By Congresswoman Gwen Moore "Now that I need help it's nowhere to be found..." My constituent, Cassie Jones,* sits in her apartment, which she has rented since 1986, wondering how she will pay the rent next month. Since she lost her job of 18 years, she has been surviving on unemployment benefits and her savings account. Over 150 job applications later, her… Read more »
By Congressional Progressive Caucus Congressional Progressive Caucus WASHINGTON--Congressional Progressive Caucus Co-Chairs Reps. Raul M. Grijalva (D-AZ) and Keith Ellison (D-MN), along with Progressive Caucus Members Sen. Bernie Sanders (I-VT) and Reps. Xavier Becerra (D-CA), Andre Carson (D-IN), Matt Cartwright (D-PA), Judy Chu (D-CA), David Cicilline (D-RI),Yvette… Read more »
In what may well be a ‘pivotal year’ for fiduciary decisions, DOL is moving forward while the SEC may not move at all Less than a month apart, the women behind the crafting of fiduciary rulemakings at the Department of Labor and the Securities and Exchange Commission made some definitive comments about their respective proposals. In late February, SEC… Read more »
By Nicole Duran **Ryan to meet with Congressional Black Caucus at end of April** The firestorm surrounding U.S. Rep. Paul Ryan's comments about poverty on a conservative radio show hasn't flamed out. Adding fuel to the fire was a letter from the 43-member Congressional Black Caucus--spearheaded by fellow delegation member, Rep. Gwen Moore,… Read more »
By Sean Forbes Phyllis C. Borzi, assistant secretary for the Department of Labor's Employee Benefits Security Administration, doesn't have 21 questions for people who doubt whether the agency's expected re-proposed fiduciary regulations are necessary. She has only three. Borzi, speaking March 12 at a meeting of the Financial Services Roundtable,… Read more »
I join President Obama in his commitment to expanding opportunity to all Americans. I urge Rep. Ryan to join the president, and my Democratic colleagues, as we work to loosen poverty's grasp. Read more »
By Chris Weigant #6 Republicans don't support consumers This is pretty stunning, even though the Senate can be counted on to ignore such nonsense. The House is working on a bill which would cripple the Consumer Financial Protection Bureau, and we find we cannot improve at all upon what Representative Gwen Moore had to say, in response: H.R. 3193 seeks to… Read more »
WASHINGTON, Feb 27 (Reuters) - TheWASHINGTON, Feb 27 (Reuters) - The Republican-led U.S. House of Representatives passed a bill on Thursday to overhaul the U.S. consumer financial watchdog, although the politically charged legislation stands little chance of becoming law. By Emily Stephenson WASHINGTON (Reuters) - The Republican-led U.S. House of Representatives passed a… Read more »
