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Postal Service Financial Improvement Act of 2019 This bill directs the Department of the Treasury to invest part of the Postal Service Retiree Health Benefits Fund in market-based index funds and establishes a Postal Service Retiree Health Benefits Fund Investment Committee to advise Treasury on investments made from the fund. Specifically, Treasury shall (1) invest a specified percentage of the fund, using one or more qualified professional asset managers, in index funds modeled after those established for Thrift Savings Fund investments; and (2) ensure that the investment replicates the performance of the longest-term target date asset allocation investment fund established by the Federal Retirement Thrift Investment Board. Thespecified percentageto be invested is defined as 25% of the currently available portions of the fund as are not immediately required for payments from the fund, except that the committee may specify a higher percentage, not to exceed 30%, not earlier than five years after this bill's enactment and as appropriate thereafter. Treasury shall annually engage an independent qualified public accountant to audit the financial statements of such investments and shall submit an annual management report that includes * statements of financial position, operations, and cash flows; * a statement on internal accounting and administrative control systems; * the report resulting from the audit; and * any other comments and information necessary to inform Congress about the operations and financial condition of the investments.

Protecting National Security in Financial Investments Act This bill requires the Securities and Exchange Commission to determine whether issuers of securities must disclose investments in certain persons reasonably believed to be involved, or to pose a significant risk of being or becoming involved, in activities contrary to the national security or foreign policy interests of the United States. The Department of State must annually submit to Congress a list of Chinese entities associated with specified military activities.

Jobs and Neighborhood Investment Act This bill establishes investment programs and generally revises provisions related to community development financial institutions and minority depository institutions. The Department of the Treasury must establish a Neighborhood Capital Investment Program to facilitate direct capital investments in low- and moderate-income community financial institutions. To qualify for the program, these institutions must, among other things, (1) demonstrate specified lending history regarding low-and moderate-income borrowers and other targeted populations, and (2) provide details regarding plans to expand or maintain lending to certain minority communities and historically disadvantaged borrowers. The bill also establishes the Neighborhood Loan Program through the Federal Reserve Board's emergency powers to create a credit facility for small business loans, specifically targeting low- and moderate-income community financial institutions serving low- and moderate-income and minority communities. The bill requires certain amounts available through existing COVID-19 (i.e., coronavirus disease 2019) economic aid programs to be set aside for the Community Development Financial Institutions Fund. Regarding minority depository institutions, the bill * establishes the Minority Bank Deposit Program to expand the use of minority depository institutions to hold the deposits of federal departments and agencies, * allows new minority depository institutions to take three years to meet initial capital requirements, and * establishes a program allowing minority depository institutions to apply to receive deposits from certain Treasury accounts.

Jobs and Neighborhood Investment Act This bill establishes investment programs and generally revises provisions related to community development financial institutions and minority depository institutions. The Department of the Treasury must establish a Neighborhood Capital Investment Program to facilitate direct capital investments in low- and moderate-income community financial institutions. To qualify for the program, these institutions must, among other things, (1) demonstrate specified lending history regarding low-and moderate-income borrowers and other targeted populations, and (2) provide details regarding plans to expand or maintain lending to certain minority communities and historically disadvantaged borrowers. The bill also establishes the Neighborhood Loan Program through the Federal Reserve Board's emergency powers to create a credit facility for small business loans, specifically targeting low- and moderate-income community financial institutions serving low- and moderate-income and minority communities. The bill requires certain amounts available through existing COVID-19 (i.e., coronavirus disease 2019) economic aid programs to be set aside for the Community Development Financial Institutions Fund. Regarding minority depository institutions, the bill * establishes the Minority Bank Deposit Program to expand the use of minority depository institutions to hold the deposits of federal departments and agencies, * allows new minority depository institutions to take three years to meet initial capital requirements, and * establishes a program allowing minority depository institutions to apply to receive deposits from certain Treasury accounts.

This bill sets forth special tax rules for determining whether financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.

