WASHINGTON – Congresswoman Carolyn B. Maloney (D-NY) is calling for the House to consider legislation she introduced to end abusive overdraft fees after a new report from the Consumer Financial Protection Bureau found that, in lending terms, certain overdraft fees are tantamount to a 17,000 percent annual percentage rate (APR).
Bipartisan coalition of House members introduce Campus Accountability and Safety Act to combat sexual assault at colleges and universities
WASHINGTON – A bipartisan coalition of 18 House members today introduced the House version of the Campus Accountability and Safety Act. The legislation mirrors a bill introduced in the Senate yesterday, which takes aim at sexual assaults on college and university campuses by protecting and empowering students, strengthening accountability and transparency for institutions and establishing stiff penalties for non-compliance with the legislation’s new standards for training, data and best practices.
WASHINGTON – Congresswoman Carolyn B. Maloney (D-NY) plans to introduce the House version of the Campus Accountability and Safety Act unveiled earlier today by a bipartisan coalition of eight United States Senators. Last year, Maloney led the fight to pass the Campus SaVE Act as part of the Violence Against Women Act. The Congresswoman will spend August working to secure bipartisan cosponsors for the measure.
WASHINGTON – Congresswoman Carolyn B. Maloney (NY-12) today released the following statement applauding $1.1 billion in Federal Emergency Management Agency (FEMA) Public Assistance funding for Sandy repair work and mitigation projects at New York University’s (NYU) Medical Center. Maloney fought to secure the funding in a supplemental aid package approved by Congress in 2013.
Key House panel approves Pittenger-Maloney bill to study outdated Fed rule that limits consumer bank account transfers
WASHINGTON -- The House Financial Services Committee today approved a bill (H.R. 3240) introduced by Congressman Robert Pittenger (R-NC) and Congresswoman Carolyn B. Maloney (D-NY) to initiate a GAO study on an outdated banking regulation, which has forced banks to limit consumers to six automatic withdrawals from their savings account per month. The Regulation D Study Act, which passed by voice vote, would study how the regulation affects consumers and what alternatives could be implemented in its place.