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Lacy Clay, Jr.'s Public Statements on Issue: Finance and Banking

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Finance and Banking

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07/27/2020 Letter to Dr. Mark Calabria, Dir. of the Federal Housing Finance Agency - Waters, Clay, and Heck Request Housing Finance Regulator Pause Rulemaking Increasing Capital for Fannie Mae and Freddie Mac
06/25/2020 Letter to the Hon. Benjamin Carson, Secretary of the Dept. of Housing and Urban Development, and the Hon. Mark Calabria, Dir. of the Federal Housing Finance Administration - Waters, Clay and Vargas Urge HUD and FHFA to Amend Policies that are Reducing Access to Mortgage Credit for People of Color
05/08/2020 Letter to House Speaker Nancy Pelosi and House Minority Leader Kevin McCarthy - Reps. Pressley, Adams, Omar Lead Call to Cancel Student Loan Debt
05/04/2020 Letter to Brian Moynihan, President and CEO of Bank of America Corporation, Jaime Dimon, Chairman of the Board and CEO of JP Morgan Chase & Co., Julio Aldecocea, Managing Director of Lakeview Loan Servicing, LLC, Dave Worrall, President of LoanCare LLC, Jay Bray, Chairman, President, & CEO of Mr. Cooper Group, Inc., Bruce Williams, CEO of NewRez LLC, David Spector, President & CEO of PennyMac Financial Services, Inc.,, Jay Farner, CEO of Quicken Loans, Kelly King, Chairman & CEO of Truist Financial Corporation, Andrew Cecere, Chairman, President, & CEO of US Bancorp, and Charles Scharf, CEO & President of Wells Fargo & Company - Waters and Subcommittee Chairs Hold Mortgage Servicers Accountable During COVID-19
04/07/2020 Letter to the Hon. Joseph Otting, Comptroller of the Currency, and the Hon. Jelena McWilliams, Chairman of the Federal Deposit Insurance Corporation - Committee Democrats Call on Regulators to Suspend CRA and Other Rulemakings Unrelated to COVID-19
03/20/2020 Letter to the Hon. Nancy Pelosi, Speaker of the House, and the Hon. Kevin McCarthy, House Minority Leader - Cicilline Leading Effort to Help Student Loan Borrowers
03/18/2020 Letter to Mark Begor, Chairman and CEO of Equifax, Christopher Cartwright, President and CEO of TransUnion, and Craig Boundy, CEO of Experian North America - Representatives García, Clay, Tlaib Tell the Credit Reporting Agencies: Don't Report Adverse Credit Events During COVID-19
02/27/2020 Letter to Tomas Philipson, Acting Chairman of the Council of Economic Advisors, Jerome Powell, Chairman of the Federal Reserve, Steven Mnuchin, Secretary of the Department of Treasury - Cleaver, Senior Members of Financial Services Committee Call for Administration Response Plan to Protect American Economy From Coronavirus
01/14/2020 Congressman Heck Introduces Bill to Strengthen Housing Trust Fund
11/18/2019 Terrorism Risk Insurance Program Reauthorization Act of 2019
11/06/2019 Clay Introduces Student Loan Debt Reform Package to Lower Interest Rates, Protect Borrowers and Reduce Excessive Debt
10/22/2019 Reps. Al Green (TX-09), Judy Chu (CA-27), Sylvia Garcia (TX-29), and William Lacy Clay (MO-01) Introduce Limited English Proficiency Data Acquisition in Mortgage Lending Act of 2019
10/08/2019 Letter to Jerome Powell, Chairman on the Board of Governors of the Federal Reserve System, Joseph M. Otting, Comptroller in the Office of the Currency, and Jelena McWilliams, Chairman of the Federal Deposit Insurance Corporation - Brown, Meeks and Members of Congress Demand Bank Regulators Strengthen, Not Weaken the Community Reinvestment Act
09/26/2019 Letter to the Hon. Kathleen Kraninger, Director Consumer Financial Protection Bureau - 65 Members Sounds Alarm on Rollback of Protections Against Abusive Debt Collection Practices
08/23/2019 Letter to the Hon. Kathleen Kraninger, Dir. of the Consumer Financial Protection Bureau - Waters and 101 Members Blast CFPB Giveaways to Predatory Payday Lenders
05/22/2019 Consumers First Act
04/11/2019 At Hearing with Megabank CEOs, Committee Democrats Ask Hard-Hitting Questions
10/23/2018 Letter to Jelena McWilliams, Chair of Federal Deposit Insurance Corporation - Continue Work on Economic Inclusion
10/01/2018 Letter to the Hon. Jeb Hensarling, Chairman of the House Financial Services Committee - Committee Should Investigate Failures to Protect Student Loan Borrowers at the CFPB
09/21/2018 Letter to the Hon. Jerome Powell, Board of Governors of the Federal Reserve System - Maintain Capital Requirements for Megabanks
06/18/2018 Letter to the Honorable Betsy DeVos, Secretary of Education - Warren, Harris, Takano, Adams, Espaillat, Colleagues Press Education Secretary for Action on Student Loan Borrowers of Color
03/12/2018 Letter to the Hon. Jay Clayton, Chair of the Securities and Exchange Commission - Maloney Leads All Financial Services Committee Democrats in Opposing SEC Move to Cut Off Investors' Access to Courts
02/20/2018 Letter to Paulino do Rego Barros, Jr., Interim CEO, Equifax, Inc. - Provide At Least Three Years of Identity Theft Protection
02/06/2018 Letter to the Honorable Steven Mnuchin, Secretary of the Treasury, and the Honorable Joseph M. Otting, Comptroller of the Currency - Strengthen Community Reinvestment Act Rules
12/08/2017 Waters and 36 Current and Former Members of Congress File Amicus Brief in Support of Acting CFPB Director Leandra English
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