Consumer Issues 2017-12-06T04:34:32+00:00

We believe consumers have a right to safe and reasonably priced products, fair treatment in the marketplace, and complete and accurate information about products and services.


  • S.J. Res. 34, Protecting Customers’ Privacy of Broadband/Other Telecommunications Services. - This joint resolution nullifies the rule submitted by the Federal Communications Commission entitled “Protecting the Privacy of Customers of Broadband and Other Telecommunications Services.” The rule published on December 2, 2016: (1) applies the customer privacy requirements of the Communications Act of 1934 to broadband Internet access service and other telecommunications services, (2) requires telecommunications […]
  • H.R. 3978, TRID Improvement Act of 2017 - This bill amends the Real Estate Settlement Procedures of 1974 to modify disclosure requirements applicable to mortgage loan transactions. Specifically, the disclosed charges for any title insurance premium shall be equal to the amount charged for each individual title insurance policy, subject to any discounts as required by either state regulation or the title company rate […]
  • H.R. 10, Financial CHOICE Act of 2017. - This bill repeals provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act and other laws. Any rule that was issued or revised pursuant to a provision repealed by the bill is nullified. Why Jason Lewis’ vote conflicts with our values. “This bill would end too many vital consumer protections that were created by the Dodd-Frank Act […]
  • H. R.4771, Small Bank Holding Company Relief Act of 2018. - This bill will raise the consolidated assets threshold under the small bank holding company policy statement, and for other purposes. Before the end of the 6-month period beginning on the date of the enactment of this Act, the Board of Governors of the Federal Reserve System shall revise the Small Bank Holding Company Policy Statement on […]
  • H. R. 985, Fairness in Class Action Litigation/Furthering Asbestos Claim Transparency Act. - This bill amends the federal judicial code to prohibit federal courts from certifying class actions unless: in a class action seeking monetary relief for personal injury or economic loss, each proposed class member suffered the same type and scope of injury as the named class representatives; no class representatives or named plaintiffs are relatives of class counsel, […]
  • H. R. 849, Protecting Seniors Access to Medicare Act - This bill amends the Patient Protection and Affordable Care Act (PPACA) to terminate the Independent Payment Advisory Board (IPAB). Under the PPACA, the IPAB is tasked with developing proposals to reduce the per capital rate of growth in Medicare spending. Why Jason Lewis’ vote conflicts with our values. Medicare spending needs to be reined in one way […]
  • H. R. 772, Common Sense Nutrition Disclosure Act of 2017 - This bill amends the Federal Food, Drug, and Cosmetic Act to revise the nutritional information that restaurants and retail food establishments must disclose. The nutrient content disclosure statement on the menu or menu board must include: (1) the number of calories contained in the whole menu item; (2) the number of servings and number of […]
  • H. R. 725, Innocent Party Protection Act. - This bill amends procedures under which federal courts determine whether a case that was removed from a state court to a federal court on the basis of a diversity of citizenship among the parties may be remanded back to state court upon a motion opposed on fraudulent joinder grounds that: (1) one or more defendants […]
  • H. R. 4324, Strengthening Oversight of Iran’s Access to Finance Act. - To require the Secretary of the Treasury to make certifications with respect to United States and foreign financial institutions’ aircraft-related transactions involving Iran, and for other purposes. Why Jason Lewis’ vote conflicts with our values. “These reports are intended to prevent the U.S. from allowing Iran to purchase commercial airliners which is allowed under the […]
  • H. R. 4015, Corporate Governance Reform and Transparency Act of 2017 - “This bill would require proxy advisory firms to register with the Securities and Exchange Commission (SEC) and subject them to certain rules and reporting requirements. Publicly traded companies are required to issue proxy statements to shareholders before voting on corporate actions — like electing company directors and approving compensation packages. Proxy advisory firms advise a […]
