Protecting Consumers

Building on Her Report Investigating Student Loan Servicers, Rep. Porter Reintroduces Legislation to Boost Accountability

| Posted in Press Releases

Following a report Rep. Katie Porter (D-CA) recently released on conflicting priorities in the student loan servicing industry, Porter and Rep. Suzanne Bonamici (D-OR) reintroduced their bill to boost transparency, oversight, and accountability of student loan servicers. The CFPB Student Loan Integrity and Transparency Act would direct both the Consumer Financial…

Rep. Porter, Sen. Merkley Reintroduce Bill to Protect Americans from Medical Debt

| Posted in Press Releases

Congresswoman Katie Porter (D-CA) and Senator Jeff Merkley (D-OR) reintroduced bicameral legislation to protect patients from the long-term financial harms of high health care costs. Despite medical debt being an unreliable indicator of creditworthiness, it appears on the credit reports of tens of millions of American households. The Medical Debt Relief Act would ban all medical…

Reps. Porter, McClain Introduce Bipartisan Bill to Prevent Another Infant Formula Shortage Crisis

| Posted in Press Releases

Today, Rep. Katie Porter (D-CA), the top Democrat on the Oversight Subcommittee on Health Care and Financial Services, and Chairwoman Lisa McClain (R-MI) introduced a bipartisan bill that would help prevent another infant formula crisis.  The Safeguarding Kids and Families from Critical Food Shortages Act would require formula manufacturers to report to the Food and Drug…

Wall Street Journal: Baby-Formula Makers Face Push to Disclose Contamination Earlier

| Posted in In the News

WASHINGTON—Baby-formula manufacturers would be required to notify regulators about contamination in their products in a wider range of circumstances, under bipartisan legislation introduced Tuesday. The legislation is aimed at preventing and quickly halting any future outbreaks of cronobacter, the bacteria that sickened four babies and fueled last year’s shortage. The bill from the top…

Bloomberg Law: Punching In: Unions, Lawmakers Cry Foul on Marriott Safety Fee

| Posted in In the News

Democratic lawmakers and a union representing Los Angeles hotel workers are asking the Biden administration to investigate whether Marriott is profiting off a “deceptive” surcharge that the hotel chain says is used to cover the costs of locally required worker safety protections. California Democratic Reps. Katie Porter and Jimmy Gomez urged Federal Trade Commission officials in a letter…

Rep. Porter Presses for Investigation into Marriott Junk Fees

| Posted in Press Releases

Today, Congresswoman Katie Porter (D-CA) and Congressman Jimmy Gomez (D-CA) wrote to Lina Khan, Chair of the Federal Trade Commission (FTC), to highlight recent reports that Marriott hotels in Los Angeles have been charging a junk fee under the guise of compliance with local worker protection laws.  “Travelers deserve to know the price they’ll pay up front, and workers deserve to…

Porter, Bipartisan Colleagues Introduce Bill To Hold Failed Bank Executives Accountable

| Posted in Press Releases

Today, Representatives Katie Porter (D-CA), Victoria Spartz (R-IN), Ruben Gallego (D-AZ), Ken Buck (R-CO), and Marie Gluesenkamp Perez (D-WA) introduced legislation to hold executives accountable for bank failures. The bipartisan Failed Bank Executives Clawback Act directly targets unjust compensation earned by executives who threaten our financial system and…

Rep. Porter Reintroduces Bill to Fight Coordinated Price Hikes

| Posted in Press Releases

Congresswoman Katie Porter (D-CA) has reintroduced the Competitive Prices Act, which would empower consumers to hold big corporations accountable for coordinating price hikes.  “It’s on Congress to pass safeguards to protect Americans from monopoly power and coordinated price hikes that gouge consumers on basic necessities,” said Rep. Porter, a consumer protection advocate. “My bill…

Porter Introduces Legislation to Protect Airline Travelers

| Posted in Press Releases

Congresswoman Katie Porter (D-CA) introduced four pieces of legislation to improve Americans’ air travel experiences and address years of airlines taking advantage of passengers. “No one wants to be uncomfortable or inconvenienced when traveling, but airlines continue to push their limits to juice profits,” said Rep. Porter, a consumer protection advocate. “I introduced a series of bills…

Rep. Porter and Sen. Warren Lead 50 Lawmakers to Introduce Legislation Repealing 2018 Financial Deregulation

| Posted in Press Releases

Today, Representative Katie Porter (D-CA) and Senator Elizabeth Warren (D-MA) introduced the Secure Viable Banking (SVB) Act with a coalition of 50 lawmakers from both chambers of Congress. Their legislation would repeal Title IV of the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018, a bill that contributed to the collapse of Silicon Valley Bank (SVB) and…