Finance and Financial Sector

Finance and Financial Sector

Blue Dog Coalition Policy Task Forces Release Recommendations for COVID-19 Pandemic Response

WASHINGTON—Today, the Democratic Blue Dog Coalition released its policy recommendations for both Congress and the Trump Administration to consider as they continue to respond to the coronavirus disease 2019 (COVID-19) pandemic. The recommendations were developed within the policy parameters of the Blue Dog Coalition’s five policy task forces.

Blue Dogs Back Maintaining Affordable Auto Credit for Consumers

WASHINGTON – The Blue Dog Coalition overwhelmingly supports H.R. 1737, the Reforming the CFBP Indirect Auto Financing Guidance Act. The bill seeks to fix a problematic Consumer Financial Protection Bureau (CFPB) policy that would make it difficult for auto dealers to discount interest rates for their customers. As most consumers obtain financing credit through their car dealers, this policy could decrease competition and increase costs, hurting, rather than helping, consumers.