Committee Democrats At Work: Rep. Lawson Pushes for Moratorium on Debt Collection During COVID-19 Crisis
In March, Committee Democrats led by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321), legislation to provide a comprehensive stimulus and public policy response to the coronavirus pandemic.
“In light of the global coronavirus pandemic, and the economic hardship it will bring, my bill would suspend debt collections activity for 120 days to allow families and businesses an opportunity to get back on their feet. This would give working Americans, small business and non-profits another tool in the recovery process.”
Chairwoman Waters and Financial Services Committee Members continue their efforts to ensure their critical legislation is included in the ongoing legislative response to the coronavirus crisis.