Financial Services & Economy
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WASHINGTON – Today, Congresswoman Ayanna Pressley (MA-07) issued the following statement on the House passage of compromise legislation to address the COVID-19 pandemic.
WASHINGTON – Today, Congresswoman Ayanna Pressley (MA-07) delivered remarks on the House floor in which she called for robust direct cash payments for the American people to be included as part of any COVID relief package.
A full transcript of her remarks, as delivered, is available below.
Representative Ayanna Pressley (D-MA) lent her voice to the chorus that’s urging the Biden administration to cancel student debt, stressing the impact on Black borrowers.
“Student loan cancellation is a matter of racial and economic justice across our country,” Pressley said during a virtual conference held by the Consumer Federation of America. “Black student borrowers are forced to borrow more than their white peers and are five times more likely to default on a student loan.”
WASHINGTON – Today, in a House of Financial Services Committee hearing, Congresswoman Ayanna Pressley (MA-07), pressed Federal Reserve Chairman Jerome Powell on the Fed’s failure to use every authority and tool at its disposal to support the economic well-being of workers and families amid the COVID-19 crisis.