I also have been incredibly thankful that--and, again, the Bureau didn't have to do this--your report on medical debt literally triggered all three of the major the credit reporting agencies to do something.
Rashida Tlaib
The Public Record
Rashida Tlaib is an American politician serving as the U.S. Representative for Michigan's 13th congressional district since January 3, 2019. A member of the Democratic Party, Tlaib is known for her progressive policies and advocacy for social justice. She is one of the first two Muslim women elected to Congress and has been a vocal advocate for issues such as affordable housing, environmental justice, and healthcare reform. Tlaib has also been involved in efforts to address systemic racism and economic inequality.
I know I looked, and it really does impact some of our working poor communities regarding the late fees.
I think you all actually read the small print of things that get sent out to our consumers.
I think it is because you did about $17 billion in relief for over 200 million consumers through the Bureau's enforcement and supervisory activities.
They were out of control. We had to do something about it because people were calling us.
Your agency--I won't call it an organization--is the only financial regulator that is laser-focused on consumer protection, correct?
I was blessed to have grown up in southwest Detroit. This is where over 20 different ethnicities live, and every neighborhood has their own flavor in how they show up for each other. This is why I am so grateful that I secured $1.5 million…
I have a bill that reduced it to 4 years, which I think is a great bipartisan bill.
The other important thing that I have been working on is our credit scoring system. It is broken.
You are blaming social media for your mismanagement and so forth, which, to me, clearly looks like greed.
Just so we are clear, because I know you are blaming social media, you are a bank.
Did the Trump-era deregulation shield Silicon Valley from enhanced supervision oversight? No doubt about it.
This is like a scam. I know you all are not allowed to use that word, but I am going to use it.
One of the things that I think the American people do fully understand is, we, as a role of oversight, is that we can call it out and basically expose the greed.
We need teeth. We need enforcement. We need to be able to claw back. We need to be able to, again, hold them accountable.
It infuriates me when I have to pick up the phone or use my letterhead to say, hey, here is all of the things that my resident submitted.
What is she supposed to do at that point? Because whether she went to the FEMA site, they said, sorry.
The average home insurance in Detroit specifically is about $3,700. And the majority of homes in my communities that I mentioned are valued at less than $100,000.
In my district, I was shocked that 4 times within one summer, I think between June and July, the City of Dearborn had huge amounts of flooding.
I come from an incredibly strong community, the City of Detroit, where we have birthed movements on a number of things that I think kind of change the trajectory for our whole country.
I respectfully ask that my bipartisan legislation be included in any reauthorizing package the Committee on Transportation and Infrastructure will consider this Congress to send a strong message that Democrats and Republicans alike will…
Actually, Chair Gensler, I read that 97 percent of investors supported the proposed rule of all the comments submitted.





