ICYMI: Wave of Opposition to the Wrong Choice Act

WASHINGTON, D.C. - This week, Committee Democrats led a Minority Day Hearing on the many problems with Chairman Hensarling’s Wrong Choice Act, a bill that would repeal the most important aspects of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and put America on the road to another financial crisis. The hearing, which featured testimony from Senator Elizabeth Warren and other experts and community advocates, comes amid a wave of opposition to the bill.

To date, over 130 groups have submitted letters opposing all or part of Chairman Hensarling’s Wrong Choice Act 2.0 ahead of the Committee markup of the bill on Tuesday, May 2, 2017.

Letters in opposition can be found below:

• 79 Community & Public Interest Organizations
  
• 19 Consumer, Civil Rights, Fair Lending, Community and Privacy Organizations
  
• Americans for Financial Reform
  
• California Reinvestment Coalition
  
• CaLSTRS
  
• The Center for Popular Democracy & FED Up
  
• Corporate Governance
  
• National Association of Consumer Advocates (NACA)
  
• Fair Arbitration Now
  
• Council of Institutional Investors
  
• Consumer Federation of America
  
• Corporate Reform Coalition
  
• Food Marketing Institute
  
• Friends Fiduciary
  
• The Leadership Conference on Civil and Human Rights
  
• North American Securities Administrators Association
  
• National Grocers Association
  
• National Consumer Law Center
  
• Newground Social Investment
  
• Nia Impact Advisors
  
• Northstar Asset Management
  
• New York City Comptroller
  
• Principles for Responsible Investment
  
• Public Citizen
  
• Sanford J. Lewis, Attorney (On behalf of his clients)
  
• Secretary of the Commonwealth of Massachusetts
  
• Sisters of Mercy of the Americas
  
• Threshold Group
  
• Tri-State Coalition for Responsible Investment
  
• Trinity Health
  
• The Forum for Sustainable and Responsible Investment
  
• U.S. PIRG
  
• Walden Asset Management
  
• Zevin Asset Management
  
  
  

###