Press Releases
Washington, D.C. – Today, the House of Representatives will vote on and is expected to pass Congressman Brad Sherman's (D-CA)Disaster Protection Workers' Credit Act, as included in the HEROES Act. This bill is House Democrats' latest legislation to address the continued public health crisis and provide desperately needed support for struggling families and essential workers.
Washington, D.C. – On Friday the House is expected to pass, chiefly with Democratic support, the Health and Economic Recovery Omnibus Emergency Solutions Act. It includes $1.5 billion for the National Institutes of Health to prevent, prepare for, and respond to the coronavirus.
Sherman Oaks – Last night, thousands of Valley residents participated in Congressman Brad Sherman's (D-Sherman Oaks) 4th interactive "Coronavirus Telephone Town Hall".
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac, the country's two largest housing market participants, have launched databases available online to allow renters to find out whether they are covered by federal eviction protections provided by the CARES Act.
Sherman Oaks – Last night, thousands of Valley residents called in to Congressman Brad Sherman's (D-Sherman Oaks) 3rd interactive "Coronavirus Telephone Town Hall".
Sherman Oaks – Last night, thousands of Valley residents called in to Congressman Brad Sherman's (D-Sherman Oaks) 2nd interactive "Coronavirus Telephone Town Hall".
Sherman Oaks – Last night, thousands of Valley residents called in to an interactive "Coronavirus Telephone Town Hall" hosted by Congressman Brad Sherman (D-Sherman Oaks).
Washington, D.C. – Congressman Brad Sherman (D-Sherman Oaks), who is also Chair of the House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, introduced legislation which directs the SEC to put in place new rules to require public companies to disclose their risks and exposures to pandemics at the outset of any new outbreak. This bill, the Pandemic Disclosure Act, contains disclosure requirements which would only be triggered when the World Health Organization declares that a health event has become a pandemic.
Washington, D.C. – Congressman Brad Sherman (D-Sherman Oaks), who is also Chair of the House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, has introduced legislation to temporarily waive certain mortgage underwriting requirements that call for a new in-home appraisal to be completed for a mortgage to be eligible for a federal program or to be guaranteed by Fannie Mae or Freddie Mac. The current coronavirus outbreak makes it imperative that individuals limit their contact with one another as much as possible.
Washington, D.C. – Today, Congressman Brad Sherman (D-Sherman Oaks) introduced legislation to ensure that individuals' credit scores are not negatively impacted as a result of the coronavirus outbreak. For those who rely on steady paychecks to make rent, utility, credit card or mortgage payments, the months ahead will be difficult, and there will be missed payments. And that means lower credit scores. Lower credit scores will result in higher interest rates and reduced opportunities for homeownership.