Thursday, February 9, 2012

Hagan hails federal, state partnership protecting the military community

U.S. Sen. Kay R. Hagan (D—N.C.), a member of the Senate Armed Services and Banking Committees and an advocate for consumer protections, Friday, Jan. 27, hailed a new federal-state partnership and the development of a database to combat consumer financial fraud directed at military members, veterans and their families. The Repeat Offenders Against Military Database was developed by the Department of Defense, the Federal Trade Commission and the Consumer Financial Protection Bureau.
“The development of this database is a huge service to North Carolina, which has the third largest military footprint in the nation,” said Hagan, who sits on the Senate Armed Services and Banking Committees. “Too often, our servicemembers and their families become victims of unlawful or predatory financial practices. Last May, I was proud to host a roundtable at Fort Bragg with Holly Petraeus, who heads the CFPB's Office of Servicemember Affairs, to hear from military leaders and families about the unique financial challenges facing our military communities. I will continue working to ensure that our servicemembers and their families, who sacrifice so much for our country, are protected from predatory financial practices.”
The ROAM Database will track completed enforcement actions against companies and individuals who repeatedly scam military personnel. Law enforcement officials across the country—including state attorneys general, United States attorneys, and judge advocates from all five branches of the armed forces—will be able to search the ROAM Database for publicly available information about completed civil and criminal legal actions against perpetrators of financial scams aimed at military personnel, veterans and their families.
Law enforcement officials can contribute data and request access to the database, which should be up and running by early February, by sending an email to
Hagan is a member of the Senate Armed Services and Banking Committees, and she is a founding member of the Military Family Caucus. She cosponsored the Protecting Servicemembers from Mortgage Abuses Act to protect military families from wrongful foreclosures.
Hagan hails from a strong military family—her father-in-law was a two-star Marine General; her brother and father served in the Navy; her husband, Chip, is a Vietnam veteran who used the GI Bill to help pay for law school; and she has two nephews who have served in Iraq and Afghanistan.

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