releases: https://www.mccaskill.senate.gov/media-center/news-releases/mccaskill-backed-bill-to-increase-consumer-protections-grow-small-business-clears-key-committee-hurdle
Data license: MIT · Data source: dwillis/congress-press
This data as json
| url | title | date | year | month | party | chamber | state | member_name | bioguide_id | domain | scraper | source | date_source | text | has_text | collected_at | updated_at |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| https://www.mccaskill.senate.gov/media-center/news-releases/mccaskill-backed-bill-to-increase-consumer-protections-grow-small-business-clears-key-committee-hurdle | McCaskill-Backed Bill to Increase Consumer Protections, Grow Small Business, Clears Key Committee Hurdle | 2017-12-11 | 2017 | 2017-12 | Democrat | House | MO | Claire McCaskill | M001170 | www.mccaskill.senate.gov | legacy | McCaskill-Backed Bill to Increase Consumer Protections, Grow Small Business, Clears Key Committee Hurdle Financial legislation includes Senator’s bipartisan bill to protect seniors from exploitation Senator: ‘This is exactly what Missourians expect us to be doing—working together, across party lines, to solve real problems facing Missouri families’ Monday, December 11, 2017 WASHINGTON – Bipartisan legislation introduced by U.S. Senator Claire McCaskill, along with a group of 19 colleagues, to increase consumer protections, cut burdensome regulation, and support small businesses cleared a key hurdle when it was passed by the Senate Banking Committee and now heads to the Senate floor. “This is exactly what Missourians expect us to be doing—working together, across party lines, to solve real problems facing Missouri families, especially our most vulnerable seniors,” McCaskill said. “This plan is a win-win—helping protect seniors from financial exploitation and increasing consumer protections against identity theft, all while cutting unnecessarily regulations for community banks that help small businesses across Missouri grow and thrive.” Included in the bipartisan plan is McCaskill’s Senior$afe Act, which would encourage and allow the employees of financial institutions to report suspected exploitive or fraudulent activity to authorities when they suspect that a customer might be the victim of financial exploitation. The sweeping legislation includes provisions of McCaskill’s bipartisan bill—cosponsored by Republican Senator David Perdue of Georgia, and championed by Missouri Congressman Blaine Luetkemeyer—to provide regulatory relief to small regional banks subject to unnecessarily overly-burdensome regulations put in place by the “Dodd-Frank” financial reform bill. Those rules that were never intended for banks that primarily engage in ordinary consumer banking practices. McCaskill has been a longtime advocate on behalf of Missouri’s consumers. Included in this bipartisan legislation are protections for consumers who fall victim to fraud and tough financial times, including one free year of fraud alerts for consumers impacted by the Wells Fargo scandal and the Equifax breach, as well as gives consumers one free credit freeze and unfreeze per year. And it would shield veterans from having certain medical debt appear on credit reports. Additionally, McCaskill’s legislation acknowledges that home-ownership is central to the America’s economic health, and makes it easier for small financial institutions to lend to Missouri families, while supporting low income families. Visit mccaskill.senate.gov/consumers to learn more about McCaskill's fight to protect consumers. ### Print Email Tweet | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |