Protecting Consumers and Investors

Rep. Porter Introduces Legislation to Crack Down on Pharmaceutical Price Spikes

| Posted in Press Releases

Congresswoman Katie Porter (CA-45) today introduced legislation that would protect patients from unnecessary price spikes. The Freedom from Price Gouging Act recovers taxpayer dollars from pharmaceutical companies when they try to hike their drug prices to increase their profits. “It’s time to hold Big Pharma accountable for jacking up drug prices to line their own pockets,” Congresswoman Porter s...

Rep. Porter Demands Oversight for Organizations Facilitating Organ Transplants

| Posted in Press Releases

Congresswoman Katie Porter (CA-45) today called on the Trump Administration to conduct appropriate and necessary oversight for organ procurement organizations (OPOs), which are responsible for evaluating and securing organs from those who have decided to donate their organs. This request comes as a response to President Trump’s executive order signed in July of this year to improve the nation’s tr...

Rep. Porter Sounds Alarm on Rollback of Protections Against Abusive Debt Collection Practices

| Posted in Press Releases

Congresswoman Katie Porter (CA-45) today called out the Consumer Financial Protection Bureau (CFPB) for rolling back protections that prevent debt collectors from harassing Americans. She was joined in her effort by 65 Members of Congress. “Debt collectors today use the exact same excuses I heard from mortgage lenders in the years leading up to the financial crisis, and we know how that turned out...

With Rep. Porter Support, House Passes Bipartisan Bill to Protect Financial Institutions that Service State-Legal Marijuana Businesses

| Posted in Press Releases

With support from Congresswoman Katie Porter (CA-45), the House of Representatives today passed a bipartisan bill to protect banks and credit unions serving marijuana business in states where cannabis is legal. The Secure and Fair Enforcement (SAFE) Banking Act includes an amendment from Porter clarifying that these protections are provided to new financial institutions, who may otherwise be hesit...

Rep. Porter Hears from Community Leaders on Census Efforts in Orange County

| Posted in Press Releases

IRVINE – Congresswoman Katie Porter (CA-45) today held a roundtable with federal, state, and local entities and with community groups to coordinate efforts to ensure a fair count of Orange County residents in the 2020 census. “We need all hands on deck to make sure everyone is counted in Orange County,” Congresswoman Porter said. “I was glad to see so many community leaders come together to work t...

Rep. Porter Calls for Investigation into Dialysis Industry Practices

| Posted in Press Releases

Congresswoman Katie Porter (CA-45) today called on a Department of Health and Human Services (HHS) watchdog to investigate dialysis providers and patient advocacy groups that are putting patients’ lives at risk and increasing the cost of care for taxpayers. Porter requested additional oversight after hearing complaints that patients were being pushed toward more expensive insurance options to incr...

CNN: Katie Porter isn't part of 'The Squad.' But the freshman House Democrat is stirring up trouble for Trump

| Posted in In the News

Washington (CNN) - When Hillary Clinton lost the 2016 presidential election, a California law professor named Katie Porter -- who had been expecting to join Clinton's transition team to advise on housing policy -- thought she would sit the next four years out of government. She figured she'd wind up working for Elizabeth Warren, her former Harvard law school professor, or Kamala Harris, who in 20...

Rep. Porter Bill to Increase Consequences for Companies Ripping Investors Off Clears Key Committee Hurdle

| Posted in Press Releases

A bill introduced by Congresswoman Katie Porter (CA-45) to increase consequences for companies that cheat investors today took the first step to becoming law, receiving the approval of the Financial Services Committee. Porter’s bill would scale up penalties for companies found by investor protection agencies like the Securities and Exchange Commission to have violated existing law. “We can’t allow...

Rep. Porter Joins Colleagues to Protect Students from Predatory Institutions

| Posted in Press Releases

Congresswoman Katie Porter (CA-45) today joined Rep. Lucy McBath (GA-6) and other freshmen colleagues to introduce legislation to make permanent a student loan forgiveness program for borrowers who were defrauded or misled by their schools. The Relief for Defrauded Students Act of 2019 would support these protections for students, as the Department of Education under Betsy DeVos has failed to foll...

House Adopts Rep. Porter Amendment to Protect Medicare Beneficiaries from Fraud

| Posted in Press Releases

The House of Representatives today adopted an amendment by Congresswoman Katie Porter (CA-45) that would increase funding for a program to protect Medicare recipients from fraud. The proposal passed with a large bipartisan majority. “It is unacceptable that older adults continue to be targeted when it comes to fraud and abuse,” Congresswoman Porter said. “I’m proud to support the critical work of ...