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November 23, 2008
{Congressman Gregory Meeks Statement on Financial Agreement between Treasury, Federal Reserve, FDIC and Citigroup }

(WASHINGTON, DC)–Congressman Gregory Meeks applauds the Department of Treasury, the Federal Reserve and the FDIC for taking the necessary steps to stabilize the economy and provide protection to U.S. taxpayers. Treasury, the Federal Reserve and the FDIC constructed an agreement with Citigroup to provide a package of guarantees, liquidity access and capital. “The success or failure of financial institutions like Citigroup has a direct impact on many American families who find themselves struggling in this economy,” said Congressman Meeks. » read more

November 21, 2008
Congressman Gregory Meeks Statement on Unemployment Legislation

(WASHINGTON, DC)–Congressman Gregory Meeks applauds the passage of H.R. 6867, which has passed in the House and Senate and was signed into law by the President. This legislation extends benefits to those who are unemployed by 13 weeks in states with an unemployment rate of at least 6 percent. » read more

November 18, 2008
Congressman Gregory Meeks on the House Financial Services Committe Hearing

(WASHINGTON, DC)–The CEOs of General Motors, Ford Motor and Chrysler LLC appeared before the House Financial Services Committee, seeking support from Congress for a $25 billion loan package.  The industry is asking for cash to tie them over through the current downturn and is offering the government an equity stake in the companies if they get the help. » read more

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