Political Quotes

Nydia M. Velazquez: “For members of the subcommittee of Congress to be here doing the job for a financial institution is completely wrong.…”

On the recordJuly 7, 2004
For members of the subcommittee of Congress to be here doing the job for a financial institution is completely wrong. This amendment will address a Hispanic woman who goes shopping around to make a loan and is being denied a loan by commercial banks. Unless we have a loan guarantee, and my colleagues know that we hear time and time again about minority businesses, women-owned businesses who are denied loans through traditional financial institutions, this amendment helps those people who are trying to set up their businesses or expand their businesses.
Said by
Nydia M. Velazquez
New York

Editor's note · Context

Discussing an amendment to support minority and women-owned businesses in accessing loans.

Share

More from Nydia M. Velazquez

Jan 20, 2026

I commend Ms. Scholten and Mr. Downing for their dedication to our Nation's innovative small enterprises, and I urge my colleagues to support H.R. 5784.

govinfo.gov
Feb 24, 2025

I appreciate the work of my colleagues on this bill, and I urge its adoption. I yield back the balance of my time.

govinfo.gov
Feb 24, 2025

I urge my colleagues to vote ``yes'' on H.R. 832, and I yield back the balance of my time.

govinfo.gov
May 19, 2026

Finally, let me say that this bill is a much-needed first step. It is not the entire answer. We must all recognize that we still need substantial monetary investments in housing programs to ensure effective development and reconstruction…

govinfo.gov

Other voices in this conversation