My concern is that the ramifications are so crucial. And that is why I am so focused on making sure that there is a complete study beforehand.

I understand that switching to the CECL accounting method... will have significant real-world impacts on community banks, minority banks, and other providers of credit and banking services.

If these financial institutions curb lending and restrict credit, low-income individuals could see their cost of borrowing rise or could lose access to credit altogether.

Small community banks have been disappearing at an alarming rate since the financial crisis...

Public housing facilities--I am a child and a product of public housing--are crumbling in cities across the country.

The reality is, collectively, the United States spends about $900 billion a year on a social safety net.

It was not to stop an imminent Iranian attack against the United States.

As a nation, we are facing an array of serious housing issues. Homelessness is on the rise because of skyrocketing housing costs and underinvestment in anti-homelessness programs.

In spite of $900 billion spent every year, over 90 programs, you have people who fall through that safety net.

I have created a bill called the People CARE Act, which would make the program person-centered.

I do not believe in simple narratives around the issue of housing. There is no one-size-fits-all solution.

At its core, the CRA is a civil rights bill.