Dems Who Voted to Allow Auto Lending Discrimination Took Nearly $1 Million from Auto Industry
11 Democrats Voted With Republicans to Let Auto Lenders Charge People of Color Higher Interest Rates Than Whites With the Same Credit
WASHINGTON, D.C. – The 11 Democrats who joined Republicans today in voting to repeal guidance from the Consumer Financial Protection Bureau (CFPB) that protects consumers from discriminatory auto lending practices, received nearly $1 million in campaign contributions from the auto industry:
- Rep. Jim Cooper (D-TN) has received $86,850
- Rep. Lou Correa (D-CA) has received $31,600
- Rep. Jim Costa (D-CA) has received $62,300
- Rep. Henry Cuellar (D-TX) has received $280,045
- Rep. Vicente Gonzalez (D-TX) has received $21,500
- Rep. Gene Green (D-TX) has received $244,400
- Rep. Stephanie Murphy (D-FL) has received $1,501
- Rep. Collin Peterson (D-MN) has received $29,100
- Rep. Kurt Schrader (D-OR) has received $76,000
- Rep. David Scott (D-GA) has received $110,150
- Rep. Filemon Vela (D-TX) has received $42,100
“They may try to dress it up with political spin but today Congress endorsed discrimination. The CFPB made it clear to the auto industry that it was a violation of the law to charge people of color with the same credit as whites higher interest rates on their loans. The House disagrees. Simply put, this is a big win for bigots,” said Karl Frisch, executive director of the consumer watchdog organization Allied Progress.
He continued, “Many auto dealers are actively discriminating against people of color. This behavior is pervasive and the CFPB’s guidance would help to end it. Unfortunately, the auto industry has showered Congress with millions in campaign cash putting them in the driver’s seat and it’s people of color who are being taken for a ride.”
Additional Background:
Democrats who voted to overturn CFPB guidance on auto lending have received a combined $985,546 in campaign contributions from the automotive industry. [Automotive, OpenSecrets.org, accessed 05/08/18]
- Rep. Jim Cooper (D-TN) has received $86,850 in campaign contributions from the automotive industry. [Automotive, OpenSecrets.org, accessed 05/08/18]
- Rep. Lou Correa (D-CA) has received $31,600 in campaign contributions from the automotive industry. [Automotive, OpenSecrets.org, accessed 05/08/18]
- Rep. Jim Costa(D-CA) has received $62,300 in campaign contributions from the automotive industry. [Automotive, OpenSecrets.org, accessed 05/08/18]
- Rep. Henry Cuellar (D-TX) has received $280,045 in campaign contributions from the automotive industry. [Automotive, OpenSecrets.org, accessed 05/08/18]
- Rep. Vicente Gonzalez (D-TX) has received $21,500 in campaign contributions from the automotive industry. [Automotive, OpenSecrets.org, accessed 05/08/18]
- Rep. Gene Green (D-TX) has received $244,400 in campaign contributions from the automotive industry. [Automotive, OpenSecrets.org, accessed 05/08/18]
- Rep. Stephanie Murphy (D-FL) has received $1,501 in campaign contributions from the automotive industry. [Automotive, OpenSecrets.org, accessed 05/08/18]
- Rep. Collin Peterson(D-MN) has received $29,100 in campaign contributions from the automotive industry. [Automotive, OpenSecrets.org, accessed 05/08/18]
- Rep. Kurt Schrader(D-OR) has received $76,000 in campaign contributions from the automotive industry. [Automotive, OpenSecrets.org, accessed 05/08/18]
- Rep. David Scott(D-GA) has received $110,150 in campaign contributions from the automotive industry. [Automotive, OpenSecrets.org, accessed 05/08/18]
- Rep. Filemon Vela (D-TX) has received $42,100 in campaign contributions from the automotive industry. [Automotive, OpenSecrets.org, accessed 05/08/18]
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