Ranking Member testifies against H.Con.Res. 9 before the Committee on Rules calling out the REAL threat to the U.S. democracy, and economy: HOUSE REPUBLICANS.
📺 WATCH:
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U.S. House Committee on Financial Services - Ranking Member: | Facebook: bit.ly/2Kr2d8J | YouTube: bit.ly/2YfkeeQ
U.S. House Committee on Financial Services’s Tweets
"Mr. , I urge you and the Majority to stop these divisive “gotcha” tactics, get out of the way and let my Committee and this Congress pass real legislation that puts the needs of our constituents and nation first."
- RM |
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"The right-wing extremists who are running this House have forced my Cmte to consider as its first very piece of legislation a bill that tries to say that our country will collapse in ruin because of…wait for it…Social Security."
- RM |
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"It is the contrast w/the intentionality & seriousness of the debate yesterday that makes it so hard to understand why the very first piece of legislation to come to the floor under a rule is not a proposal to address the needs of any of our constituents..."
- RM
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Republicans rail against “government handouts” & call everything “socialism.”
Yet had no problem when their own PPP loans were forgiven during the pandemic.
tried to insert their names into the record... and they objected.
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#RELEASE: Ranking Member Delivers Speech on House Floor Condemning Divisive Resolution and Republican Threats to Slash Social Security, Welfare and other Critical Programs | bit.ly/3YeW4wO
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Although the Republicans created the Subcmte on Digital Assets, Financial Technology and Inclusion they voted against an amendment adding digital assets and fintech language to their oversight plan. Why 🤔?
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At yesterday's organizational meeting - The Cmte Chairman spoke and voted against an amendment 📄 whose language is a carbon copy of a press release 📄 he put out earlier this month. 🤔 we were just as confused.
Watch:
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Ranking Member ' opening statement at the full Committee organizational meeting where the Committee approved the Subcommittee leadership and membership, the Committee Rules, and the oversight plan for the 118th Congress | 🔗: bit.ly/3JzfpEN
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Racial & economic justice go hand-in-hand, and there's no better venue to do this work than .
I'm thrilled to be re-appointed to the Committee for the 118th Congress & ready to build on the progress of the past 4 years.
Let's get to work.
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I am honored have entrusted me with the responsibility of leading the Subcommittee on Housing & Insurance for the Democratic Caucus during the 118th Congress.
We have much work to do to lower housing costs—and I’m ready to deliver For The People
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At today's House Financial Services Committee Organizational Meeting for the 118th Congress, Ranking Member congratulates Chair , welcomes back and new Cmte Members & .
WATCH 📺:
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We applaud 's proposed rule to limit excessive credit card late fees. This is money 💵💵 that American families will keep in their pockets.
Learn more about the proposed rule:
Quote Tweet
Today, the CFPB proposed a rule to curb excessive credit card late fees that cost American families about $12 billion each year.
Learn more about the proposed rule and how you can submit feedback. consumerfinance.gov/about-us/newsr
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#TuneIn: Ranking Member leads Democrats as the House Committee on Financial Services holds its Organizational Meeting for the 118th Congress.
Watch live here🔗: bit.ly/3Jw1lMo or here📺:
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BREAKING‼️
Ranking Member Announces Subcommittee Membership for Democratic Caucus on House Financial Services Committee | bit.ly/3YhD94K
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#RELEASE: Ranking Member Applauds Financial Services Committee Suspension Victories | bit.ly/3RsesAk
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I’m proud the House passed the Credit Union Board Modernization Act, which I introduced along with , to change the outdated requirement and allow credit unions and their board members more flexibility to serve their communities. For more info:
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“In addition to improving access to safe, quality, and affordable housing,... I commend the Biden Admin. for its engagement of states and local governments to advance best practices in renters’ rights at the state and local levels.”
- RM |
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“I applaud the Biden Administration’s historic release of its blueprint for a Renters Bill of Rights... now is as critical a time as ever to protect & strengthen the rights of renters, who comprise more than one in three Americans nationwide.”
