Cosponsor Bipartisan H.R. 2048, The Pink Tax Repeal Act

In 1994, the California Assembly Office of Research conducted a study that found that women pay a “gender tax” of $1,351/year for the same services as men. I subsequently sponsored the “Repeal the Gender Tax Act” in the California Assembly, which passed
in 1996 and required that prices for services like dry cleaning and haircuts be determined by the amount of time needed to do the job, not by gender.

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Cosponsor Bipartisan Student Loan Refinancing Act H.R. 2186

We are reintroducing the Student Loan Refinancing Act, a bill which would remove the current restrictions on refinancing and allow anyone with a subsidized or unsubsidized federal Stafford loan, or a federal direct PLUS loan, to refinance
their student loans whenever borrowing rates are reduced.

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Sign Letter to Urge Implementation of Postal Banking Pilot Programs

I invite you to join me in sending a letter to Postmaster General Brennan to urge her to implement postal banking pilot programs. Under its existing authority, the United States Postal Service can provide affordable financial services, including ATMs, pay-check
cashing, bill payment and electronic money transfers. This is crucial for both rural and urban communities that face limited banking options. There is a Post Office in every part of this country and they can be critical in providing much needed financial services
for communities that are underserved by financial institutions.

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Support Minority, Women, and Low-Income Banks & Credit Unions

Black banks have long
served low- and moderate-income neighborhoods by providing mortgages, opportunities to build credit, and welcoming places to deposit earnings, but they are now in danger of disappearing.  The

New Market Tax Credit (NMTC), a venture capital program intended to attract investment to these lower income neighborhoods which need it the most, has instead put money in the pockets of a few wealthy developers.  Additionally, the Great Recession hit black
banks hard. Creative Investment Research, a firm that monitors minority-owned financial institutions, found that nearly a quarter have gone out of business, and predicts there will only be seven left in the entire country by 2028 if the status quo does not
change.

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COSPONSOR: The Pink Tax Repeal Act, H.R. 2048

In 1994, the California Assembly Office of Research conducted a study that found that women pay a “gender tax” of $1,351/year for the same services as men. I subsequently sponsored the “Repeal the Gender Tax Act” in the California Assembly, which passed
in 1996 and required that prices for services like dry cleaning and haircuts be determined by the amount of time needed to do the job, not by gender.

Read More