While this hearing is about access to capital during the pandemic, this subcommittee must also focus on permanent regulatory reforms to lift and strengthen minority- and women-owned businesses beyond the pandemic.

It took an extraordinarily long time to even get the help down to our constituents.

We have this new and exciting technology to use to be able to sustain our American consumers.

I am concerned about our inability so far to be able to address what I think is a very pressing issue, and that is the lack of financial education, particularly for our younger generations.

This time, we did it a little quicker with this pandemic, but not quickly enough.

I think it has been a check box, and I think it has been verbally addressed, but it has never been actually addressed.

the pandemic has impacted the African-American community more so than ever before.

This problem didn't start yesterday, or last week, or last year. The problem has been existing in the Black and Brown communities for years.

We pushed very hard to get the $10 billion specifically to CDFIs. The reason for that is that they are right in the communities, they understand the businesses, and they are working with the smaller businesses.

It is time corporate America steps up to the plate and starts doing something.

Healthcare is an example. On the south and west sides of Chicago, Black folks die 10 to 15 years earlier than their white counterparts.

Placing these resources in the hands of capable and empowered nonprofits has the potential to address root causes of food insecurity.

We are encouraged to see Congressional leaders prioritizing this pressing issue.

The times we are living in are far from normal, leaving millions of Americans struggling.

Something is rotten in the cotton here. You all are not coming with the truth.

Thank you for holding a hearing on food insecurity in America.

As a nonprofit organization on the frontlines of this tremendous challenge.

It is important for you to really understand that you have a myriad of customers out there, one of whom is me.

For you not to respond to these consent orders is unacceptable, and I just want to urge you to do so.

Mr. President, we love you. We want you to do good. But you can't just throw all this money up to the banks and not do something about the struggling homeowners who were the victims.

I think there is a consensus that the short-term PELL ought to be available.

Chairman Powell, the Fed is the axle of our financial system. You are the most powerful regulator.

I want you to stand back up to Comptroller Otting on this business of him coming with this rulemaking change to the Community Reinvestment Act.

We have been working in this committee for many years against predatory lending, but what we have found out is that we need to do a rifle approach to solving this problem and not a scatter gun that could bring innocent bystanders in who…

We have not had a new African-American bank in a quarter of a century--who are very concerned about this rate cap.