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South Middlesex Times

Wednesday, December 4, 2024

Rep. Frank Pallone voices concern over CFPB changes and highlights flood defense project

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U.S. Rep. Frank Pallone representing New Jersey's 6th Congressional District | Official U.S. House headshot

U.S. Rep. Frank Pallone representing New Jersey's 6th Congressional District | Official U.S. House headshot

Representative Frank Pallone, a long-serving member of the U.S. Congress representing New Jersey's 6th district, shared several updates via social media on November 25, 2024. The posts covered topics from financial regulatory concerns to infrastructure developments related to storm resilience.

On November 25, 2024, Rep. Pallone expressed concerns about potential changes to the Consumer Financial Protection Bureau (CFPB). He stated that the agency was created "in the wake of the Great Recession to protect people from unfair, deceptive or predatory financial practices." However, he warned that "once Trump takes office he's unfortunately likely going to gut CFPB to help his corporate friends at the expense of the American people." The full post can be viewed here.

Later that day, Rep. Pallone announced a significant development in storm resilience efforts alongside the Army Corps of Engineers. At 16:35 UTC on November 25, he tweeted about the launch of "the final phase of the Port Monmouth Floodwall & Levee System—a $61.8M milestone in storm resilience post-Superstorm Sandy." This event was broadcast live and further details are available here.

At 18:26 UTC on November 25, Rep. Pallone reiterated his commitment to strengthening communities affected by Superstorm Sandy. He noted that it has been "12 years after Superstorm Sandy devastated our communities," and highlighted participation with @USACEHQ in commencing "the final phase of the $61.8M Storm Risk Reduction Project—bringing real protection to residents." Additional information can be found here.

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