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Agenda - Financial Institutions, Economic Development & Trade Committee Virtual Work Session (May 28, 2020)

Summary

Agenda of the Financial Institutions, Economic Development & Trade Committee of the Washington State Senate for a virtual work session on Thursday, May 28, 2020. Senator Mark Mullet is listed as Chair, Senator Bob Hasegawa as Vice Chair and Senator Lynda Wilson as Ranking Member. The work session items are an update on COVID-19 foreclosure activity in Washington State, implementation of the CARES Act Small Business Administration paycheck protection loan and loan refinancing programs, small business perspectives on the paycheck protection program, and an update on COVID-19 from the Office of the Insurance Commissioner. Listed presenters include Cindy Fazio and Roberta Hollinshead of the Department of Financial Institutions.

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“Agenda - Financial Institutions, Economic Development & Trade Committee Virtual Work Session (May 28, 2020).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2020-05-28-a26875-d221212-agenda-240eb6f03c/, SHA-256 4f19eca451a0d25093c58663baad838b2aa25bb4f27ea266dc669c6328bfca67.

Full text

   Senate Committee Services                                                                               Senator Mark Mullet, Chair
         PO Box 40466                      Washington State Senate                                     Senator Bob Hasegawa, Vice Chair
   Olympia, WA 98504-0466                                                                            Senator Lynda Wilson, Ranking Member
        (360) 786-7400
                                          Financial Institutions, Economic
                                          Development & Trade Committee


     Virtual Work Session                                    May 28, 2020                                              1:00 p.m.
                                                             THURSDAY
   Work Session:
   1. Update on COVID-19 foreclosure activity in Washington State.
      a. Department of Commerce.
         o Cecil Daniels, Managing Director, Community Economic Opportunities Unit, Community Services
             & Housing Division
        b. Washington State Housing Finance Commission
           o Rich Zwicker, Senior Policy Advisor
        c. Department of Financial Institutions.
           o Cindy Fazio, Director of Consumer Services, DFI
   2. Implementation of the CARES Act Small Business Administration paycheck protection loan and loan
      refinancing programs.
      a. Department of Financial Institutions.
          o Roberta Hollinshead, Director of Banks, DFI
        b. Banks and credit unions.
           o Glen Simecek, President & CEO, Washington State Banker's Association
           o Joe Kiley, President CEO & Director, First Financial Northwest Bank
           o Trent House, Lobbyist, Washington Bankers Association
           o Joe Adamack, Vice President, WA Legislative Affairs, Northwest Credit Union Association
           o Jennifer Kutcher, President & CEO, WECU
   3. Small business perspectives on the paycheck protection program.
         o Patrick Connor, State Director, National Federation of Independent Businesses
         o Jeff Chambers, Visiting Angels, Tacoma
         o Lois Cook, America's Phone Guys, Vancouver
         o Jim Dixson, Friendly Computers, Spokane Valley
         o Bob Lycke, KR Inc., Mountlake Terrace
         o Mark Peterson, H&H Furniture, Yakima
   4. Update on COVID-19.
      a. Office of the Insurance Commissioner.
         o Lonnie Johns Brown, Legislative Director, OIC
        Possible other business. Meeting is scheduled to end at 3:00 p.m.
This meeting is being conducted virtually and can be viewed on TVW: https://www.tvw.org/watch/?eventID=2020051050



                      Committee meeting documents can be accessed through the committee's website:
                          http://www.leg.wa.gov/Senate/Committees/FIET/Pages/default.aspx

 Committee Members: Sen. Mark Mullet, Chair | Sen. Bob Hasegawa, Vice Chair | Sen. Lynda Wilson, Ranking Member | Sen. John Braun | Sen.
                                          Mona Das | Sen. Doug Ericksen | Sen. Steve Hobbs

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