We designed the CFPB to be an independent organization, outside the influence of Congress and, most importantly, from the Executive Branch.
Nydia Velázquez
The Public Record
Nydia Velázquez is a U.S. Representative for New York's 7th congressional district, serving since 1993. A member of the Democratic Party, she is notable for being the first Puerto Rican woman elected to Congress. Throughout her tenure, Velázquez has focused on issues such as economic development, small business support, and immigration reform. She has been an advocate for transparency and accountability in federal agencies, particularly in relation to immigration enforcement practices.
Have you conducted official CFPB business from within the White House since you have been sworn in?
I ask unanimous consent that the Views and Estimates be considered as read and open for amendment in its entirety.
So part of the mission, for example, of the Women Business Centers is to expand into underserved communities.
If he did, he would understand that only a stable, inclusive, economic agenda will support an even economic expansion.
President Trump's policies are damaging our economy, and are challenging growth.
Entrepreneurship is the backbone of our nation's economy helping individuals pursue their dreams and become financially self-sufficient.
I am concerned about the economic impact that it could have on mortgages for a segment of our population who is already--who have been not participating in capital access, such as low-income borrowers or small businesses.
I do not believe there is a need for the Fed to further require capital and liquidity requirements.
This lack of an economic agenda that changes with the wind is presenting market volatility and incredible consumer and business uncertainty.
I would urge you and the Federal Reserve to work to tackle the scourge of economic inequality.
I believe many of the challenges you spoke about could also apply to urban centers, particularly those of color.
So, what is the maximum number of times a furnisher's data can be rejected by your company before you stop accepting information from them?
Concerns about credit reporting errors, stolen credit information and identity theft have caused consumers to purchase additional credit monitoring services.
So I want to bring that to your attention. And I hope that you all will work with me and many of my colleagues who will be in full support of saying we have to restrict the use of credit scoring as a basis or a circumstance for auto…
But can you answer me why such a big difference, between $5 and $25, do you understand what it means for low-income families, consumers, what does it represent, $25 a month?
Do you think developing products like this to help consumers guard against your own negligence and then turning around and selling them back to the consumer at an extraordinary markup allows you to profit in part from your own deficient…
They said just the pause button of 2 years did that of saying and reducing, again, the attractiveness of low-income housing.
There hasn't been this attractiveness to it because of this millionaire welfare plan.
When President Trump signed what I call the millionaire welfare bill, he weakened the low-income tax credits, which has been the primary tool in promoting affordable housing.
I am very pleased to be an original cosponsor of the chairlady's Ending Homelessness Act, which would provide over $13 billion in programs.
Please put an end to family separation. Please do whatever possible to bring healing to the families torn apart by this policy.





