Protecting Consumers

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…

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…

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…

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…

Rep. Porter Op-ed: HUD Secretary Ben Carson has failed America's working families. They deserve better.

| Posted in In the News

When Secretary Ben Carson appeared before Congress at the end of May, I came prepared for a serious discussion about our nation’s housing supply. In my home district in Orange County, California, we have both a rental affordability crisis and a homeownership affordability crisis, and the Department of Housing and Urban Development (HUD) has an important role to play in…

Rep. Porter Introduces Legislation to Promote Oversight of Student Loan Servicers

| Posted in Press Releases

Congresswoman Katie Porter (CA-45) along with Congresswoman Suzanne Bonamici (OR-1) today introduced legislation to protect student borrowers and increase transparency and accountability within the student loan servicing industry. The CFPB Student Loan Integrity & Transparency Act of 2019 would strengthen the oversight abilities of the Consumer Financial Protection Bureau (CFPB)’s…

Huffington Post: How Freshman Rep. Katie Porter Puts Wall Street In The Hot Seat

| Posted in In the News

You don’t often see some of the smartest people in the country being asked to do math at a congressional hearing. (You rarely see tough questions at all, really). That’s exactly what Wall Street executives and regulators face when freshman Rep. Katie Porter (D-Calif.) takes her turn on the dais at hearings of the House Financial Services Committee. The panel treated the…

Rep. Porter Holds Roundtable on Type 1 Diabetes with Medical Experts, Local Advocates, and Families Living with T1

| Posted in Press Releases

IRVINE – Congresswoman Katie Porter (CA-45) hosted a roundtable discussion this week on Type 1 Diabetes with leading medical experts, local advocates, and children and families living with Type 1 Diabetes. “Today’s roundtable is about really asking whether Orange County families are getting what we’re paying for in health coverage,” Porter said. “This new freshman class in Congress ran…

Bill to Protect Free and Open Internet Passes House with Rep. Porter Amendment

| Posted in Press Releases

Congresswoman Katie Porter (CA-45) today joined her House colleagues in a bipartisan vote to pass the Save the Internet Act, which would restore net neutrality provisions for internet users. The legislation passed with a Porter amendment that would require the Federal Communications Commission (FCC) to document the enforcement actions it has taken against internet service providers,…

Rep. Porter-backed Bill to Protect Financial Institutions Serving Marijuana Businesses Clears Key Committee Hurdle

| Posted in Press Releases

The House Financial Services Committee, on which Congresswoman Katie Porter (CA-45) serves, this week approved legislation backed by Porter which would protect financial institutions serving state-legal marijuana businesses, including those in California. The Secure and Fair Enforcement (SAFE) Banking Act was passed by a bipartisan majority of 45-15 and included an amendment by Porter…