Congressional Black Caucus Chair Marcia L. Fudge Responds to Alleged Divisions within the CBC Over Financial Services Legislation

WASHINGTON, DC – Congressional Black Caucus (CBC) Chair Marcia L. Fudge released the following statement in response to articles alleging that differences in opinions over financial services legislation has caused severe division among Members of the CBC:

“Recent articles have claimed that there are intense divisions within the Congressional Black Caucus. Even to go as far as saying that the CBC went to ‘war’ with itself over financial services legislation. Let me be clear that each Member of the CBC remains united and committed to the mission of our Caucus – and that is to advocate for policies that empower and protect the interests of the communities we represent.

“The accusation that a difference in opinion among Members of the CBC on financial services legislation is in opposition to what the CBC stands for is both inaccurate and insulting. This charge pigeonholes Members of this Caucus in ways that it does for no other individual Member or Member organization in this Congress. Each Member of the CBC is committed to a system that is fair to and accessible by all Americans. Therefore it should be of no surprise that there is no unanimous approach for dealing with issues within our Caucus. Differences among CBC Members on legislation that affects social equity and/or the economic well-being of this nation and our communities do not divide us; these debates make our Caucus stronger.

“The Congressional Black Caucus is not a monolithic organization. Members of the CBC are and should be held to the same standard as every other Member of the House of Representatives. Each CBC Member has an opinion, a specific area of expertise, and a constituency to represent and to consider with every one of our votes. Though Members of the Congressional Black Caucus are African American, each one of our constituencies has varied and unique interests and it is our responsibility to be responsive to their issues and interests first. When there is no unanimity within the Caucus on an issue, our Members speak, act and to vote in any way his or her conscience or our constituents dictate. We do not and should not always be expected to vote unanimously. This is the way democracy works within this institution and it is no different within the CBC.”