Today, Congressman Lynch called on the Committee on Financial Services to examine current lapses in the federal oversight of equity markets in light of recent allegations surrounding the May 2010 Flash Crash.
Chairman Mike Fitzpatrick (R-PA) and Ranking Member Stephen F. Lynch (D-MA) together held the second hearing of the Task Force to Investigate Terrorism Financing, focusing on the intersection of organized crime, corruption and international terrorism.
Congressman Stephen F. Lynch (D-MA) recently introduced H.R. 2175, the FEHBP Prescription Drug Oversight & Cost Savings Act. The bill would improve federal oversight of the prescription drug benefits available to federal workers, retirees, and their families through the Federal Employees Health Benefits Program (FEHBP).
Congressman Lynch recently announced that Isabelle Xu of Westwood has won this year’s Congressional Art Competition, “An Artistic Discovery,” in the Eighth Congressional District.
In recognition of the upcoming National Emergency Medical Services (EMS) Week, Congressman Lynch recently introduced H.R. 2274, a Bill to Establish a National EMS Memorial. The legislation creates the National Emergency Medical Services Memorial Foundation, which will undertake the effort of designing, siting, and creating a memorial in Washington, D.C to honor the service and sacrifice of the nation’s EMS members.
Congressman Lynch and Congresswoman Rosa DeLauro released a statement, alongside 12 House colleagues, on the Hatch-Wyden-Ryan fast track bill and the Trans-Pacific Partnership.
Chairman Fitzpatrick and Ranking Member Lynch together led the first hearing of the Task Force to Investigate Terrorism Financing and focused on laying the groundwork to understand current policy and challenges regarding terror funding.
Congressman Lynch introduced H.R. 1463, the SEC Revolving Door Restriction Act of 2015. The legislation requires Securities and Exchange Commission (SEC) employees to wait at least one year before working for a company if they handled an enforcement action brought against that company within the previous 18 months.
Congressman Lynch traveled to South Africa, Mozambique, Zimbabwe, and Nigeria as part of a Congressional Delegation to meet with United States security and counterterrorism personnel, as well as country partners, to review Embassy security.
Congressman Lynch introduced H.R. 1216, the Maker-Taker Conflict of Interest Reform Act of 2015. This legislation requires the Securities and Exchange Commission (SEC) to carry out a pilot program to assess the impact of an alternative to the maker-taker pricing model.