In Hidalgo County, we are, again, 90-percent Hispanic, and we have a large population of automobile owners who come from Mexico and do not have insurance. Thus, it is not because we are Hispanic that we pay more.
De La Cruz explains that higher insurance costs are due to uninsured vehicles, not ethnicity.
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More from Monica De La Cruz
We have, on my side of the aisle, done a lot pushing back on the Basel III proposal that could negatively impact our farmers.
I really do feel that this is going to kind of shoot us in the leg right now as we are trying to deploy out more much needed resources, and supports to our farmers, ranchers, and producers.
I thank the gentleman for yielding. Mr. Speaker, we live in an increasingly interconnected world with new and emerging technologies changing how we conduct business with one another and exchange currency. Blockchain technology and digital…
Insurance and financial services is something near and dear to my heart, as I have spent over 20 years in this industry.
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