Consumer Protection
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
Sherman Oaks, CA – On the seventh anniversary of the Aliso Canyon gas blowout, Congressman Brad Sherman (D-Sherman Oaks) continues to push for the closure of the Aliso Canyon natural gas storage facility and to ensure that SoCal Gas is held responsible for their actions.
Washington, D.C. – Today Congressman Brad Sherman (D-Sherman Oaks), Chair of the House Financial Services Subcommittee on Investor Protection and Capital Markets, issued the following statement upon the announcement that the Public Company Accounting Oversight Board (PCAOB) signed a Statement of Protocol with the China Securities Regulatory Commission and the Ministry of Finance of the People's Republic of China.
WASHINGTON, D.C. – The House voted to adopt an amendment led by Congressman Brad Sherman (D-CA), Chair of the House Financial Services Subcommittee on Investor Protection and Capital Markets, as part of the annual defense authorization bill. The amendment works to make it easier for homebuyers to purchase a home with a Federal Housing Administration (FHA) mortgage.
WASHINGTON, D.C. – The House voted to adopt an amendment led by Congressman Brad Sherman (D-CA), Chair of the House Financial Services Subcommittee on Investor Protection and Capital Markets, as part of the annual defense authorization bill. The amendment will require that China-based issuers of certain unregistered securities provide basic information about themselves to the U.S.
Washington D.C. – Today Congressman Brad Sherman (D-Sherman Oaks) and Congresswoman Katie Porter (D-CA) led 48 colleagues in introducing the Tax Filing Simplification Act of 2022, with Senator Elizabeth Warren (D-Mass.) leading 22 Senate colleagues to introduce the Senate companion. This legislation would simplify the tax filing process for millions of Americans, saving them time and money.
Washington, D.C. --Congressman Brad Sherman (D-Sherman Oaks) and Congressman Don Bacon (R-NE) introduced the Emergency Infant Formula Act - legislation that focuses on increasing the supply of infant formula amid the national shortage crisis. Senator Kirsten Gillibrand (D-NY) is currently working to introduce companion legislation in the Senate.
Washington, D.C. – Today Congressman Brad Sherman (D-Sherman Oaks) announced he will introduce the Emergency Infant Formula Act – legislation that focuses on increasing the supply of infant formula amid the national shortage crisis.
Washington, D.C. – Today the House passed Congressman Brad Sherman's (D-CA)H.R. 7066 theRussia and Belarus Financial Sanctions Act which directs U.S. financial institutions to ensure their subsidiaries, including foreign branches, comply with U.S. sanctions against Russia and Belarus. This legislation representsan important step towards enhancing the effectiveness of the U.S. sanctions imposed to cripple the economies of Russia and Belarus in response to the historic act of aggression against Ukraine.