Financial Services
The great recession of 2008 led to an unprecedented foreclosure crisis that was precipitated in large part due to unfair, under-regulated, and predatory mortgage lending practices.
Chicago, like so many areas across the US, was devastated by the crisis: millions of families lost their savings and their homes.
As a member of the House Financial Services Committee, I am committed to ensuring that working families get a fair shake, that we expand opportunities to build and access credit, and that the policy missteps that led to the Great Recession of 2008 are never repeated.
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WASHINGTON, D.C. –– Congressman Jesús “Chuy” García (IL-04) took to the floor of the U.S. House of Representatives to speak out against Trump’s proposed double tax on remittances that would destabilize immigrant families and economies here and abroad.
WASHINGTON, D.C. – Today, Congressman Jesús "Chuy" García, a member of the House Judiciary Committee, delivered a powerful statement and line of questioning at a hearing of the Subcommittee on the Administrative State, Regulatory Reform, and Antitrust. Congressman García’s remarks focused on the alarming ways in which Donald Trump and Elon Musk are exploiting AI to target Americans and their deliberate dismantling of essential AI safeguards.
Join Congressman Jesús "Chuy" García for a Virtual Town Hall where the Congressman will provide a congressional update and discuss the recent executive orders by the Trump administration.
Wednesday, February 19, 2025
from 6:00 to 7:00 pm CST (7:00 to 8:00 pm EST)
WASHINGTON, D.C. — Congressman Jesús “Chuy” García (IL-04) released the following statement after voting for H.R. 10545, the American Relief Act, a continuing resolution (CR) that extends government funding, passes critical disaster assistance, and reauthorizes farm and nutrition programs:
WASHINGTON, DC — Reps. Jesús “Chuy” García (IL-04) and Joyce Beatty (OH-03), Ranking Member of the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led 11 Members of Congress in a letter urging Treasury Secretary Janet Yellen to use the United States’ voice and vote at the International Monetary Fund (IMF) to push for the elimination of harmful IMF surcharges that burden debt-stricken countries.
WASHINGTON, D.C - Rep. Jesús “Chuy” García (IL-04) and Rep. Becca Balint (VT-AL) introduced thePreventing Algorithmic Facilitation of Rental Housing Cartels Act, legislation to prohibit digital price fixing by landlords. In the midst of an urgent housing supply and affordability crisis, many housing providers are using algorithms to collude to further increase rents for working families.
WASHINGTON, DC — Yesterday, Representatives Jesús “Chuy'' García (IL-04), Joyce Beatty (OH-03), Ranking Member of the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, and seven other members introduced the Stop Onerous Surcharges (S.O.S.) Act to direct U.S.
WASHINGTON, DC —Congressman Jesús “Chuy” García (IL-04) issued the following statement after President Biden’s State of the Union address: