[ [link removed] ]Morgan Harper
$12.4 billion, John.
That’s how much money I helped return to over 28 million Americans as a
Senior Adviser at the Consumer Financial Protection Bureau (CFPB).
I’ll tell you how it happened, [ [link removed] ]but first can you please make a donation
of $5 or more before our first-ever campaign fundraising
deadline on August 31?
For decades, it was much easier for financial corporations to scam
hardworking Americans out of their money. There were few checks or
balances on PayDay loan schemes, Big Banks, credit card companies, or
student loan providers. These bad actors disproportionately targeted Black
and brown communities.
Then, in the aftermath of the 2008 financial and foreclosure crisis,
Senator Elizabeth Warren and President Barack Obama created a first-of-its
kind independent consumer watchdog agency — the CFPB.
[ [link removed] ]Barack Obama and Elizabeth Warren announce the creation of the CFPB.
When I joined the CFPB under President Obama, which I highlighted in my
campaign launch video, I realized the huge amount of good the federal
government can accomplish when its power is in the hands of people who
fight with urgency for us. I was proud to hold these powerful corporations
accountable and win money back for working
families.
Here are some of the biggest fights we took on at the CFPB and won:
* The CFPB ordered a credit union that made false debt collection
threats to active service members and retired veterans to pay a $5.5
million fine and pay $23 million to its victims.
* The CFPB fined Wells Fargo $100 million for opening more than 2
million fake accounts without customer authorization.
* The CFPB got $35 million from PNC Financial Services Group to
compensate the more than 75,000 Black and Hispanic borrowers who the
mortgage lender charged higher fees or interest rates based on their
race.
These big numbers are impressive. But here’s my other takeaway from
working at the CFPB, John:
It’s going to take systemic change to our economy to truly level the
playing field for families living paycheck to paycheck in 2021. We know
the policies that make a difference for working people, but we lack the
political leaders who will stand up to corporate power.
I will always go after the bad actors preying on people’s problems.
Everybody deserves a chance at a stable life — not just a select few.
Send me to the U.S. Senate, and I’ll fight day in and day out to deliver
for the American
people like I did at the CFPB. But in order to get there,
I urgently need your help today:
[ [link removed] ]Can you please make a campaign contribution of $5 or
more before our first-ever fundraising deadline on August 31? I’ve never
been afraid to take on the biggest fights like I did at the CFPB, but I
know I can’t do it with a team of supporters, including you, by my side.
[ [link removed] ]Contribute $5
Thank you for your continued support,
Morgan Harper
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