Monday, May 8, 2017

ACTION | DON'T ALLOW CONGRESS TO ROLL BACK CONSUMER PROTECTIONS

ACTION for Monday, May 8: Don't allow Congress to roll back consumer protections and instead put banks in charge of controlling their actions, as they were before the financial collapse in 2008. Call your members of Congress and let them know you have not forgotten how well the banks and other financial institutions policed themselves.
**CALL TO ACTION**
Monday, May 8, 2016
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PROTECT OUR JOBS AND HOMES:
NO “FINANCIAL CHOICE” ACT
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(Stay tuned for actions on TrumpCare later today and tomorrow!)
Millions of Americans lost their homes and/or their jobs in the 2008 financial crisis. To prevent big banks from exploiting consumers again, Congress passed the Dodd-Frank Act, a set of regulations for the financial services industry (http://cnb.cx/2pVBOS6).
Now, the House is poised to roll back these consumer protections with the Financial CHOICE Act of 2017 (HR 10). We can’t let that happen.
--The Dodd-Frank Act requires banks to put consumers’ interests ahead of their own; prohibits the speculative investments that led to the housing market crash; and established the Consumer Financial Protection Bureau (CFPB), which can fine institutions when they are unfair to consumers (as they did will Wells-Fargo http://nyti.ms/2poL53K).
--The Financial CHOICE act would let the financial industry put their interests ahead of yours AND take away the CFPB’s ability to enforce consumer protections (http://bit.ly/2pUnrQ7).
--All of this puts millions more in the pockets of big banks while putting America at risk of another financial crisis.
Members of the Oregon Delegation know the importance of the Dodd-Frank Act (http://bit.ly/2qGJOsYhttp://bit.ly/2qeAOvn). We have to make sure all of our Reps vote NO.
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**ACTION: CALL YOUR US REPRESENTATIVE**
Find yours: http://www.house.gov/representatives/find/
SAMPLE SCRIPT:
“My name is [--] and I’m a constituent from [city], Oregon. I am opposed to the Financial CHOICE Act which would undermine important consumer protections around banking and lending. We can’t have another financial crisis like the one in 2008. I’m asking Representative [--] to vote NO on the Financial CHOICE Act (HR 10). We need to protect our economy – not put it at risk of another meltdown.
JUST AS IMPORTANT: CALL, TEXT, AND EMAIL YOUR FRIENDS AND FAMILY IN RED DISTRICTS TO DO THE SAME. “SHARE” OR COPY / PASTE THIS ACTION!
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**PHONE NUMBERS**
CONGRESSWOMAN SUZANNE BONAMICI [D1]
DC: (202) 225-0855, OR: (503) 469-6010
CONGRESSMAN GREG WALDEN [D2]
DC (202) 225-6730, Medford: (541) 776-4646,
Bend (541) 389-4408, La Grande (541) 624-2400
CONGRESSMAN EARL BLUMENAUER [D3]
DC: (202) 225-4811, OR: (503) 231-2300
CONGRESSMAN PETER DEFAZIO [D4]
DC 202-225-6416, Eugene: (541) 465-6732,
Roseburg: (541) 440-3523, Coos Bay (541) 269-2609
CONGRESSMAN KURT SCHRADER [D5]
DC: (202) 225-5711, Salem (503) 588-9100,
Oregon City (503) 557-1324
** After you call, please comment below and briefly share your experience!**
If The Financial Choice Act passes, it would gut the Consumer Financial Protection Bureau and repeal crucial oversight. It must be opposed
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