simple resolution Progress
- The house Passed January 29th, 2019Passed by Voice Vote
Committee on Financial ServicesIntroducedJanuary 25th, 2019
- house Committees
Federal employees who were affected by the partial government shutdown were put into tight financial positions through no fault of their own. Since this was a bad situation they couldn’t control, these people shouldn’t face credit downgrades resulting from the shutdown and the House asking banks to work with them is helpful.
Banks & credit unions were already working with impacted clients and given that the government shutdown was 35 days, and a single 30-day late payment shouldn’t impact most people’s credit scores, most federal employees shouldn’t see damage to their credit scores. This bill is a non-binding empty gesture.