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Congresswoman Nydia Velazquez

Representing the 7th District of New York

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Economy

Today, there is a shamefully large gap between the rich and the poor in America. Working families should not have to live in poverty in a country of our wealth. Congresswoman Velázquez is focused on fostering principled investments that will eliminate the technological divide that exists and improve the quality of life for everyone in our communities.

The Congresswoman strongly supports efforts to establish a living wage, strengthening one of America’s most important anti-poverty measures—the Earned Income Tax Credit—and providing workers with the leverage they need to negotiate fair wages, health insurance and safe workplace conditions. These programs will help to improve the lives of all laborers in the 7th District and their families.

The federal government must join together with local communities to reclaim and restore environmentally-damaged areas so that residents can enjoy the use of safe and vibrant locations throughout their communities. She recognizes that revitalizing our neighborhoods is a key component to improving the local economy, and is committed to making New York’s 7th Congressional District a better place for all its residents.

More on Economy

September 20, 2019 Press Release

Washington, DC – The House Financial Services Committee has passed legislation authored by Rep. Nydia M. Velázquez (D-NY) aimed at addressing growing income discrepancy between company CEOs, other senior staff and median-pay employees.  Velázquez’s bill, the Greater Accountability in Pay, H.R. 4242, would require public companies to disclose the pay raise percentage of its executives and median-pay employees, as well as compare each to the rate of inflation.

September 16, 2019 Press Release

Washington, DC – Rep. Nydia M. Velázquez (D-NY) has introduced H.R. 4299, the Data Preservation Act of 2019, which would promote the discovery and use of the Nation’s geoscience collections by reauthorizing the National Geological and Geophysical Data Preservation Program within the United States Geological Survey through 2024.

September 4, 2019 Press Release

Washington, DC – Rep. Nydia M. Velázquez (D-NY) released the following statement opposing the Trump Administration’s plan to take more than $402 million of Department of Defense money from Puerto Rico to help fund the building of a border wall with Mexico:

“It is tragically ironic that as we approach the two-year anniversary of Maria and our fellow citizens continue struggling to recover, the President of the United States is effectively pulling the rug out from under them to pay for an unpopular, hateful and ineffective border wall. 

July 25, 2019 Press Release

WASHINGTON, D.C. – Today, Congresswoman Nydia M. Velázquez (D-N.Y.), Senator Mazie K. Hirono (D-Hawaii), Senator Thom Tillis (R-N.C.), and Congressman Steve Stivers (R-Ohio) introduced bicameral, bipartisan legislation, the Inventor Diversity for Economic Advancement Act (“IDEA Act”) of 2019. The IDEA Act is designed to help close the gap faced by women, minorities, and others when it comes to procuring patent rights in the United States.

June 25, 2019 Press Release

Washington, D.C.­­ – Rep. Nydia M. Velázquez (D-NY) testified today before the House Judiciary Committee in support of her legislation, the Puerto Rico Recovery Accuracy in Disclosures Act, H.R. H.R. 683. 

Text of her testimony is below and video is online here

January 25, 2019 Press Release
Washington, DC – Rep. Nydia M. Velázquez (D-NY) released the following statement regarding news that a deal has been reached to end the government shutdown:
 
“I’m pleased the President and Congressional Republicans have come to their senses and, finally, agreed to put an end to the longest government shutdown in history. Unfortunately, this type of solution could and should have been reached weeks ago, avoiding hardship for 800,000 federal employees, thousands of subcontractors and countless other Americans. 
 
January 7, 2019 Press Release

Washington, DC – Rep. Nydia M. Velázquez (D-NY) marked the first day of the 116th Congress by introducing a range of bills meant to benefit New York’s working families, students, entrepreneurs, seniors and others.  

“With a new Democratic Majority comes renewed opportunity to advance policies that benefit New Yorkers and working people throughout the nation,” Velázquez said. “I look forward to working alongside my colleagues to advance these commonsense proposals in the new Congress.”  

December 19, 2018 Press Release

Washington, D.C. – Today, two members of the U.S. House of Representatives introduced legislation aimed at ending a predatory commercial lending practice that, according to media reports, has ballooned in recent years. Reps. Nydia M. Velázquez (D-NY) and Dr.

February 12, 2018 Press Release

Washington, DC –Rep. Nydia M. Velázquez (D-NY) commented today on the Trump Administration’s Fiscal Year 2019 Budget proposal:  

January 30, 2018 Press Release
Washington, D.C. – Rep. Nydia M. Velázquez (D-NY) released the following statement regarding President Trump’s State of the Union address: 
 
“After running a Presidential campaign fueled by some of this country’s ugliest, darkest sentiments, followed by a year in office spent trying to rip healthcare from millions of Americans and enact an enormous tax cut for the extremely wealthy at everyone else’s expense, it will take more than platitudes for Donald Trump to change the course of his presidency.