DELAURO FIGHTS FOR MILITARY FAMILIES, AGAINST ATTACKS ON CONSUMER FINANCIAL PROTECTION BUREAU

Normal0falsefalsefalseEN-USX-NONEX-NONEMicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;}Washington, DC— Congresswoman Rosa L. DeLauro (CT-3), Ranking Member on the Labor, Education, Health, and Human Services Appropriations Subcommittee, made the following remarks on the floor of the United States House of Representatives during debate on the Fiscal Year 2012 National Defense Authorization Act.

As Prepared for Delivery

Earlier this year, we learned of wrongful home foreclosures on active duty military families in violation of the law. I submitted a very straightforward amendment that would have directed the Secretary of Defense in conjunction with the Treasury and the Consumer Financial Protection Bureau to prepare a comprehensive strategy to protect members of the Armed Forces and their families from unfair, deceptive, and abusive financial services practices and to enhance the financial readiness of such families-- families who are sacrificing so much today.

The amendment would have no effect on direct spending and it was germane. Yet, despite the majority's high claims of openness and transparency, and the fact that 152 amendments were made in order, this one was not. One can only conclude that the majority has chosen its detest for the Consumer Financial Protection Bureau over protecting military families.

Elizabeth Warren is right, attacks against the bureau are now happening in the back alley. And yesterday, that back alley was the majority side of the Rules Committee and the victims were the brave men and women in uniform and their families. I urge my colleagues to oppose this rule.