Financial Services & Economy
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WASHINGTON – Today, Congresswoman Ayanna Pressley (MA-07) and House Ways and Means Chairman Richard E. Neal (MA-02) wrote to the Treasury Department expressing their deep concerns over racial disparities in the administration of the tax code as well as in the implementation of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
WASHINGTON – In a House Financial Services Committee hearing yesterday, Congresswoman Ayanna Pressley (MA-07) discussed the unprecedented financial cliff facing millions of renters and homeowners, the economic consequences of millions losing their homes, including the ability to return to work, and why funding for legal representation is so critical.
A full transcript of her remarks and exchange with witnesses is available below.
WASHINGTON – Today, in an op-ed published on CNBC.com, Congresswoman Ayanna Pressley (MA-07) and Author and UCLA Historian David Stein called on the Federal Reserve to take specific steps to address Black unemployment, which has historically exceeded the overall unemployment rate in America.
In their op-ed, Rep. Pressley and Dr. Stein call on the Fed to take three specific actions to address these inequities:
WASHINGTON – This week, Congresswoman Ayanna Pressley (MA-07) and five other progressive members of the House of Representatives sent a letter to U.S. House Speaker Nancy Pelosi and Minority Leader Kevin McCarthy, and U.S. Senate Majority Leader Mitch McConnell and Minority Leader Schumer, urging them to include a public banking option for state and local governments in the next COVID-19 relief bill.
WASHINGTON — Today, Congresswomen Ayanna Pressley (MA-07) and Haley Stevens (MI-11) led a group of 17 freshman Members of Congress calling on Speaker of the House Nancy Pelosi to expand paid family and medical leave as Senate negotiations begin on the next emergency relief package.
WASHINGTON – Today, Congresswoman Ayanna Pressley (MA-07) and Congressman Gregory W. Meeks (NY-05) introduced legislation which protects stimulus checks from garnishment and fees. The Protect our Checks Act of 2020 ensures that stimulus payments authorized by Congress in the CARES Act, in response to the devastating economic impact of the COVID-19 pandemic, cannot be garnished to settle debts or other payments.
WASHINGTON – Today, Congresswomen Ayanna Pressley (MA-07), Alma S. Adams, Ph.D. (NC-12), and Ilhan Omar (MN-05), and 28 additional Members of Congress sent a letter to House Speaker Nancy Pelosi and House Minority Leader Kevin McCarthy today calling for the universal, one-time, student loan debt cancellation of at least $30,000 per borrower in the next round of COVID-19 relief legislation.