Members Of The 116th Congress: Where They Stand On Financial Reform.pdf

It contrasts the Democratic-led House's proactive approach with the Republican-controlled Senate's limited engagement in financial services legislation.

## Bill Summaries
The report focuses on key bills across three categories:

Consumer Protections and the CFPB:
- Comprehensive CREDIT Act (Ayanna Pressley, et al.): A package to overhaul credit reporting systems, enhancing consumer data protection and credit management options.
- Consumers First Act (Maxine Waters): Realigning the Consumer Financial Protection Bureau (CFPB) to prioritize consumer protection from corporate deceptive practices.

Housing:
- No significant housing-related bills were passed by the Senate during this Congress, while the House Financial Services Committee (HFSC) considered various measures addressing homelessness and fair lending.

Other:
- Stop Wall Street Looting Act (Mark Pocan, et al.): Targeting private equity industry abuses.
- Veterans and Consumers Fair Credit Act (Chuy García, Glenn Grothman): Proposing a 36% interest rate cap on payday and car title loans.

## Voting Summaries

House of Representatives:
- House Financial Services Committee Representatives consistently supported measures strengthening consumer protections and CFPB enforcement tools.
- Over 80 bills passed by the HFSC, including those mentioned above, received broad bipartisan support.

U.S. Senate:
- The Republican-led Senate took little action on financial services legislation, ignoring even House-passed bills that addressed forced arbitration and community reinvestment.
- No financial reform bills were marked up or passed in the Senate during this Congress.

## Online Appendices
The report includes online appendices with:
- Roll call votes for each bill.
- Official texts of proposals.
- American for Financial Reform (AFR) letters expressing support or opposition to specific legislation.