A bill to amend the Community Development Banking and Financial Institutions Act of 1994 to require the Secretary of the Treasury to testify before Congress, and for other purposes.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3940 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 3940 To amend the Community Development Banking and Financial Institutions Act of 1994 to require the Secretary of the Treasury to testify before Congress, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES February 26, 2026 Mr. Daines (for himself, Mr. Warner, Mr. Crapo, Ms. Smith, Mr. Rounds, Mr. Kim, Mr. Risch, Mr. Schumer, Mr. Justice, Ms. Klobuchar, Mrs. Fischer, Mr. Booker, Mr. Wicker, Mr. Hickenlooper, Mr. Sheehy, Mr. Van Hollen, Mr. Sullivan, Mrs. Gillibrand, Mrs. Hyde-Smith, Mr. Coons, Mr. Peters, Mr. Bennet, Mrs. Britt, Mr. Wyden, Mr. Cassidy, Mr. Durbin, Ms. Murkowski, Mr. Cramer, Mr. Boozman, and Mr. Heinrich) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To amend the Community Development Banking and Financial Institutions Act of 1994 to require the Secretary of the Treasury to testify before Congress, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Access to Fair Financing for Opportunity and Resilient Development Act''. SEC. 2. REQUIREMENT TO TESTIFY. Section 104(b) of the Community Development Banking and Financial Institutions Act of 1994 (12 U.S.C. 4703(b)) is amended by adding to the end the following: ``(5) Annual testimony.--The Secretary of the Treasury (or a designee of the Secretary) shall, at the discretion of the chairman of the Committee on Banking, Housing, and Urban Affairs of the Senate and chairman of the Committee on Financial Services of the House of Representatives, annually testify before such committees (or a s