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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

March 27, 2020 Press Release
Washington, DC – Rep. Nydia M. Velázquez (D-NY) released the following statement today regarding passage of the Coronavirus Aid, Relief, and Economic Security (CARE) Act:
 
“The legislation we passed today will offer an economic lifeline to millions of working families and small businesses in New York and throughout the nation. This bill is not perfect. However, with the economy in freefall and the pandemic paralyzing our nation, the American people need and deserve swift, meaningful action and this legislation delivers. 
 
March 24, 2020 Press Release

As the COVID19 epidemic continues, it is important that New Yorkers have access to reliable information.

Please utilize the following information to prepare yourselves and address any problems or pressing concerns you may have.

 * *IMPORTANT FOR SMALL BUSINESSES* *

If you are a small business owner who needs assistance during this outbreak I encourage you to take action immediately.

First, read this SBA fact sheet.

March 23, 2020 Press Release

Washington, DC – With thousands of Americans stranded abroad due to travel restrictions stemming from the coronavirus pandemic, Rep. Nydia M. Velázquez (D-NY) is looking to waive fees for travelers who require evacuation assistance from the U.S. Department of State.  The bipartisan bill is cosponsored by Rep. Chris Smith (R-NJ).

March 23, 2020 Press Release

Washington, DC – Rep. Nydia M. Velázquez (D-NY) has authored legislation that would temporarily suspend during the coronavirus emergency rent contributions owed by tenants living in public housing or those who receive Section 8 vouchers.  

March 19, 2020 Press Release

On March 18th, Congresswoman Nydia M. Velázquez hosted a telephone townhall with local, state and federal experts to answer questions from New Yorkers. 

Audio of that discussion is available by clicking here.  

 

 

March 4, 2020 Press Release
Bill Includes Small Business Loans Based on Velázquez Bill
 
February 11, 2020 Press Release
Washington, D.C. – Rep. Nydia M. Velázquez (D-NY) released the following statement regarding the President’s Fiscal Year 2021 Budget: 
 
“The President’s budget would dismantle our safety net, harm seniors, take food from hungry families, slash funding for infrastructure investment and housing and make it harder for young people to pursue education and job training. Budget’s reflect values and this one makes it crystal clear the President’s values are diametrically opposed to those of the American people. 
 
February 5, 2020 Press Release
Washington, D.C. –Rep. Nydia M. Velázquez (D-NY) released the following statement regarding the President’s State of the Union Address: 
 
December 17, 2019 Press Release

Washington, DC – Rep. Nydia M. Velázquez (D-NY) commented today on two pieces of appropriations legislation that were voted on in the House of Representatives:

“The domestic spending bill that the House approved today contained a number of Democratic priorities important to the working people of New York and to our nation overall. 

November 15, 2019 Press Release

Washington, DC –The U.S. House of Representatives has approved legislation authored by Rep. Nydia M. Velázquez (D-NY) that would help companies operating in Puerto Rico and the other U.S. territories to export their products abroad.  Velázquez’s legislation, the Office of Territorial Exporting Act, passed as part of H.R. 4863, House Democrats’ larger bill to reauthorize the Export-Import Bank.