[Public Banking Act]
Congresswoman Ocasio-Cortez: “I am proud to partner with Rep. Tlaib on this monumental bill. Public banks are uniquely able to address the economic inequality and structural racism exacerbated by the banking industry’s discriminatory policies and predatory practices.”
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Federal Reserve
Tlaib, Ocasio-Cortez Introduce Bill Enabling Creation of Public Banks
New Student Debt Bankruptcy bill vitally necessary says Rep. Nadler
[Student Borrower Bankruptcy Relief Act of 2019]
Rep. Nadler: “Nearly 45 million Americans owe nearly $1.5 trillion of student loan debt, an amount that exceeds all outstanding credit card and auto loan debt combined. That amount has tripled since 2006. It will grow to $2 trillion just two years from now.”
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CALIFORNIA CONGRESSWOMAN WATERS TO FEDERAL RESERVE: YOU MUST DO MORE REGARDING CORONAVIRUS
[Federal Reserve Response\Coronavirus]
Waters: “During this time of economic turbulence, it is critical that the Fed go beyond these steps and provide much-needed support to those who are on the front lines of this pandemic.”
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CALIFORNIA CONGRESSWOMAN WATERS TO WELLS FARGO CEO: “THE BANK YOU INHERITED IS ESSENTIALLY LAWLESS”
[Wells Fargo Fraud]
Rep. Waters to Wells Fargo CEO: “The bank you inherited is essentially a lawless organization that has caused widespread harm to millions of consumers throughout the nation.”
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RELEASED CONGRESSIONAL REPORT DETAILS “ABUSES” AND “FAILURES” OF WELLS FARGO
[Congressional Report on Wells Fargo Abuses]
This report is a result of a one-year Committee investigation into Wells Fargo’s compliance with five regulatory orders issued in response to the company’s widespread consumer abuses.
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