* Illinois Observer…
Democratic U.S. Senate candidate Andrea Zopp yesterday zeroed in on an obscure bill moving through Congress as a vehicle to whack her top primary opponent.
ZOPP DINGS DUCKWORTH ON LENDING BILL… Zopp yesterday called on Congress to defeat HR 1737, a bill that she says would make it harder for the Consumer Financial Protection Board to protect American consumers from discriminatory lenders.
“We’ve known for decades that borrowers of color are nearly twice as likely to have higher interest rates than white borrowers with similar credit scores,” Zopp said in a statement. Yet, Congress is attempting to make it worse. HR 1737 undermines the authority of the CFPB to protect minority consumers seeking auto loans.”
Zopp’s real aim was not to rush to defend the federal board, but to undermine her Democratic primary opponent, U.S. Rep. Tammy Duckworth (D-IL), among heavily Democratic minority voters.
“I find it interesting that while Congresswoman Duckworth has not co-sponsored bills that would address racial profiling or amend the Voting Rights Act, she decided to co-sponsor and vote for a bill that would enable big business to racially discriminate. This seems to be another example of her ignoring the needs of communities of color.”
* Maybe not. The Duckworth response…
“Once again Andrea Zopp didn’t do her homework, just like when she rubber-stamped an illegal $21 million no-bid contract that has former Chicago schools chief Barbara Byrd-Bennett facing jail time. The reality is that 16 members of the Congressional Black Caucus or Congressional Hispanic Caucus also cosponsored this bipartisan bill, and the Congressional Budget Office has stated it will not hurt enforcement of the Equal Credit Opportunity Act. Zopp can keep cherry-picking legislation to try and score cheap political points all she likes, but it won’t change the fact that Tammy has a proven record of fighting for Illinois families and small businesses.” - Matt McGrath, campaign spokesman
H.R. 1737 Was Supported By Members Of Both The Congressional Black Caucus And The Congressional Hispanic Caucus
Sixteen Members Of The Congressional Black Caucus Or The Congressional Hispanic Caucus Cosponsored H.R. 1737. Cosponsors of H.R. 1737 included: Reps. David Scott, Sanford Bishop, Alcee Hasting, Sheila Jackson Lee, Frederica Wilson, Corrine Brown, Marc Veasey, Pete Aguilar, Ruben Hinojosa, Jim Costa, Henry Cuellar, Loretta Sanchez, Albio Sires, Norma Torres, Juan Vargas, and Filemon Vela. [H.R. 1737, 11/3/15]
Congressional Budget Office Said Bill Would Not Hurt Enforcement Of Equal Credit Opportunity Act
Congressional Budget Office Found H.R. 1737 Would Not Prevent Enforcement Of The Equal Credit Opportunity Act. “Based on information from the CFPB, CBO expects the agency would not prepare a replacement bulletin if H.R. 1737 were enacted. Because the bill would not affect the underlying statue or regulations to implement it, the Bureau can continue to enforce the Equal Credit Opportunity Act without the bulletin.” [Congressional Budget Office, H.R. 1737, 10/14/15]