(C) Common Dreams
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Analysis: New Republicans on House Financial Services Committee Took Nearly $6.2M From Industries They Now Oversee [1]

['Molly Kozlowski']

Date: 2023-01-11 21:37:05+00:00



History has shown when conservative politicians in the pocket of Wall Street banks and predatory lenders seize power, everyday consumers are left more vulnerable to greedy financial industry behavior. History is about to repeat itself as the MAGA majority in charge of overseeing the financial industry are completely awash in Wall Street money. Chairman McHenry, who’s made no secret of his intent to ignore bad industry actors and obstruct federal efforts to protect consumers from things like junk fees, now has all the backing he needs to get payback against the pro-consumer Biden administration on behalf of his biggest donors. Consumers beware as financial scammers rejoice.”

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[1] Url: https://accountable.us/analysis-new-republicans-on-house-financial-services-committee-took-nearly-6-2m-from-industries-they-now-oversee/

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