U.S. Representative Ed Royce

U.S. Representative Ed Royce (R-Fullerton), Chairman of the House Foreign Affairs Committee, released the following statement to mark Human Trafficking Awareness Day: "Modern day slavery results in a $150 billion a year profit. It's egregious and unacceptable that millions of people around the world are trafficked. That's why I'm proud to be a leader in the fight against this heinous crime. While Congress has made progress by giving more resources to those on the front lines, there is still plen... Read more

Today, U.S. Representatives Ed Royce (R-Calif.), Jared Huffman (D-Calif.), Don Young (R-Alaska), and Peter DeFazio (D-Ore.) introduced H.R. 389, the Credit Union Residential Loan Parity Act. The bill ensures that loans to finance the purchase of small apartment buildings from both credit unions and banks are considered residential real estate loans: "The Credit Union Residential Loan Parity Act unleashes billions of dollars of capital for small businesses at no cost to taxpayers and drives local... Read more

U.S. Representative Ed Royce (R-Fullerton) released the following statement after voting in favor of the Inspiring the Next Space Pioneers, Innovators, Researchers, and Explorers (INSPIRE) Women Act (H.R. 321) and the Promoting Women in Entrepreneurship Act (H.R. 255): “Inspiring young women to pursue careers in science, engineering, math and technology fields will help us build a stronger workforce, economy, and nation. If given the right tools and resources, there are no limits to what women i... Read more

U.S. Representatives Ed Royce (R-Calif.) and Terri Sewell (D-Ala.), members of the House Financial Services Committee, released the following joint statement in reaction to today's release of the Federal Housing Finance Agency (FHFA) 2017 Scorecard: “Alternative credit score consideration by the GSEs is a win-win: it opens up the market to those looking to buy a home in a responsible manner and fosters healthy competition in the credit scoring field. That's why there is strong bipartisan support... Read more

U.S. Representative Ed Royce (R-Fullerton) announced this year's winners from California's 39th Congressional District of the Congressional Award, the highest honor Congress bestows upon young Americans. This Congressional recognition is reserved for students who have completed up to 100 hours in the areas of public service, physical fitness, and personal development. A full list of winners can be viewed here. “The Congressional Award Program not only encourages public service, it fosters a sens... Read more

Thursday, two bills were introduced by a bipartisan group of members on the House Financial Services Committee to lay the groundwork for housing finance reform next Congress -- H.R. 6500, the Moving Housing Forward Act, introduced by Congressmen John K. Delaney (D-MD), John Carney (D-DE), and Jim Himes (D-CT) and H.R. 6487, the Taxpayer Protections and Market Access for Mortgage Finance Act introduced by Congressman Ed Royce (R-CA) and Congresswoman Gwen Moore (D-WI). Both proposals seek to addr... Read more

U.S. Representative Ed Royce (R-Calif.) questioned witnesses about the ramifications of recent rules and regulations on short-term access to capital during a Subcommittee on Capital Markets and Government Sponsored Enterprises hearing entitled “The Impact of Regulations on Short-Term Financing.” “The United States is home to capital markets that are unmatched in terms of the size of our markets, the transparency, the depth, and the resiliency as we have seen. They provide the fuel that keeps the... Read more

Today, U.S. Representative Ed Royce (R-Fullerton) voted for S. 612, the Water Infrastructure Improvements for the Nation (WIIN) Act, legislation to alleviate water shortages in California. The landmark compromise is the result of negotiations between California House Republicans and U.S. Senator Dianne Feinstein (D-Calif.) and will now be considered in the U.S. Senate. "Delivering relief from water shortages to California's families and farms isn't about politics. I'm glad that both sides of the... Read more

Today, U.S. Representatives Ed Royce (R-Calif.) and Gwen Moore (D-Wisc.), introduced H.R. 6487, the Taxpayer Protections and Market Access for Mortgage Finance Act, legislation requiring the GSEs to increase credit risk transfers (CRT) with the private sector. “Growing private sector participation in the secondary housing market reduces taxpayer exposure to future losses. Congress should encourage Fannie and Freddie to increase the amount and the types of credit risk transfer transactions to the... Read more

U.S. Representative Ed Royce (R-Fullerton) released the following statement after voting for the 21st Century Cures Act, landmark legislation to strengthen the government's search for cures to diseases like cancer, Alzheimer's, and cystic fibrosis, reform the nation's mental health care system, and bolster the fight against opioid abuse: "Today's effort is the culmination of years of feedback from doctors, nurses, scientists, and, most importantly, patients. I was glad to be a part of this victo... Read more