  • H. R. 3971, Community Institution Mortgage Relief Act of 2017 - This bill amends the Truth in Lending Act to create a safe harbor from requirements for an escrow or impound account for the payment of taxes and hazard insurance in the case of mortgage loans made by a creditor with consolidated assets of $25 billion or less that holds the loan on its balance sheet […]
  • H. R. 3312, Systemic Risk Designation Improvement Act of 2017 - Bill Summary From the bill: To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to specify when bank holding companies may be subject to certain enhanced supervision, and for other purposes. Bill Sponsor: Blaine Luetkemeyer (R-MO) Why Jason Lewis’ Vote Is Against Our Values “There needs to be stricter regulation on big banks after […]
  • H. R. 3299, Protecting Consumers’ Access to Credit Act of 2017. - This bill amends the Revised Statutes, the Home Owners’ Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to state that bank loans that are valid when made as to their maximum rate of interest in accordance with federal law shall remain valid with respect to that rate regardless of whether […]
  • H. R. 2954, Home Mortgage Disclosure Adjustment Act - “This bill would exempt financial institutions that originate less than 500 closed-end mortgage loans or less than 500 open-end lines of credit annually from recordkeeping and disclosure requirements under the Home Mortgage Disclosure Act (HMDA). Currently, institutions are required to periodically report to financial regulators about the number and dollar value of closed-end mortgages and […]
  • H. R. 2874, 21st Century Flood Reform Act - This bill amends the National Flood Insurance Act of 1968 to change annual limits on premium increases for insurance obtained through the National Flood Insurance Program (NFIP).  FEMA must allow a Write Your Own company to sell private flood insurance. (A Write Your Own company writes and services federal standard flood insurance policies in its […]
  • H. R. 2396, Privacy Notification Technical Clarification Act - This bill would exempt financial institutions from the requirement to annually disclose their policies and practices regarding customers’ private personal information if they meet specific criteria. Specifically, a financial institution would be exempt if they: 1) Haven’t changed their policies since their most recent disclosure; 2) Make those policies available online and upon request through […]
  • H. R. 238, Commodity End-User Relief Act - This bill reauthorizes through FY2021, and revises provisions related to, operations of the Commodity Futures Trading Commission (CFTC). In addition, the bill amends the Commodity Exchange Act to direct registered futures associations to require their futures commission merchant members to meet certain procedural and reporting requirements. Why Jason Lewis’ vote conflicts with our values. The […]
  • H. R. 2201, Micro Offering Safe Harbor Act. - This bill amends the Securities Act of 1933 to exempt certain micro-offerings from: (1) state regulation of securities offerings, and (2) federal prohibitions related to interstate solicitation. The exempted micro-offerings must meet all of the following requirements: the purchaser has a substantive pre-existing relationship with the issuer, during the 12-month period preceding the transaction there are no more than 35 purchasers […]
  • H. R. 1699, Preserving Access to Manufactured Housing Act of 2017 - This bill amends the Truth in Lending Act (TILA) to specify that a retailer of manufactured housing is generally not a “mortgage originator” subject to requirements under that Act. Similarly, the bill amends the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 to specify that such a retailer is generally not a “loan […]
  • H. J. Res 83, Disapproving rule to Maintain Accurate Records of Recordable Injury/Illness. - This joint resolution nullifies the Department of Labor’s rule that was published on December 19, 2016, about employers’ ongoing obligation to make and maintain records of work-related injuries and illnesses. Why Jason Lewis’ vote conflicts with our values. “It makes sense to allow OSHA to cite employers for violations in their workplace safety records over a […]
  • H. J. 111, Providing for congressional disapproval of the rule submitted by Bureau of Consumer Financial Protection relating to “Arbitration Agreements” - This joint resolution nullifies a rule submitted by the Consumer Financial Protection Bureau (CFPB) regarding arbitration agreements. Why Jason Lewis’ vote conflicts with our values. “This is a cynical effort to undermine consumer rights that were enhanced by the Consumer Financial Protection Bureau’s arbitration agreement rule. Consumers should have access to class action lawsuits and […]