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Tag: Offices of Minority and Women Inclusion
The Consumer Financial Protection Bureau was created five years ago by the Dodd-Frank financial reform law to be a “cop on the beat” to protect consumers in their dealings with banks, credit card companies and other financial firms. The CFPB clearly takes its job seriously. Some members of Congress who take their marching orders from Wall Street have been trying to weaken CFPB ever since it was created, but happily they haven’t succeeded.
Congresswoman Maxine Waters and the African American members of the House Financial Services Committee were recently honored by the NNPA - the Black Press of America - for their work to strengthen the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
Congresswoman Maxine Waters conducts her drug war from the top down. Her view is to follow the money. Our government wages drug war on street vendors. The government’s view is to lock up as many young Blacks as is possible.
“I applaud and welcome the passage of H.R. 4173, The Wall Street Reform and Consumer Protection Act,” declared Congresswoman Barbara Lee, chair of the Congressional Black Caucus (CBC), several of whose members, led by Congresswoman Maxine Waters, were responsible for the bill’s key provisions. "Nobody has more at stake here than Black America," says Kai Wright, senior writer for The Root.