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SenGillibrand's profile
Kirsten Gillibrand
Kirsten Gillibrand
Kirsten Gillibrand
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@SenGillibrand

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Kirsten GillibrandVerified account

@SenGillibrand

US Senate candidate, NY

Theo and Henry's mom, U.S. Senator from New York, author of NYT bestseller Off the Sidelines. Pitcher, but sometimes left fielder. Democrat.

New York
kirstengillibrand.com
Joined September 2009

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    1. Kirsten Gillibrand‏Verified account @SenGillibrand Apr 25
      US Senate candidate, NY

      Millions of Americans have fallen victim to predatory payday loans. Here is how we can break this vicious cycle:https://www.huffingtonpost.com/entry/kirsten-gillibrand-postal-banking-bill_us_5ae07f9fe4b07be4d4c6feae?ncid=engmodushpmg00000004 …

      50 replies 331 retweets 780 likes
      Show this thread
    2. Kirsten Gillibrand‏Verified account @SenGillibrand Apr 25
      US Senate candidate, NY

      Today, I am introducing a Postal Banking Act to give everyone access to basic banking services like checking and interest earning savings accounts, small dollar loans, and transaction services like debit cards and cash machines.

      86 replies 383 retweets 1,298 likes
      Show this thread
    3. Kirsten Gillibrand‏Verified account @SenGillibrand Apr 25
      US Senate candidate, NY

      This idea could wipe out the predatory practices of the payday loan industry overnight by providing an accessible and low cost alternative.

      6 replies 44 retweets 237 likes
      Show this thread
    4. Kirsten Gillibrand‏Verified account @SenGillibrand Apr 25
      US Senate candidate, NY

      Payday lending traps compound the financial struggles of many hardworking people who are struggling to get by. It makes it expensive to be poor. A simple short-term $50 loan to pay a utility bill or repair a car could end up costing 400% more to repay in just two weeks!

      18 replies 52 retweets 192 likes
      Show this thread
    5. Kirsten Gillibrand‏Verified account @SenGillibrand Apr 25
      US Senate candidate, NY

      The Post Office has 30,000 locations across the country, making this an efficient and elegant solution for the millions of “unbanked” and "underbanked" in communities with no options. This bill will cost taxpayers nothing, and will also strengthen the Post Office's finances.

      31 replies 66 retweets 228 likes
      Show this thread
    6. Kirsten Gillibrand‏Verified account @SenGillibrand Apr 25
      US Senate candidate, NY

      And, most importantly, this bill will help many low-income workers begin to save and accumulate wealth, empowering our underserved communities to build financial success for generations.

      1 reply 31 retweets 162 likes
      Show this thread
    7. Kirsten Gillibrand‏Verified account @SenGillibrand Apr 25
      US Senate candidate, NY

      The federal government has backed financial institutions directly & indirectly for decades with FDIC insurance, FHA backing, & bailouts. But those “for profit” banks have left too many behind. It's time to close the gap—and this time, no one will get rich on the taxpayers dime.

      3 replies 34 retweets 189 likes
      Show this thread
    8. Kirsten Gillibrand‏Verified account @SenGillibrand Apr 25
      US Senate candidate, NY

      This is a simple solution to a problem facing every state in this country. In 2006, payday loans were so bad that Congress had to pass a law to ban them from preying on military service members. We should offer the same protections to everyone with an alternative to endless debt.

      6 replies 70 retweets 297 likes
      Show this thread
      Kirsten Gillibrand‏Verified account @SenGillibrand Apr 25
      US Senate candidate, NY

      Financial services and payday lender lobbyists will fight this hard, but we need to fight harder. It's simple: we should put people above profit. Join this fight: Make sure your interests are represented in Congress and raise your voice.

      8:35 AM - 25 Apr 2018
      • 65 Retweets
      • 284 Likes
      • Susan Vinci michele collins Sal Randolph G Lynn Billotte Kathie Gordon Lenny “Summer Frankenstein” Burnham Dan Stern Mo TK
      21 replies 65 retweets 284 likes
        1. New conversation
        2. DCResisterBee 🐝‏ @DC_Resister_Bee Apr 25
          Replying to @SenGillibrand

          Thank you, Senator Gillibrand! Post Office Banking is a great solution to help millions of Americans Banks won't be hurt -- as they don't make $ on small accounts Almost completely forgotten, the U.S. had post office banking from 1911 - 1966.http://www.slate.com/articles/news_and_politics/history/2014/08/postal_banking_already_worked_in_the_usa_and_it_will_work_again.html …

          2 replies 10 retweets 17 likes
        3. DCResisterBee 🐝‏ @DC_Resister_Bee Apr 25
          Replying to @DC_Resister_Bee @SenGillibrand

