Financial Services
More on Financial Services
(Washington, D.C.) — On Friday, July 5, 2024, Congressman Al Green introduced the Original Securities and Exchange Atonement Act of 2024, co-led by Congresswoman Joyce Beatty (OH-3). The proposed bill amends the Securities Exchange Act of 1933 to require that companies conduct audits into their policies and practices on civil rights, equity, diversity, and inclusion as well as historical connections to slavery.
Consumer Financial Protection Bureau (CFPB) Resources
Dear Friends:
(Houston, Texas) — On Tuesday, February 20, 2024, Congressman Al Green released the following statement:
“The acquisition of Discover Financial Services by Capital One Financial, pending federal regulators’ approval, raises many concerns about competition and consumer welfare. Capital One is among the largest banks in the nation, reporting $36.8 billion in total net revenue for 2023. Discover operates one of the largest payment networks in the country, reporting $2.9 billion in net income for 2023.
(Washington, D.C.) — On Friday, August 18, 2023, Congressman Al Green took a proactive step towards enhancing access to banking services by introducing H.R. 5223 – the Original Open for Business Act of 2023.