Consumer Protection
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As a fierce consumer rights advocate, Sherman has long fought to protect consumers from all forms of abuse, fraud, and predatory practices.
Congressman Sherman was among the leaders behind the formation of the Consumer Financial Protection Bureau (CFPB), which protects consumers from financial institutions issuing credit cards and offering costly overdraft protection.
From 2019-2023, Sherman served as Chairman of the House Financial Services Subcommittee on Investor Protection, Entrepreneurship and Capital Markets where he worked to institute and maintain consumer safeguards.
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More on Consumer Protection
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March 19, 2026
In response to rising global oil prices linked to escalating tensions involving Iran, Congressman Brad Sherman will soon introduce the "Iran War Oil Crisis Windfall Profits Tax Act" to crack down on excessive oil company profits and to return those funds directly to American consumers.
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March 19, 2026
Congressman Sherman will soon introduce the No U.S. Oil Exports During Iran War Act to protect American consumers from rising energy costs and economic instability amid the war with Iran.
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March 13, 2026
WASHINGTON, D.C. — Congressman Brad Sherman (CA-32) today urged President Donald Trump to immediately halt exports of U.S.-produced petroleum during the ongoing hostilities involving Iran in order to protect American consumers from rising energy prices and economic disruption.
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February 26, 2026
Congressman Brad Sherman and Senator Elizabeth Warren (D-MA), along with Reps. Beyer (D-VA), Hoyer (D-MD), Chu (D-CA), Pocan (D-WI) and Senators Wyden (D-OR) and Coons (D-DE) led 160 lawmakers in both the House and Senate in introducing the Direct File Act to provide millions of Americans with a free and easy tax filing option.
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February 26, 2026
Reps. Brad Sherman and Judy Chu are urging the United States Postal Service (USPS) to extend mail forwarding, free of charge, for families and businesses still recovering from the devastating January 2025 Palisades and Eaton wildfires.
Issues:Consumer Protection
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January 6, 2026
On the one-year anniversary of the January 2025 Palisades Fire, Congressman Brad Sherman issued the following statement reflecting on the impact to Pacific Palisades, the federal response, and the continued need for disaster recovery funding.
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July 30, 2025
Congressman Brad Sherman, along with Congressman Seth Magaziner (RI-2) and Congressman Chris Deluzio (PA-17), introduced the Click to Cancel Act, legislation that would safeguard Americans from predatory subscription and auto-renewal tactics.
Issues:Consumer Protection
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May 21, 2025
The House Financial Services Committee voted to advance Congressman Brad Sherman’s bipartisan Access to Small Business Investor Capital Act that will help small and mid-sized businesses across the country access more capital.
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May 14, 2025
At a recent House Financial Services Committee hearing, Congressman Brad Sherman pressed U.S. Treasury Secretary Scott Bessent to oppose U.S. tax breaks for those who invest in China.
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March 18, 2025
Congressman Brad Sherman, Congressman Huizenga (R-MI), Congressman Garbarino (R-NY) and Congresswoman Bynum (D-OR) re-introduced the bipartisan Access to Small Business Investor Capital Act, which makes a narrow technical correction to a federal securities rule that has had major unintended consequences over the last two decades.