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Eliot Engel
@eliotengel· Democratic · NY· May 1, 2019

Mr. Chair, I yield myself such time as I may consume. When President Trump announced plans to withdraw the U.S. from the Paris climate agreement in 2017, hundreds of businesses from all over the country immediately responded that it was a…

Congressional Record · 2019-05-01
Nydia Velázquez
@nydiavelzquez· Democratic · NY· May 1, 2019

Representatives Velazquez and Bishop have filed a bill to strengthen the legislated disclosure requirements of third parties hired by the Board.

congress.gov
Nydia Velázquez
@nydiavelzquez· Democratic · NY· May 1, 2019

I was pleased to see that, yesterday, the Board filed lawsuits against 20 banks and law firms...

congress.gov
Nydia Velázquez
@nydiavelzquez· Democratic · NY· May 1, 2019

this feels like profiteering off of Puerto Rico's fiscal crisis.

congress.gov
Nydia Velázquez
@nydiavelzquez· Democratic · NY· May 1, 2019

when we passed PROMESA, it was never intended for the Board to implement harsh austerity measures on the island residents.

congress.gov
Nydia Velázquez
@nydiavelzquez· Democratic · NY· May 1, 2019

For me, I think fiscal accounting balance is not enough to drive the economy of the island.

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Nydia Velázquez
@nydiavelzquez· Democratic · NY· May 1, 2019

I am asking you if the optics look right to you, morally speaking, when so much is spent...

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Nydia Velázquez
@nydiavelzquez· Democratic · NY· May 1, 2019

So, if the debt issued is illegal, what should be the consequences?

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Nydia Velázquez
@nydiavelzquez· Democratic · NY· May 1, 2019

And do you support the Board taking action against government officials or advisors that recommended those from issuance?

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Nydia Velázquez
@nydiavelzquez· Democratic · NY· May 1, 2019

There is a perception of the island that we are taking austerity measures by the Board.

congress.gov
Nydia Velázquez
@nydiavelzquez· Democratic · NY· May 1, 2019

Is this setting a dangerous precedent for the rest of the debt?

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Nydia Velázquez
@nydiavelzquez· Democratic · NY· May 1, 2019

And when making these upward revisions to the economic projections, do you take into account the continued suffering of families that are losing their homes, increasing healthcare costs, or demand for nutrition assistance, especially for…

congress.gov
Nydia Velázquez
@nydiavelzquez· Democratic · NY· May 1, 2019

So, that means that 10 years from now, we are going to be here dealing with the same economic crisis?

congress.gov