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
October 3, 2013
International Accounting Standards Board
First Floor
30 Cannon St.
London EC4M 6XH
United Kingdom
Financial Accounting Standards Board
File Reference No. 1850-100
401 Merritt 7
PO Box 5116
Norwalk, CT 06856-5116
Re: Comments on Proposed Accounting Standards Revision (Leases, Topic 842)
FASB File Reference No. 2013-270
Dear Board Members and Staff,
Embattled Clippers owner Donald Sterling may be able to write off his critics, but if two state lawmakers have their way, he won't have the same option with the $2.5-million fine imposed on him by the NBA.
Two state Assembly members from Los Angeles filed legislation Tuesday that would prevent sports team owners from writing off league fines as a business expense when they file their state income tax returns.
NBA Commissioner Adam Silver banned Sterling from the basketball league for life and fined him after a nationwide uproar over comments he made about African Americans.
Sherman Announces How Los Angeles Residents Can Find Out If They Have Unclaimed Tax Refunds. LA County Has $60 Million in Undelivered & Unclaimed Returns. Plus Tips to Avoid to Tax Scams & Fraud
[Washington, DC] – Congressman Brad Sherman led a bipartisan group of nine lawmakers in writing to the General Counsel of the Federal Housing Finance Authority (FHFA), Alfred Pollard, in support of the FHFA’s draft regulation to restrict private transfer fee covenants.
By Congressman Brad Sherman
As of April 27, 2010, domestic air travelers were spared of lengthy airplane delays on the tarmac and will enjoy additional consumer protections. Although not everyone considers air travel to be fun, it should certainly be safe and free of suffering.
Under a new rule, U.S. airlines operating domestic flights may not permit an aircraft to remain on the tarmac at large and medium hub airports (LAX and Burbank Airport) for more than three hours without deplaning passengers. Three hours is still too long but this is a reasonable start.
Washington, D.C. – Starting Thursday domestic air travelers will be spared of lengthy airplane delays on the tarmac and will enjoy additional consumer protections.
Under the new rule, U.S. airlines operating domestic flights may not permit an aircraft to remain on the tarmac at large and medium hub airports (LAX and Burbank Airport) for more than three hours without deplaning passengers.
Washington, D.C. - Congressman Brad Sherman (D-CA) announced today that he is
co-sponsoring H.R. 6355, the Air Service Improvement Act of 2008. This legislation is designed to address air passenger rights and aviation consumer protection and was introduced by Congressmen James Oberstar (D-MN) and Jerry Costello (D-IL).