All Democrats on the House Committee on Financial Services signed a letter dated January 13 to Committee Chair Jeb Hensarling (R-TX) requesting that the Committee "commit to holding a series of hearings on strategies to reduce and eliminate poverty."
The letter cites the 50th Anniversary of the "War on Poverty" announced by President Lyndon B. Johnson, and the signatories note, "The gap between the rich and the poor in America has become a chasm. Today, 20 percent of the income in our country goes to the top one percent of Americans. The top one percent holds about 40 percent of the country’s wealth. This inequity trickles down into our communities, our housing and rental markets, and our financial system, where a lack of access to banking services often causes households to take on large debt burdens."
To date, Chairman Hensarling has not responded.
Read the letter at: http://bit.ly/1dqgSmp