Legislation introduced to enhance HUD oversight of housing counselors and strengthen protections for homebuyers.
Quiver AI Summary
Legislation Introduced for Housing Counselor Oversight: Congressman David Scott, along with Congresswoman Joyce Beatty and Congressman Cleo Fields, has introduced the Reforms to Housing Counseling & Financial Literacy Programs Act of 2025. This legislation aims to enhance the Department of Housing and Urban Development's (HUD) authority to evaluate housing counseling agencies and improve the quality of services for homebuyers.
Goals of the Legislation: The bill seeks to provide HUD with new powers for periodic reviews and direct intervention when counselors fall short in their performance. According to Congressman Scott, “When housing counseling is low-performing…it actively increases default risk.” The proposed changes aim to ensure families receive effective support in navigating homeownership and preventing foreclosure.
Key Provisions: The legislation would allow HUD to mandate additional training for underperforming counselors, possibly placing them on probation. It would also facilitate access to counseling for borrowers who are federally insured and facing mortgage delinquencies. The bill aims to address disparities in financial guidance and protect vulnerable communities from predatory lending practices.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
David Scott Fundraising
David Scott recently disclosed $112.7K of fundraising in a Q3 FEC disclosure filed on October 15th, 2025. This was the 668th most from all Q3 reports we have seen this year. 16.2% came from individual donors.
Scott disclosed $64.6K of spending. This was the 729th most from all Q3 reports we have seen from politicians so far this year.
Scott disclosed $330.3K of cash on hand at the end of the filing period. This was the 638th most from all Q3 reports we have seen this year.
You can see the disclosure here, or track David Scott's fundraising on Quiver Quantitative.
David Scott Net Worth
Quiver Quantitative estimates that David Scott is worth $3.3M, as of December 16th, 2025. This is the 210th highest net worth in Congress, per our live estimates.
Scott has approximately $8.4K invested in publicly traded assets which Quiver is able to track live.
You can track David Scott's net worth on Quiver Quantitative's politician page for Scott.
David Scott Bill Proposals
Here are some bills which have recently been proposed by David Scott:
- H.R.6673: To amend title 49, United States Code, to clarify airport revenue use of local general sales taxes, and for other purposes.
- H.R.6161: SEC Data Protection Act
- H.R.5239: Endometrial Cancer Research and Education Act of 2025
- H.R.4529: Black Farmers and Socially Disadvantaged Farmers Increased Market Share Act
- H.R.3852: Reimagining Inclusive Arts Education Act
- H.R.3697: RAVES Reporting Act of 2025
You can track bills proposed by David Scott on Quiver Quantitative's politician page for Scott.
