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Senate Banking and Housing Democrats @SenateBanking
"The racial wealth gap is costing our entire economy; closing it would make our economy $1.5 trillion larger by 2028." – @hmcghee We can't afford to do nothing. Let's rewrite the rules and restore the #DignityOfWork. https://t.co/WlhCSItJ2n — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
CEOs get bonuses based on their short-term, quarterly profits. Not based on long-term growth, how much companies contribute to their communities, or how well they treat their workers. As a former venture capitalist, Senator @MarkWarner knows that needs to change. https://t.co/TixkFwxsUW — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
CEOs get bonuses based on their short-term, quarterly profits. Not based on long-term growth, how much companies contribute to their communities, or how well they treat their workers. As a former venture capitalist, @SenMarkWarner knows that needs to change. https://t.co/wxtoTAa8qX — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
In segregated America, white people preferred to drain public swimming pools rather than integrate them. @hmcghee says that today, we see that same opposition from Republicans. We must refill the pool of public investments to benefit everyone – by passing the American Jobs Plan. https://t.co/mdI9KsNRw4 — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
Powerful special interests – CEOs and corporate elites and their allies – have set up a system where they get paid at everyone else’s expense. Of course they want to hang onto that power. It’s time for us to stop letting them. – Chair @SenSherrodBrown https://t.co/MdclRl0Ual — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
LIVE NOW - @SenateBanking, Housing, and Urban Affairs Hearing: The Dignity of Work. #DignityOfWork https://t.co/GC5H7mgKXn — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
RT @SenatorWarnock: Predatory payday lending services disproportionately impact rural & low-income communities of color—trapping them in de… — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
RT @hmcghee: Today from 10-12 ET I'm testifying in the US Senate. Livestream here: https://t.co/OwxEPs3KOc Thank you, Chair @SenSherrodBrow… — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
STARTING SOON: The Dignity of Work Tune in to today’s hearing about the #DignityOfWork at 10:00 AM here or via https://t.co/HtHFqoAGAu. https://t.co/DNdguc3cbw — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
We can side with predatory lenders who use #RentABank schemes to rip off consumers – or we can side with workers, families, and small businesses. It’s simple: Congress must repeal this harmful rule. — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
And Dr. Haynes @fhunscripted has watched as this rule let predatory lenders exploit the communities of color near his church – neighborhoods that have historically suffered from economic injustice. https://t.co/0Vb3PtYdfY — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
Lisa Stifler with @CRLONLINE described how predatory lenders use #RentABank schemes to get around state laws. https://t.co/d9NURkkzcL — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
North Carolina Attorney General @JoshStein_ has seen firsthand how this sham rule allows payday lenders to charge sky-high interest rates and trap consumers in debt. https://t.co/woP1zj89Y6 — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
Today, the @SenateBanking and Housing Committee heard from expert witnesses on the dangers of the @USOCC's “True Lender” rule, which allows predatory lenders to evade state laws and run #RentABank schemes that hurt consumers. Here’s what they had to say: — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
Today, we commemorate #WorkersMemorialDay and recognize those who gave their lives or were injured on the job. Our #DignityOfWork hearing will discuss how we can invest in workers and their safety – not Wall Street profits. Tune in tomorrow here or at https://t.co/HtHFqoAGAu. https://t.co/V4SNp4l62n — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
Enabling predatory lenders doesn't give consumers more choices. It gives them an impossible one, forcing them into a punishing cycle of debt that harms families and communities. Dr. Haynes @fhunscripted & @SenatorWarnock discuss: https://t.co/SuwiK9SutD — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
Senator @ChrisVanHollen and North Carolina AG @JoshStein_ on how Congress must reverse the OCC’s rule encouraging #RentABank schemes – because the last time we went down this road, we ended up in the 2008 financial crisis: https://t.co/xfqw1dF9Ay — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
.@SenTinaSmith & Dr. Frederick Haynes @fhunscripted connect predatory lenders’ use of #RentABank to the history of discriminatory banking and redlining. It’s no accident that predatory lenders target Black and brown communities. We have a responsibility to break that pattern. https://t.co/s2PU5FhfO4 — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
.@SenWarren had a simple question for @BrianBrooksUS. The OCC is supposed to be tough on big banks who enable predatory lenders with #RentABank. So how many enforcement actions did the OCC take against Axos Bank for charging a 92% interest rate in MA? The answer: zero. https://t.co/eazeVjTNkf — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
.@SenJackReed, Lisa Stifler of @CRLonline, & @fhunscripted agree: Predatory lending can cost people not only money – but also their car, house, access to banking services, mental health, and more. We must crack down on predatory lenders, not encourage their #RentABank schemes. https://t.co/qJ9SXVtBAJ — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
RT @byclairew: "Innovate" is another way of "inventing new ways to rip people off" @SenSherrodBrown at today's true lender hearing — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
RT @MikeLittUSA: FYI: @SenateBanking is about to start a hearing this morning on one of the sneakiest financial practices you've never hear… — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
Dr. Frederick Haynes @fhunscripted has seen firsthand how predatory lenders have harmed the primarily Black and brown neighborhoods near his church in Dallas. Now, #RentABank schemes are targeting those same communities. https://t.co/bf87WdJCOq — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
North Carolina AG @JoshStein_ tells the story of Anita Monti, who took out a payday loan and got trapped in a cycle of debt. Anita’s story illustrates the danger of the OCC’s #RentABank rule, which lets predatory lenders get around state laws and charge outrageous interest rates: https://t.co/H8lD6W7D9d — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
Like so much we do, this comes back to one question: whose side are you on? It's simple. Let’s stop predatory lenders instead of encouraging them. – @SenSherrodBrown https://t.co/TBQiKlKdtB — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
LIVE NOW - @SenateBanking, Housing, and Urban Affairs Hearing: The Reemergence of Rent-a-Bank? https://t.co/LhcYEkQ7aP — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
STARTING SOON: The Reemergence of Rent-a-Bank? Tune in to today’s hearing about the need to crack down on predatory lenders at 10:00 AM here or via https://t.co/HtHFqoAGAu. https://t.co/BBWCKw9kgs — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
10:00 AM HEARING TOMORROW: We should be protecting consumers – not putting them even more at risk. We must crack down on predatory lenders. Tune in live here or at https://t.co/HtHFqoAGAu. https://t.co/wwbcvv46H4 — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
Chair @SenSherrodBrown met this morning with @AdrianneTodman, nominee to be @HUDgov Deputy Secretary. With years of experience in housing and community development, Todman will be able to work from Day 1 to make housing more equitable and affordable for families. https://t.co/yzG3F7PNbW — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
LIVE NOW. Tune in at https://t.co/HtHFqoShs2. — PolitiTweet.org
Senate Banking and Housing Democrats @SenateBanking
Today, Chair @SenSherrodBrown is hosting workers from Ohio and across the country to share their stories about how… https://t.co/DAwBfmwZG1
