Examining De-risking and its Effect on Access to Financial Services

The House Financial Services Committee hearing on February 15, 2018, titled “Examining De-risking and its Effect on Access to Financial Services,” was a positive step forward for the NPA and pawnbrokers. The hearing covered the issue of discontinuance and the related impact to small business. The pawn industry received noteworthy bipartisan attention. Please review the pertinent links and video of the hearing below.

VIDEO: “Examining De-risking and its Effect on Access to Financial Services” Hearing

Thursday, February 15, 2018 (9:30 AM) — Subcommittee on Financial Institutions and Consumer Credit (Committee on Financial Services) Hearing:

This 10 minute video has been edited down to the relevant sections for members of the NPA.

MEMORANDUM, Published by the FSC Majority Staff to the Committee on Financial Services

https://financialservices.house.gov/uploadedfiles/021518_fi_memo.pdf

 

NPA STATEMENT, RE: Hearing – “Examining De-risking and its Effect on Access to Financial Services”

https://assets.nationalpawnbrokers.org/2018/02/De-Risk-HFSC-Hearing_2_15_18_NPA-Letter-fb.pdf