          CSPAN with advocate Mehrsa Baradaran @MehrsaBaradaran on the history and current opportunity for Post Office Banking Gouging of working people by payday lending contributes to Americans distrust in our institutions overall. Consumer solutions will help! https://www.c-span.org/video/?400319-1/how-half-banks …

          0 replies 6 retweets 6 likes
        4. End of conversation
        1. New conversation
        2. Richard Hasse‏ @RichardHasse Apr 25
          Replying to @SenGillibrand

          So wait wait.... I see the pattern emerging. The DLC/Donor favorites of Kamala, Cory, Chuck, and yourself, all took a single Progressive policy to promote. That's kinda laughable really. It's simple, you will never get this NY'ers support until I see payback for Al Franken.

          2 replies 1 retweet 1 like
        3. Randy Sanders‏ @SandersMedia Apr 25
          Replying to @RichardHasse @SenGillibrand

          I’m with you Richard! This third-rate legislator destroyed a first-rate Senator for her own selfish political gain. This woman overreached. Al Frankin should run for Dem nomination and HILLibrand should be the first to PUBLICALLY support him!

          1 reply 0 retweets 1 like
        4. lavinia‏ @LaviniaHilltopp Apr 25
          Replying to @SandersMedia @RichardHasse @SenGillibrand

          And from Oregon.

          0 replies 0 retweets 1 like
        5. End of conversation
        1. Riley Gilson‏ @mrgilson92 Apr 25
          Replying to @SenGillibrand

          @SenGillibrand While I agree with the spirit of the bill, I'd strongly urge you to look at companies like @creditfaire that are providing responsible alternative payday loan products to consumers. @creditfaire even met the proposed rules under the @BarackObama era CFPB.

          0 replies 1 retweet 1 like
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        1. New conversation
        2. Richard Castillo‏ @Richard66598746 Apr 25
          Replying to @SenGillibrand

          access to credit is not a given right

          2 replies 0 retweets 0 likes
        3. #PoorPeoplesCampaign‏ @billyjoecain Apr 25
          Replying to @Richard66598746 @SenGillibrand

          I'm not sure it's credit that's the problem. I'm pretty sure one of the problems is people can't get a bank account without a hardcore address. So many homeless can't save money.

          0 replies 0 retweets 2 likes
        4. End of conversation
        1. Sandra Chris‏ @scrumdilly791 Apr 25
          Replying to @SenGillibrand

          This is an awesome idea!

          0 replies 0 retweets 1 like
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        1. GamerDadMAGA‏ @andrewlukenbach Apr 25
          Replying to @SenGillibrand

          I don't always agree with liberal ideas but this is a good solution to helping the economy. Good job. And I am with you that only someone who is for predatory lending would vote no.

          0 replies 0 retweets 1 like
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        1. Tim Crawford 🇺🇸 👍 👣‏ @timcrawford829 Apr 27
          Replying to @SenGillibrand

          I’m pretty sure they’re operating at a loss doing one basic job. Now yo want them in the banking/ lending business? 🤪🤪🤪

          0 replies 0 retweets 0 likes
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        1. Gary HokieHawk‏ @grsvt81 Apr 27
          Replying to @SenGillibrand

          THIS. Is an incredibly stupid idea.

          0 replies 0 retweets 0 likes
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        1. Robert BorkBorkBork‏ @R_BorkBorkBork Apr 27
          Replying to @SenGillibrand

          The post office is already insolvent, making them provide below market loans will be its end. It is one of the largest employers of African Americans and Veterans. Why do you hate African Americans and Veterans?

          0 replies 0 retweets 0 likes
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        1. BitCoin cash trumps BCH [BCH/BCC/XBC]‏ @BCHcoinTweets Apr 27
          Replying to @SenGillibrand

          the banking industry is the only one where they can regulate themselves. Best lobbyists. They enforce laws that do not exist while referencing the "patriot act".. after it was pointed out no law is there as they thought the bank said oh well that is our policy even if no law.

          0 replies 0 retweets 0 likes
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        1. Kevin Goebel “Vote Nov. 6”‏ @kgoebel Apr 26
          Replying to @SenGillibrand

          I strongly support this legislation and will write to my own Senators and Representative. Thank you, Senator.

          0 replies 0 retweets 0 likes
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        1. Glenn‏ @Glenn119 Apr 25
          Replying to @SenGillibrand

          @NYGovCuomo as HUD secretary bullied banks to start granting loans to people who normally didn’t qualify. Years later people defaulted on those loans triggering the Great Recession. Now you want postal service to grant loans like this. Terrible idea.

          0 replies 0 retweets 0 likes
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