Bipartisan legislation to help victims of financial abuse
(WASHINGTON, D.C.) – Congresswoman Erin Houchin is leading the bipartisan effort to address the growing issue of coerced debt and financial exploitation.
Along with New Jersey Congressman Josh Gottheimer, Houchin is introducing a proposed task force that aims to develop a comprehensive approach to combat financial abuse, protect victims, and prevent future incidents.
It is called the Task Force to End Financial Abuse Act and the goal is to help victims who accumulate debt in their partner's name without their knowledge or consent.
"Addressing coerced debt requires a coordinated effort that goes beyond just tackling financial exploitation; it touches on abuse, consumer protection, and the ability to live free from financial control," said Congresswoman Houchin. "The Task Force to End Financial Abuse Act will provide a roadmap to better understand the scope of this problem and develop real solutions to help victims break free and rebuild their lives."
The Task Force to End Financial Abuse Act represents a critical step toward breaking the cycle of financial control that affects so many victims of domestic abuse, the congresswoman added.
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