This bill establishes the Community Capital Investment Program to provide capital investments and interest-free loans to community development financial institutions, minority depository institutions, and certain small credit unions and banks to support low-income borrowers.

American Financial Markets Integrity and Security Act This bill generally prohibits investments in certain Chinese military companies and entities reasonably believed to be involved in activities contrary to the national security or foreign policy interests of the United States. These entities may not sell securities to U.S. markets. Investment companies, insurance companies, and retirement plans are prohibited from investing in these entities. The bill also prohibits the use of federal funds to enter into or renew a contract with these entities. Furthermore, the Department of Commerce and the Office of the Director of National Intelligence—in addition to the Department of Defense as under current law—are allowed to add entities to the list of Chinese military companies.

American Financial Markets Integrity and Security Act This bill generally prohibits investments in certain Chinese military companies and entities reasonably believed to be involved in activities contrary to the national security or foreign policy interests of the United States. These entities may not sell securities to U.S. markets. Investment companies, insurance companies, and retirement plans are prohibited from investing in these entities. The bill also prohibits the use of federal funds to enter into or renew a contract with these entities. Furthermore, the Department of Commerce and the Office of the Director of National Intelligence—in addition to the Department of Defense as under current law—are allowed to add entities to the list of Chinese military companies.

This bill establishes the Community Capital Investment Program to provide capital investments and interest-free loans to community development financial institutions, minority depository institutions, and certain small credit unions and banks to support low-income borrowers.

Inspiring Nationally Vibrant Economies Sustaining Tribes Act of 2020 or the INVEST Act This bill expands the definition oflow-income communityfor purposes of the new markets tax credit to include lands held in trust for Native Americans, lands that enclose all or part of a Native American village, or Indian tribal lands. It also prioritizes the allocation of credit amounts for investment in American Indian, Alaska Native, and Native Hawaiian communities and requires an allocation of at least 10% of credit amounts to certain Indian community development entities for investments that primarily serve low-income communities. The bill directs the Bureau of Indian Affairs in the Department of the Interior to provide technical assistance to qualified Indian community development entities regarding applications for allocations of the new markets tax credit and to work with the Community Development Financial Institutions Fund to provide assistance to such entities.

National Infrastructure Investment Corporation Act of 2019 This bill establishes the National Infrastructure Investment Corporation to finance infrastructure projects that are beyond the financing capabilities of states and cities, including to (1) prioritize projects in a fair and efficient manner, and (2) minimize financial costs to the federal government.

Transparency in Chinese Government Investment Act of 2020 This bill requires the Securities and Exchange Commission (SEC) to report on whether certain disclosures by an issuer of securities organized under the laws of China are necessary or appropriate under investor protection and fair dealing requirements. Specifically, the SEC must report on the necessity of disclosures by these issuers regarding their material financial support for certain Chinese policies or plans, material financial support received from China, and certain individuals' involvement with the Chinese government. If these disclosures are found to be necessary or appropriate, the SEC must prescribe regulations requiring such disclosures.

Financial Services Innovation Act of 2019 This bill addresses the regulation of financial products and services. Specifically, the bill allows persons intending to offer a financial innovation to petition specified financial regulatory agencies regarding existing areas of regulation. A petitioner may request a modification or waiver of an agency regulation. The bill sets forth requirements regarding the petition process, a safe harbor for petitioners from enforcement, and enforceable compliance agreements. Agencies must biannually publish a list of financial regulatory areas the agency would consider modifying or waiving through the petition process. The bill also establishes Financial Services Innovation Offices at these agencies to assist petitioners. These offices must also generally support the development of financial innovations and coordinate with other offices to share data.

Consumer Financial Education and Empowerment Act This bill establishes within the Consumer Financial Protection Bureau a program to award grants to certain nonprofit organizations, state governments, and local governments for financial literacy programs. Programs eligible for grants may include education regarding credit, student loan debt, homeownership, investments, retirement, or starting a business.

Transparency in Chinese Government Investment Act of 2020 This bill requires an issuer of securities to disclose in certain annual reports and in an initial public offering involvement with China. Specifically, issuers must report participation in certain Chinese policies or plans, financial support from China, and certain individuals' involvement with the Chinese government.

