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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Treasury Department's encouragement to big banks slammed as "beyond predatory"
This is cruel.
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"After a third of U.S. renters couldn't make rent this month, the Treasury Department is pointing out opportunities for banks and debt collectors to steal Americans' relief checks out from under them," Jeremy Funk, spokesperson for consumer advocacy group Allied Progress, said in a statement responding to Kent's comments.
"It's the middle of a pandemic," said Funk. "This money should be going toward food, rent, and medicineit's not the time to hand out favors to debt collection industry donors or pad some big bank's bottom line," said Funk. "Secretary Mnuchin needs to ensure that these $1,200 checks go straight into Americans pockets where they belong."
https://www.salon.com/2020/04/15/trumps-treasury-department-gives-banks-green-light-to-seize-individuals-1200-stimulus-checks_partner/?fbclid=IwAR0MQ962e0gFXDBJW-H1UjBaLF1VTNrPKsDxsc3xjTNEaOiKfzob0y-Ez_A
Bayard
(22,038 posts)And prohibit it in the bill.
NoRoadUntravelled
(2,626 posts)GOP has morphed into something unrecognizable and dangerous. Time for Dems in Congress to accept that fact and take all precautions and certainly make no assumptions when it comes to what GOP is capable of.
keithbvadu2
(36,731 posts)Another bailout for the banks.
NoRoadUntravelled
(2,626 posts)Wishing the GOP would just give up all pretense of caring about doing good for Americans and simply announce their allegiance to Wall Street and big corporations.