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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CHICAGO– This week Congressmen Jesús “Chuy” García (IL-04) and Stephen F. Lynch (MA-08) authored an op-ed published by The Hill highlighting the urgent need to protect our economy from the harmful practices by the crypto industry.
WASHINGTON, DC — Congressman Jesús “Chuy” García (IL-04) issued the following statement after voting to approve the government funding package for Fiscal Year 2023.
WASHINGTON, DC — El congresista Jesús “Chuy” García (IL-04) emitió la siguiente declaración luego de votar para aprobar el paquete de financiamiento del gobierno para el año fiscal 2023.
WASHINGTON, DC— Hoy, los Congresistas Jesús “Chuy” García (IL-04) y Jan Schakowsky (IL-09), junto con sus colegas Ilhan Omar (MN-05), Mark Pocan (WI-02) y Raúl Grijalva (AZ-03), presentaron la Ley de Reparaciones de Instituciones Financieras Internacionales de Chixoy de 2022. Este proyecto de ley ayudaría a crear un mecanismo de recurso para las víctimas de violaciones de derechos humanos asociadas con proyectos respaldados por instituciones financieras internacionales (IFI), y ordena a los representantes de EE. UU.
WASHINGTON, DC —Today, Representatives Jesús “Chuy” García (IL-04) and Jan Schakowsky (IL-09), joined by their colleagues Ilhan Omar (MN-05), Mark Pocan (WI-02), and Raúl Grijalva (AZ-03), introduced the Chixoy International Financial Institution Reparations Act of 2022. This bill would help create a recourse mechanism for victims of human rights violations associated with projects supported by international financial institutions (IFIs). This bill directs U.S.
WASHINGTON, D.C. — Congressman Jesús "Chuy" García (IL-04) joined Congressional Progressive Caucus Chair Pramila Jayapal (WA-07) and 58 members of Congress in urging Congressional leadership not to include corporate tax breaks in any must-pass bill or tax extenders bill unless workers and families are provided with commensurate support and relief. That includes expanding the Child Tax Credit (CTC) and the Earned Income Tax Credit (EITC) as soon as possible.
WASHINGTON, D.C. – Congressman Jesús “Chuy'' García (IL-04), Congresswomen Jan Schakowsky (Il-09), Pramila Jayapal (WA-07), and Cori Bush (MO-01) led a letter today to the Federal Trade Commission and the Department of Justice urging the agencies to investigate potential anticompetitive and illegal practices by RealPage Inc., a multinational company that provides a proprietary rent-setting software for landlords and estate owners.
WASHINGTON, DC– Today, Representative Jesús "Chuy" García (IL-04), a member of the House Committee on Financial Services and the Congressional Labor Caucus, Representative Peter DeFazio (OR-04), and Representative Ro Khanna (CA-17), reintroduced the Reward Work Act to increase worker power and curb the ability of corporations to artificially increase their stock prices by buying back their own stock at the expense of workers, constituents, and the U.S. economy.
WASHINGTON, DC — Representative Jesús “Chuy” García (IL-04) issued the following statement after voting for the Senate Amendment to H.R. 5376, the final version of the Inflation Reduction Act:
WASHINGTON, DC — El Representante Jesús “Chuy” García (IL-04) emitió la siguiente declaración luego de votar por la Enmienda del Senado al proyecto de ley H.R. 5376, la versión final de la Ley de Reducción de la Inflación: