Consumer Protection
Washington, D.C. — Congresswoman Suzanne Bonamici (D-OR) today voted against H.R. 1406–legislation that would allow private employers to avoid paying overtime wages to employees working more than 40 hours per week if they offer their employees “comp” time off instead. The bill is officially named the “Working Families Flexibility Act,” but critics have renamed it the “More Work, Less Pay Act,” highlighting that the legislation increases burdens on working families living paycheck to paycheck.
Washington, D.C.— Congresswoman Suzanne Bonamici (D-OR) and Congressman Elijah Cummings (D-MD) are urging major banks to allow consumers to block automatic withdrawals taken from their accounts by Internet-based payday lenders. In a letter to the CEOs of the five largest U.S. retail banks, Bonamici and Cummings asked the executives to voluntarily adopt provisions of the Stopping Abuse and Fraud in Electronic (SAFE) Lending Act, H.R. 990, which they introduced in Congress earlier this year.
Washington, D.C. – Today, Reps. Suzanne Bonamici (D-Oregon) and Elijah E. Cummings (D-Maryland) introduced the Stopping Abuse and Fraud in Electronic (SAFE) Lending Act of 2013 to help protect consumers from predatory lending practices. The legislation would enable consumers to stop automatic bank withdrawals from payday lenders, require that lenders abide by the laws of the state in which they are lending, ban third party “lead generators” that collect applications and auction them to payday lenders, and provide enhanced enforcement authority to federal regulators.
Washington, DC – Congresswoman Suzanne Bonamici (D-OR) today called for bipartisan cooperation to avert sequestration and released a new report that details how the across-the-board cuts would impact Oregon. According to the report entitled “Sequestration by the Numbers - A Snapshot for Oregon,” the state would suffer nearly 12,000 job losses, and lose substantial federal funding for an array of essential programs.
Washington, D.C. – Congresswoman Suzanne Bonamici (D-OR) today released the following statement in reaction to President Obama’s State of the Union Address.