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Schauer votes to hold big banks accountable, protect Michigan consumers
Jul 1, 2010
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Today Congressman Mark Schauer (D-MI) voted to rein in Wall Street, end taxpayer bailouts of big banks, and create a consumer financial protection bureau that finally puts consumers first. The Wall Street Reform and Consumer Protection Act will end the era of abuses by “too big to fail” banks that h...
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Schauer-sponsored website for credit card agreements launched by Fed
May 25, 2010
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This week, the Federal Reserve Board posted a new searchable database of more than 300 consumer credit card agreements on its website, in compliance with a measure sponsored by Congressman Mark Schauer (D-MI) as part of the Credit CARD Act of 2009. The new website, which can be found at www.federalr...
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Schauer calls on administration to expand fraud investigations on Wall Street
Apr 26, 2010
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Today Congressman Mark Schauer (D-MI) joined several House colleagues in sending letters to SEC Chairman Mary Schapiro and Attorney General Eric Holder calling for expanded investigations into fraudulent activity by the Wall Street firm Goldman Sachs. The letters call for an expanded SEC investigati...
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Schauer votes to remove special monopoly protections for health insurance industry
Feb 24, 2010
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Today Congressman Mark Schauer voted to pass the Health Insurance Industry Fair Competition Act (HR 4626), a bill that restores competition and transparency to the health insurance market. Under the legislation, health insurers would no longer be shielded from legal accountability for price fixing, ...
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Schauer praises implementation of CARD Act
Feb 22, 2010
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Today Congressman Mark Schauer praised the implementation of H.R. 627, the CARD Act, which contains several strict protections for consumers, including banning unfair interest rate increases and forbidding abusive fees and penalties by credit card companies."The big credit card companies have been r...
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Schauer announces major investment that will help keep food safe, boost local economy
Feb 15, 2010
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Today Congressman Mark Schauer announced that a recently released provision in 2011 federal budget could lead to a major expansion of the International Food Protection Training Institute (IFPTI) in Battle Creek. By increasing the allocation for food protection training programs, IFPTI could hire up ...
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Schauer pledges to fight latest GOP push to privatize Social Security and Medicare
Feb 3, 2010
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In a series of interviews and opinion pieces over the past several days, House Republicans have dusted off their plans to privatize Social Security and dismantle Medicare by turning it into a voucher program. This “better solution” is an old, bogus idea that has already been rejected by the American...
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Schauer calls on administration to support food protection training efforts in 2011 budget to keep America's food safe
Jan 25, 2010
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Today Congressman Mark Schauer (D-MI) called on White House Budget Director Peter Orszag to invest in food protection training programs as part of the 2011 federal budget to modernize America’s food safety system and save lives. Following a briefing with officials from the International Food Protect...
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Schauer co-sponsors bill to crack down on excessive Wall Street bonuses, boost small business lending
Jan 15, 2010
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Today Congressman Mark Schauer (D-MI) announced his support for legislation that would crack down on excessive Wall Street bonuses and help small businesses obtain the credit they need to survive and to create jobs.
“Day after day, I hear from small businesses in Michigan that can’t get a loan to...
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Schauer votes to crack down on Wall Street, end taxpayer-funded bailouts
Dec 11, 2009
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Today Congressman Mark Schauer (D-MI) voted to support the Wall Street Reform and Consumer Protection Act, HR 4173, a bill that implements common-sense rules to ensure big banks and Wall Street can't jeopardize our economic recovery and hurt hard-working families and small businesses once again. Spe...
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