I thank the chairwoman for yielding. Mr. Speaker, 80 percent of Americans have debt, and we punish people for it. But the shame should actually be on policies that incentivize debt and predatory behavior in debt collection. The lack of protections in place for borrowers is a reflection of those harmful policies. Debt collectors today can use virtually any means available to harass borrowers, even in the middle of a global pandemic that has taken nearly 600,000 American lives, increased unemployment, and left millions unsure of how they will put food on the table. Debt collectors can call you, email you, text you, and even contact you on social media. My amendment will help rein in this endless harassment by prohibiting collectors from contacting borrowers on social media without explicit permission. Mr. Speaker, while there is still more work to be done on this front, this an important place to start, and I encourage my colleagues to support the amendment.
Share
More from Michelle Bowman
Today I rise to express my love and appreciation for the Pakistani-American community. I am proud to be introducing a resolution supporting a designation of March 23 as Pakistan Day. The holiday of Pakistan Day, coming up tomorrow, marks…
During rollcall No. 544 on H.R. 4394, I mistakenly recorded my vote as ``no'' when I should have voted ``aye.'' Amendment No. 37 Offered by Mr. Garamendi The Acting CHAIR. The unfinished business is the demand for a recorded vote on…
According to my friends across the aisle, the purpose of this bill is to promote energy security and lower costs for consumers. I hope they will agree that if our goal is to protect Americans, then we cannot allow price-gouging…
The proposal will help to build resilience in U.S. Treasury markets, reducing the likelihood of market dysfunction and the need for the Federal Reserve to intervene in a future stress event.