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
Source
govinfo.gov

Editor's note · Context

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

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