The August Congressional Recess is an Important Time to Connect with Lawmakers

8/9/2017 2:43 PM

ACA International has resources available to advocate on behalf of the credit and collection industry and to connect with members of Congress while they are in their home districts.


The U.S. House of Representatives and U.S. Senate recently concluded legislative business until Sept. 5 following a session focused largely on the reform and repeal of Obamacare, filling the Supreme Court Justice vacancy and unwinding burdensome regulations that adversely affect the business community. 

This is a vital year for our industry as the Consumer Financial Protection Bureau is expected to move forward in its rulemaking to overhaul the debt collection market while we await a ruling by the D.C. Circuit Court of Appeals on ACA’s Telephone Consumer Protection Act lawsuit against the Federal Communications Commission. With the bold new political landscape taking shape, new opportunities will arise for the credit and collection industry with regards to the CFPB and TCPA.

Policymakers will be home offering ACA members the perfect opportunity to educate them on issues that most affect our industry.

Some legislation affecting regulations of the credit and collection industry resurfaced in the 115th Congress, such as the Financial CHOICE Act 2.0 and a bill from U.S. Rep. Blaine Luetkemeyer, R-Mo., to end Operation Choke Point.

Recently, the U.S. House of Representatives passed the Financial CHOICE Act 2.0 to convert the CFPB into an executive agency funded by the annual congressional appropriations process, rather than an independent agency funded directly through the Federal Reserve. The legislation would also enable the president to remove the agency’s director “at will,” rather than for cause, in accordance with the current law. Under the new version of the bill, the CFPB supervisory authority would be eliminated entirely, and it would become an enforcement agency, without supervision functions.

With Congress out of session until next month, now is a perfect time to connect with your legislative representatives in their home districts or states to discuss industry issues or to coordinate an agency tour. 

ACA can help coordinate meetings with members of Congress.  Interested members should contact ACA’s Vice President of Congressional and Political Affairs Rae Ann Bevington at (202) 547-2670 or 

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