Small Business and Community Investments Expansion Act of 2020 This bill allows a Federal Home Loan Bank to make long-term advances to certain community development financial institutions and insured credit unions for activities related to small businesses, small farms, small agri-businesses, and community development. Currently, only certain community development financial institutions may qualify for these advances.

Weatherization Enhancement and Local Energy Efficiency Investment and Accountability Act of 2019 This bill reauthorizes through FY2024 and revises the Weatherization Assistance Program (WAP), including by requiring the Department of Energy to award financial assistance to nonprofit organizations for WAP enhancement and innovation, such as installing renewable energy systems. WAP reduces energy costs for low-income households by increasing the energy efficiency of their homes.

Weatherization Enhancement and Local Energy Efficiency Investment and Accountability Act This bill reauthorizes through FY2024 and revises the Weatherization Assistance Program (WAP), including by requiring the Department of Energy to award financial assistance to certain private or nonprofit entities for WAP enhancement and innovation, such as installing renewable energy systems. WAP reduces energy costs for low-income households by increasing their energy efficiency.

Investing in Veteran Entrepreneurial Talents Act or the Investing in VETS Act This bill raises from 3% to 5% the federal contracting participation goal for small businesses that are owned and controlled by service-disabled veterans, requires the Small Business Administration to certify these small businesses, and prohibits a small business from self-certifying as owned and controlled by a service-disabled veteran.

Scale-Up Manufacturing Investment Company Act of 2020 This bill establishes a scale-up manufacturing investment company (SUMIC) program within the Small Business Administration (SBA) to provide leverage for participating investment funds (PIFs) to support debt and equity investments in qualifying manufacturing projects of specified small and emerging manufacturers. The SBA may provide up to $1 of leverage for every $1 of private capital raised by a PIF, not to exceed a certain amount, and the SBA must charge a leverage fee of between 3% and 5.5% of the face amount of the leverage issued. Each PIF may borrow money and issue debentures and preferred securities. Of the SBA leverage provided to a PIF (1) at least 70% must be issued as debentures, and (2) up to 30% may be issued as preferred securities. Certain banks may invest in any one or more PIFs, or in any entity established to invest solely in PIFs. However, the total amount of such investments may not exceed 5% of the bank's capital and surplus. Each PIF shall be subject to examination by the SBA and shall submit a semiannual, written valuation of its loans and investments. The SBA shall issue policy directives to increase investments by PIFs in small businesses owned and controlled by socially and economically disadvantaged individuals and by women, veterans, or individuals with disabilities. The SBA may establish a SUMIC Credit Council to advise on carrying out the program.

Sustainable Investment Policies Act of 2020 This bill requires investment advisers to establish and follow a sustainable investment policy, including policies relating to the corporate governance practices, labor and human rights practices, and the environmental risks of the entities receiving investments.

Blocking Investment In Our Adversaries Act This bill limits the investments of the International Stock Index Investment Fund (I Fund) under the Thrift Savings Plan. Specifically, it prohibits the I Fund from investing in any entity based in a peer or near-peer competitor nation, including China or Russia.

Fair Access to Financial Services Act of 2020 This bill prohibits financial institutions from discriminating on the basis of race, color, religion, national origin, or sex, including sexual orientation and gender identity. The bill also provides an aggrieved person with a private right of action for preventive relief.

Fair Access to Financial Services Act of 2020 This bill prohibits financial institutions from discriminating on the basis of race, color, religion, national origin, or sex, including sexual orientation and gender identity. The bill also provides an aggrieved person with a private right of action for preventive relief.

Investment in Tomorrow's Pediatric Health Care Workforce Act This bill reauthorizes and revises the pediatric specialty loan repayment program. The program provides qualified pediatric medical specialists or child and adolescent mental, behavioral, and psychiatric health specialists up to three years of loan repayment in exchange for two years of service providing health care in an area with limited access to such care.