Financial Transparency

Financial Transparency

As people of faith we see the issues that impact the poor - corruption and tax evasion - as moral issues. Jubilee USA is committed to helping win financial reform for the vulnerable. 

As people of faith we see the issues that impact the poor - corruption and tax evasion - as moral issues. Jubilee USA is committed to helping win financial reform for the vulnerable. 

Senate: Don't Pass Financial Choice Act‎

T‎he House voted to repeal responsible lending and transparency measures from the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.

 

Please email your Senators to tell them you oppose the Financial Choice Act that passed the House of Representatives. ‎A draft message is below.

 

We cannot let any version of the House Financial Choice Act pass the Senate.

 

Please e-mail your Senators now and tell them to protect ...

T‎he House voted to repeal responsible lending and transparency measures from the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.

 

Please email your Senators to tell them you oppose the Financial Choice Act that passed the House of Representatives. ‎A draft message is below.

 

We cannot let any version of the House Financial Choice Act pass the Senate.

 

Please e-mail your Senators now and tell them to protect critical oversight of big banks and payday lending. Tell the Senate not to repeal anti-corruption measures that protect vulnerable communities in the developing world.

 

The legislation that passed the House erodes protections that prevent future financial crisis. It encourages risky speculative investment, a cause of financial crisis. If this act passes the Senate, the regulatory power of the Consumer Financial Protection Bureau over big banks and payday lending will be weakened.

 

Another section of Dodd-Frank repealed by the legislation is Section 1504 or the "Cardin-Lugar" measure. Section 1504 requires reporting by oil, gas and mining companies of payments they make to governments in countries where they operate. Section 1504 helps address some of the $1 trillion lost each year to corruption and tax evasion in the developing world. Jubilee USA worked on this section of Dodd-Frank to protect vulnerable communities in the developing world from corrupt governments and exploitive corporations.‎

 

Fight Corruption and Fight Poverty - Email your Senators to stop the Financial Choice Act

 

 

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