Economic Inequality

Below are recent actions the Congresswoman has taken to combat income inequality.

More on Economic Inequality

May 11, 2021 Press Release

Washington, D.C. — The Treasury Department announced that The Bronx and Queens will soon received $275.47 million and $437.785 million, respectively, as part of the critical funding for states and localities that was passed by Congress in the American Rescue Plan Act of 2021. Representative Alexandria Ocasio-Cortez (NY-14) voted in support of the bill, which will also send $4 billion to New York City and $12 billion to the State.   

 

January 28, 2021 Press Release

With millions on the brink of eviction, Trump-era guidance is delaying critical aid to ERA applicants by requiring overly-burdensome documentation.

December 2, 2020 Press Release

WASHINGTON, D.C. - Today, in a Financial Services Committee hearing, Rep. Alexandria Ocasio-Cortez urged Treasury Secretary Steven Mnuchin to prevent a portion of the over $450 billion in federal relief loans that Congress already authorized as part of the CARES Act from returning to the Treasury.

October 30, 2020 Press Release

WASHINGTON, D.C.  - Today, Congresswomen Rashida Tlaib (MI-13) and Alexandria Ocasio-Cortez (NY-14) introduced the historic Public Banking Act, which allows for the creation of state and locally administered public banks by establishing the Public Bank Grant program administered by the Secretary of the Treasury and the Federal Reserve Board which would provide grants for the formation, chartering and capitalization of public banks. It also codifies that public banks may be members of the Federal Reserve.

September 27, 2020 Press Release

QUEENS, NY – U.S. Reps. Grace Meng (D-NY) and Alexandria Ocasio-Cortez (D-NY) announced today that they are working to assist Queens food assistance organizations that are experiencing sudden impacts in their funding. 

August 5, 2020 Press Release

WASHINGTON, D.C. - Today, Representatives Alexandria Ocasio-Cortez and Nydia Velázquez led a letter to the New York Attorney General requesting an investigation into possible Martin Act violations by several New York-based hedge funds. Recent filings in the PROMESA Title III litigation revealed that some hedge fund groups may have engaged in insider trading by artificially manipulating bond markets.