Committee

Standing Committee on Banking, Insurance & Other Financial Matters

Reviews legislation and policies relating to banking, insurance, and the financial services sector to ensure economic stability and consumer protection.

It is the duty of this Committee to consider and report on all bills, resolutions and other matters referred to it by the Senate pertaining to banking, insurance, private and public investments, loans, private savings and indebtedness, oversight of foreign investment and financial regulatory bodies and other related subject.

Members

Honorable Lentcer Basilius
Chairman
Honorable Secilil Eldebechel
Vice Chairman
Senator-Inabo
Honorable Rukebai Kikuo Inabo
Senator-Melairei
Honorable Brian Melairei
Senator-Nakamura
Honorable Siegfried Bai Nakamura
Senator-Remengesau
Honorable TJ Imrur Remengesau
Senator-Rudimch
Honorable Mark U. Rudimch
Senator-Sungino
Honorable Kazuiki L. “Topps” Sungino

Legislation Assigned

Res.
S.R. No. 12-100
4 Jun 2026
Presidential Reappointment Moses to NDBP BOD
In Progress
Res.
S.R. No. 12-98
4 Jun 2026
Presidential Reappointment of Chilton NDBP Board
Adopted
Res.
S.R. No. 12-99
4 Jun 2026
Presidential Reappointment Rechebei to NDBP
In Progress
Bill
S.B. No. 12-63
1 Apr 2026
Exemption of long-term residential rental accommodations from PGST
In Progress
Bill
S.B. No. 12-18
11 Mar 2025
Time Limit for Bank to be in Receivership
In Progress