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Jul 31, 2014 Press Release

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).

Jul 31, 2014 Press Release

WASHINGTON – A bipartisan coalition of 18 House members today introduced the House version of the Campus Accountability and Safety Act.

Issues:
Jul 21, 2014 Press Release
“I applaud the MTA and LIRR unions for working together to arrive at a final deal that settles a four-year-old contract dispute. When the congressional delegation met with MTA leaders last week, the message we sent was simple: go back to the bargaining table and do what is necessary to avoid a strike. With the support and urging of Governor Cuomo, that is what has occurred. “This is a victory for union members, commuters, businesses and taxpayers throughout New York. Any shutdown in LIRR services would have had a severe impact on our economy. We should all be glad that all parties were able to come together with a resolution that works.”
Issues:
Jul 16, 2014 Press Release
“If the American people want to know what’s wrong with Washington, this year’s Financial Services and General Government Appropriations Act would be exhibit A. Instead of trying to protect consumers and investors, the bill completely undermines those protections, and includes half a dozen irrelevant policy riders affecting everything from women’s health to DC’s marijuana laws. “This bill represents the latest Republican attempt to undermine the enforcement of Dodd-Frank and end protections for consumers. The bill denies the funding needed by the Securities and Exchange Commission to root out fraud and abuse. It also eliminates the independent funding stream for the Consumer Financial Protection Bureau, moving us one step closer to the Republican goal of eliminating one of the few advocates middle-class families can rely on when purchasing financial products..."