Financial Services
(Washington, D.C.) – Congressman Emanuel Cleaver, II responded to recent reports that the Acting Director for the Consumer Financial Protection Bureau (CFPB), Mick Mulvaney, has not requested any operating funds this fiscal year from the Federal Reserve. See report here.
(Kansas City, MO) - Congressman Emanuel Cleaver, II released the following statement after the passage of the tax bill.
(Washington, D.C.) – Congressman Emanuel Cleaver, II (D-MO), in support of fairness and inclusion, sent letters to several heads of major U.S. Federal Government Retirement boards urging them to interview at least one minority- or woman-owned firm when contracting for asset management opportunities. The letters can be found here.
(Washington, D.C.) – Congressman Emanuel Cleaver, II (D-MO) and Congressman Luke Messer (R-IN) introduced The Student Loan Disclosure Modernization Act, H.R. 4119, today. This new bill would modernize the Department of Education's (ED) "Plain Language Disclosure Form" to make it easier for students to read and understand.
(Washington, D.C.) – Congressman Emanuel Cleaver, II wrote a letter to the U.S. Deputy Attorney General, Rod Rosenstein, requesting an independent prosecutor be appointed immediately to investigate allegations of President Trump's ties to Russia.
"Any interference in our election process, or any cyber threat to our nation, is a grave menace to our democracy. We need a complete accounting of what happened, how it occurred, whether any Americans were involved, and how further interference in our elections can be prevented," wrote Congressman Cleaver.
(Washington D.C.) – Congressman Emanuel Cleaver, II sent a letter to the Director of the Consumer Financial Protection Bureau (CFPB), Richard Cordray, requesting an investigation into FinTech or financial technology companies and whether their small business lending algorithms are discriminatory. The letter is included here.
(Washington, D.C.) – Today, Congressman Emanuel Cleaver, II served as the guest speaker for the annual Black History Month Celebration for the Consumer Financial Protection Bureau, the CFPB. The CFPB, created in 2008 after the financial crisis, was designed to protect consumers from unfair, deceptive and or abusive practices. Congressman Cleaver is a member of the House Financial Services Committee and was recently re-elected Ranking Member of the Subcommittee on Housing and Insurance. Congressman Cleaver received a standing ovation following his speech.
This week, I joined twenty-nine of my Congressional colleagues in sending a letter to President Obama, which you can read here, expressing our concerns about the dramatic increase in the cost of prescription medications.
