belgians for crimes against humanity.