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Schumer Bill Would Protect Soldiers Abroad From Financial Abuse

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U.S. Senator Charles Schumer has launched his first push to pass the Military Consumer Protection Act.

Service members from Upstate New York are at risk of abusive financial practices while they are deployed overseas, in remote areas like Iraq or Afghanistan, because, Schumer says, current regulators are failing to sufficiently enforce protections for service members against evictions, mortgage foreclosures, vehicle repossession and credit default while they are deployed.

"Men and women in uniform protect this nation bravely. It's up to us to see they are in turn protected by their nation."

Schumer says the Senate bill would authorize the Consumer Financial Protection Bureau to take over enforcement of the existing laws.

Dave Lucas is WAMC’s Capital Region Bureau Chief. Born and raised in Albany, he’s been involved in nearly every aspect of local radio since 1981. Before joining WAMC, Dave was a reporter and anchor at WGY in Schenectady. Prior to that he hosted talk shows on WYJB and WROW, including the 1999 series of overnight radio broadcasts tracking the JonBenet Ramsey murder case with a cast of callers and characters from all over the world via the internet. In 2012, Dave received a Communicator Award of Distinction for his WAMC news story "Fail: The NYS Flood Panel," which explores whether the damage from Hurricane Irene and Tropical Storm Lee could have been prevented or at least curbed. Dave began his radio career as a “morning personality” at WABY in Albany.
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