Press Releases

ICYMI: More than 300 Groups and Experts Oppose the Wrong Choice Act

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Washington, DC, June 12, 2017 | comments

Last week, Republicans in the U.S. House of Representatives passed the Wrong Choice Act, a bill that would put the needs of Wall Street above hardworking Americans. The Wrong Choice Act advances President Trump’s efforts to dismantle consumer protections for seniors, service members and people saving for their retirement; endanger market stability; and undercut financial regulators’ ability to curb threats to the economy. Republicans are effectively helping out those who need it least, undoing critical safeguards, and setting the foundation for another Great Recession.

To date, 222,000 individuals signed a petition and over 300 groups and experts submitted letters opposing all or part of the Wrong Choice Act, including:

  • 158 University scholars
  • 19 Attorneys General
  • AARP
  • Affordable Housing Services
  • AFL-CIO
  • Alliance for Justice
  • Allied Progress
  • American Association for Justice (AAJ)
  • American Baptist Home Mission Societies
  • American Federation of State, County and Municipal Employees
  • American Federation of Teachers (AFT)
  • Americans for Financial Reform
  • Blue Summit Wealth Management
  • British Columbia Investment Management Corporation (BCIMC)
  • California Reinvestment Coalition (CRC)
  • California State Teachers’ Retirement System (CalSTRS)
  • Center for American Progress
  • Center for Economic Integrity
  • Center for Popular Democracy, “FED UP”
  • Center for Responsible Lending (CRL)
  • Ceres Investor Network
  • Christian Brothers Investment Services (CBIS)
  • Colorado PERA
  • Communications Workers of America (CWA)
  • Community Financial Resources
  • Congregation of St. Joseph
  • Consumer Action
  • Consumer Federation of America (CFA)
  • Consumer Law Project
  • ConsumersUnion
  • Corporate Governance
  • Council of Institutional Investors (CII)
  • Dignity Health
  • Domini Impact Investments
  • Dominican Sisters of Houston
  • Economic Policy Institute (EPI)
  • Fair Arbitration Now (FAN)
  • First Affirmative Financial Network
  • Fleet Reserve Association (FRA)
  • Franciscan Action Network
  • Friends Fiduciary
  • Housing and Economic Rights Advocates (HERA)
  • Institute for Agriculture and Trade Policy
  • Institutional Limited Partners Association (ILPA)
  • Institutional Shareholder Services (ISS)
  • Interfaith Center on Corporate Responsibility (ICCR)
  • International Brotherhood of Teamsters
  • International Corporate Governance Network (ICGN)
  • Investor Network on Climate Risk
  • Jefferson Economic Development Institute
  • JourneyWorks
  • Leadership Conference on Civil and Human Rights (LCCHR)
  • Loring, Wolcott & Coolidge Fiduciary Advisors, LLP
  • Main Street Alliance
  • Main Street Capital
  • Mercy Investment Services
  • NAACP
  • National Association of Consumer Advocates (NACA)
  • National Association of Evangelicals (NAE)
  • National Association of Insurance Commissioners (NAIC)
  • National Association of Minority Automobile Dealers (NAMAD)
  • National Black Chamber of Commerce (NBCC)
  • National Committee for Responsive Philanthropy
  • National Community Reinvestment Coalition (NCRC)
  • National Consumer Law Center (NCLC)
  • National Consumers League
  • National Council of La Raza
  • National Fair Housing Alliance
  • National Treasury Employees Union (NTEU)
  • National Urban League
  • National Whistleblower Center (NWC)
  • New York City Comptroller, Scott M. Stringer
  • Newground Social Investment (NSI)
  • NIA Impact Advisors
  • North American Securities Administrators Association (NASAA)
  • NorthStar Asset Management (NSAM)
  • Opportunity Fund
  • PACE Finance Corporation
  • Petroleum Marketers Association of America
  • Principles for Responsible Investment (PRI)
  • Project Sentinel
  • Prosperity Works
  • Public Citizen
  • Public Citizen (on behalf of the Corporate Reform Coalition)
  • Public Counsel
  • Public Law Center
  • Publish What You Pay (PWYP)
  • Reinvestment Partners
  • Rural Community Assistance Corporation
  • Secretary of the Commonwealth of Massachusetts, William F. Galvin
  • Self-Help Credit Union
  • Seventh Generation Interfaith Coalition for Responsible Investment
  • Shareholder Association for Research & Education (SHARE)
  • Sisters of Mercy
  • Sonen Capital
  • The Financial Planning Coalition
  • The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW)
  • Threshold Group
  • Trillium Asset Management
  • Trinity Health
  • Tri-State Coalition for Responsible Investment (CRI)
  • U.S. PIRG
  • US SIF: The Forum for Sustainable and Responsible Investment
  • Veterans of Foreign Wars of the United States (VFW)
  • Walden Asset Management (WAM)
  • Wespath Benefits and Investments
  • Women's Economic Ventures
  • Woodstock Institute
  • Zevin Asset Management


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