More on Financial Services

Nov 3, 2011

Reps. Maloney, Frank and consumer groups hail first 100 days of Consumer Financial Protection Bureau

WASHINGTON, DC – Rep. Carolyn Maloney (D-NY), Ranking Member of the Financial Institutions and Consumer Credit Subcommittee of the House Financial Services Committee, and Rep. Barney Frank (D-MA), Ranking Member of the full House Financial Services Committee, today hailed the first 100 days of the Consumer Financial Protection Bureau.

Nov 1, 2011

Rep. Maloney statement on Bank of America's withdrawal of $5 per month debit card fee

WASHINGTON, DC – Rep. Carolyn Maloney (D-NY), senior member of the House Financial Services Committee, issued the following comment upon the announcement that Bank of America is abandoning its $5 per month debit card fee.

Oct 19, 2011

Maloney hails appointment of Hubert H. “Skip” Humphrey as head of CFPB’s Office of Older Americans

WASHINGTON, DC – Rep. Carolyn Maloney (D-NY), senior member of the House Financial Services Committee and one of the authors of the Dodd–Frank Wall Street Reform and Consumer Protection Act which created the Consumer Financial Protection Bureau (CFPB), today hailed the appointment of Hubert H. “Skip” Humphrey, former Attorney General of Minnesota, and the new chief of the Office of Older Americans within the CFPB.

Aug 8, 2011

Maloney protests U.S. credit downgrade

New York, NY – U.S. Rep. Carolyn Maloney (D-NY) issued the following statement on the decision by Standard and Poor’s (S&P) to downgrade America’s credit rating.

Jul 26, 2011

Rep. Maloney’s Statement in support of President Obama's debt ceiling position

NEW YORK, NY – Following last night’s televised statements by President Barack Obama and House Speaker John Boehner (R-OH), Congresswoman Carolyn Maloney (D-Manhattan, Queens) released the following statement on extending the national debt ceiling, which the U.S. Treasury Department has said is set to be reached on August 2, 2011.

Jul 21, 2011

Maloney opposes Republican CFPB bill which would “delay, defang and derail” needed consumer protections

WASHINGTON, DC – Rep. Carolyn Maloney (D-NY), ranking member of the House Financial Institutions and Consumer Credit Subcommittee, and a member of last year’s Dodd-Frank conference committee which created the Consumer Financial Protection Bureau, today opposed the Republican bill (HR 1315) which restructures the CFPB just as it opens its doors today.

Jun 10, 2011

Maloney Welcomes Elizabeth Warren to NYC

New York, NY – Last night, U.S. Rep. Carolyn B. Maloney and Hunter College President Jennifer Raab welcomed Professor Elizabeth Warren, Assistant to the President and Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau (CFPB), to New York to discuss the CFPB and the need for strong consumer protections in the wake of the Great Recession.  Warren delivered her remarks at Hunter College’s Roosevelt House Institute for Public Policy, which stands at the location where a newly-elected president Franklin D. Roosevelt and Frances Perkins first laid out the concept that would become Social Security, widely considered to be our most important social safety net program.  

Jun 2, 2011

89 House members send letter to President urging Elizabeth Warren be appointed to head Consumer Financial Protection Bureau

WASHINGTON, DC – Rep. Carolyn Maloney (D-NY), Brad Miller (D-NC), and Keith Ellison (D-MN), members of the House Financial Services Committee, and 88 fellow House members today announced their  letter to President Obama urging that he appoint Elizabeth Warren, as a recess appointment if necessary, to head the Consumer Financial Protection Bureau.

May 18, 2011

Maloney hails start of process to simplify mortgage disclosure forms by CFPB

WASHINGTON, DC – Rep. Carolyn Maloney (D-NY), senior member of the House Financial Services Committee, today hailed the start of a process by the Consumer Financial Protection Bureau (CFPB) to harmonize and streamline mortgage disclosure forms required under the Truth in Lending Act and the Real Estate Settlement and Procedures Act.

May 13, 2011

The GOP Ramps Up the Attack on Badly Needed Consumer Protections

WASHINGTON, DC –The House Financial Services Committee today approved and sent to the full House measures which would weaken, delay and derail the Consumer Financial Protection Bureau (CFPB) just weeks before it is scheduled to open its doors. Rep. Carolyn Maloney (D-NY), senior member of the Committee, denounced Committee passage of the bills.  “Despite the financial meltdown that occurred on their watch, the Republicans have ramped up their efforts to derail financial reforms and to cripple  the Consumer Financial Protection Bureau before it even has a chance to open for business.

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