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(WASHINGTON, D.C.) – Today, Congressman Emanuel Cleaver, II (D-MO) and Congresswoman Bonnie Watson Coleman (D-NJ) released the following statement in response to a letter addressed to the lawmakers from Twitter CEO, Jack Dorsey, and the company's decision to ban Russia Today and Sputnik from buying ads on the network as well as the Facebook announcement of the site's new advertising transparency features:
(Washington D.C.) - Congressman Emanuel Cleaver, II announced the initial findings of his Small Business Fintech investigation launched in June. The initial findings underscore the need to safeguard against discriminatory pricing on loan products for minority-owned small businesses.
(Washington, D.C.) – On October 3, 2017, Congressman Emanuel Cleaver, II (D-MO) and Congresswoman Bonnie Watson Coleman (D-NJ) sent a letter to Twitter CEO, Jack Dorsey, expressing their concerns with the social networking platform's role in ‘propagating hate and undermining democracy' and company leadership's inaction to address the gravity of these issues.
(Washington D.C.) - Today, Congressman Emanuel Cleaver, II joined the Congressional Black Caucus (CBC) led by Chairman Cedric Richmond (D-LA), Representatives G. K. Butterfield (D-NC), and Barbara Lee (D-CA), in sending a letter to Uber, calling on the ride-share service company and other technology companies to prioritize diversity when filling senior leadership positions.
(Washington, D.C.) - Today, U.S. Congressman Emanuel Cleaver, II launched an investigation into small business FinTech lending, including online companies that offer payday loan-like products for small businesses and individual consumers.
In recent years, the small business lending market has seen a number of new entrants primarily operating online. Many of these entrants offer "merchant cash advances," which are loans given to small businesses in exchange for a percentage of their future credit card sales receivables.
(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.
In June, Congressional Black Caucus Chairman G. K. Butterfield (NC-01) and I sent a letter to the CEO of Airbnb, Inc. Brian Chesky. The letter, which can be found here, addressed recent reports of discrimination against African-Americans and other minorities who attempt to book rooms online with Airbnb.
The Popular On-line Booking Site Announces a 90-Day Review of Platform Practices Following Reports of Exclusions of African Americans and other minorities from booking rooms on its website.
WASHINGTON, D.C. – Today, Congressman Emanuel Cleaver, II (MO-5) and Congressional Black Caucus Chair, G. K. Butterfield (NC-01) submitted a letter to the CEO of Airbnb, Inc., Brian Chesky. The letter, which can be read here, addresses recent reports of discrimination against African Americans and other minorities who attempt to book rooms online with Airbnb.