Nydia M. Velázquez
Representative for New York · Democratic · United States
“Mr. Speaker, I rise in opposition to H.R. 6955. Community banks and credit unions are the foundations of our financial system. As ranking member of the House Small Business Committee, I understand better than most the role they play in our communities, offering small business loans, farm loans, and mortgages.”
House of Representatives21 July 2026Source ↗
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“Mr. Speaker, I rise in opposition to H.R. 6955. Community banks and credit unions are the foundations of our financial system. As ranking member of the House Small Business Committee, I understand better than most the role they play in our communities, offering small business loans, farm loans, and mortgages. They are critical lifelines to our rural and underserved communities that have been left behind by our biggest banks. While I believe in sensible tailoring to help community banks and credit unions do what they do best--deliver personalized products to meet the needs of their customers--this bill moves far beyond sensible tailoring. Instead of focusing on modest improvements, this package represents the largest amount of bank deregulation since before the financial crisis.”
House of Representatives21 July 2026Source ↗