"Today, Congresswoman Nydia M. Velázquez (D-NY) and Senator Tina Smith (D-MN) introduced the Survivor Financial Safety and Inclusion Working Group Act, a bill aimed at increasing support for survivors of intimate partner violence within the financial system.

The bill would create an interagency working group comprised of the federal financial regulators and relevant stakeholders, including a representative of historically underserved communities. The working group would be tasked with collecting data on the impacts of economic abuse of survivors carried out through regulated financial institutions. The working group would also provide recommendations on how Congress and federal regulators can help financial institutions improve existing products and services and launch new ones to meet survivors' financial and safety needs."