- RM
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Ranking Member Applauds ’s Blueprint for A Renters Bill of Rights, Calls for Inclusion of Hard-Fought COVID Protections Led by Committee Democrats | bit.ly/3Rpu8o1
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#RELEASE: Ranking Member Announces Democratic Members Appointed to Serve on House Financial Services Committee | bit.ly/3WyHH5b
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“...I look forward to continuing the work with the Biden Administration to make our nation’s promise of fair housing and economic justice a reality for all.”
- RM |
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“I applaud the Department of Housing and Urban Development () under Secretary Marcia Fudge and the Biden Administration for the release of the long-awaited proposed rule to Affirmatively Furthering Fair Housing (#AFFH).”
- RM |
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#RELEASE: Ranking Member Applauds Biden Administration’s Proposed Fair Housing Rule to Help Eliminate Segregation and Inequality in U.S. Cities | bit.ly/3iQidTa
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“I am so proud of the work the Financial Services Cmte has done, under my previous leadership as Chair, to expose Wells Fargo’s abusive practices, & rest assured, that will continue this effort in the 118th Congress.”
- RM |
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“After a string of abusive practices, years of breaking the law... I am not surprised that #WellsFargo has finally come to the conclusion that I arrived at long ago: Wells Fargo is too big to manage and as a result, incapable of complying with the law.”
- RM
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“My Democratic colleagues & I will cont. to hold our Republican colleagues accountable, & do the work to make sure diversity & inclusion is at the forefront of our agenda b/c as we’ve proven these past 4 years, diversity matters...”
- RM |
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"Through Congress’ first-ever subcommittee of its kind, we held historic hearings and authored ground-breaking reports that provided unprecedented transparency and accountability to America’s largest financial institutions."
- RM
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“I am deeply disappointed & disturbed to hear that Cmte Republicans plan to eliminate the D&I Subcmte. When I assumed the chair in 2019, one of my first moves was to establish this subcmte in an effort to add greater scrutiny to the fin. services industry..."
-RM
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#RELEASE: Ranking Member ' Statement on Committee Republicans’ Elimination of Congress’ First-Ever #DiversityandInclusion Subcommittee | bit.ly/3QFs6iR
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. Cmte report highlights crucial efforts & 🔑 pieces of legislation that Cmte Dems successfully led to benefit the econ, hold bad actors accountable, help underserved communities & bring our nation closer to a fin. system that works for all.
READ: bit.ly/3WDEJNL
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. By the Numbers (117th Congress):
3️⃣4️⃣ Bills introduced by new Members
9️⃣6️⃣ Bills PASSED the House
3️⃣8️⃣ Bills enacted into LAW
1️⃣1️⃣0️⃣ Hearings
6️⃣9️⃣ Bills marked up in Committee
READ: bit.ly/3WDEJNL
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I do believe that 2023, will be more prosperous, more constructive, and more open for opportunities for diversity and inclusion in our country. The U.S. will continue to fight to protect our democracy and to provide leadership in the fight for democracy around the world.
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Breaking‼️
Chairwoman Releases Report Celebrating Four Years of Historic Committee () Achievements | bit.ly/3jI5amH
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A very Merry Christmas and a very happy and productive New Year. We must have hope and wish for peace on earth, as well as an end to poverty, homelessness, and hunger!
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#ICYMI: Chairwoman calls on to review ICE's $13B Black Knight deal | bit.ly/3vfmeD8 via
Cmte release: bit.ly/3GbQVPZ
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Successfully secured in the #OmnibusBill:
✔️$25M for new Housing Choice Vouchers to help an additional 11,700 households
✔️$85M in competitive CDBG to States & local govs.
✔️$225M in competitive grants to preserve & revitalize manufactured housing
& more | bit.ly/3jkfIZk
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#RELEASE: Chairwoman Calls on the to Conduct Robust Review of the Proposed Acquisition of | bit.ly/3GbQVPZ
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Chairwoman and Committee Democrats Secure Victories in the FY 2023 #Omnibus Appropriations Legislation | bit.ly/3jkfIZk
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