Latest News

New CFPB study proves need for Maloney’s Overdraft Protection Act

Jul 31, 2014 Press Release

WASHINGTON – Congresswoman Carolyn B. Maloney (D-NY) is calling for the House to consider legislation she introduced to end abusive overdraft fees after a new report from the Consumer Financial Protection Bureau found that, in lending terms, certain overdraft fees are tantamount to a 17,000 percent annual percentage rate (APR).

Issues:
Financial Services, Overdraft Protection Act

Bipartisan coalition of House members introduce Campus Accountability and Safety Act to combat sexual assault at colleges and universities

Jul 31, 2014 Press Release

WASHINGTON – A bipartisan coalition of 18 House members today introduced the House version of the Campus Accountability and Safety Act.

Issues:
Women's Issues

FOX 5 Covers Maloney's Call to Reauthorize Ex-Im Bank

Jul 21, 2014 Video

Maloney applauds MTA-LIRR labor agreement

Jul 21, 2014 Press Release
“I applaud the MTA and LIRR unions for working together to arrive at a final deal that settles a four-year-old contract dispute. When the congressional delegation met with MTA leaders last week, the message we sent was simple: go back to the bargaining table and do what is necessary to avoid a strike. With the support and urging of Governor Cuomo, that is what has occurred. “This is a victory for union members, commuters, businesses and taxpayers throughout New York. Any shutdown in LIRR services would have had a severe impact on our economy. We should all be glad that all parties were able to come together with a resolution that works.”
Issues:
Local Issues

Maloney: Appropriations bill deliberately underfunds financial services regulators, puts consumer protections at risk

Jul 16, 2014 Press Release
“If the American people want to know what’s wrong with Washington, this year’s Financial Services and General Government Appropriations Act would be exhibit A. Instead of trying to protect consumers and investors, the bill completely undermines those protections, and includes half a dozen irrelevant policy riders affecting everything from women’s health to DC’s marijuana laws. “This bill represents the latest Republican attempt to undermine the enforcement of Dodd-Frank and end protections for consumers. The bill denies the funding needed by the Securities and Exchange Commission to root out fraud and abuse. It also eliminates the independent funding stream for the Consumer Financial Protection Bureau, moving us one step closer to the Republican goal of eliminating one of the few advocates middle-class families can rely on when purchasing financial products..."
Issues:
Appropriations, Financial Services

Intimidation Halts Progress on Smart Gun Technology

Jul 15, 2014 Video

Issues:
Gun Safety

House approves Maloney bill to rename Grand Central Station Post Office after Vincent Sombrotto

Jul 15, 2014 Press Release
WASHINGTON – The House of Representatives today passed a bill (HR 2291) introduced by Congresswoman Carolyn B. Maloney (NY-12) to rename Grand Central Station Post Office, located at 450 Lexington Avenue in New York City, the “Vincent R. Sombrotto Post Office.”
Issues:
Local Issues

Maloney statement in response to construction accident at Asphalt Green

Jul 9, 2014 Press Release
NEW YORK – Congresswoman Carolyn B. Maloney (D-NY) today released the following statement in response to the construction accident at Asphalt Green “When it comes to construction, safety should be paramount. I am horrified to learn that a drill bit crashed through a fourth floor window at Asphalt Green showering at least one person with glass. I fully support the decision by the city to stop construction on the MTS project following today’s incident and it needs to stay shut down pending a full investigation and until safety at the work site can be examined and improved. The drill bit could just as easily have caused greater damage within the facility or flown onto an Asphalt Green field filled with children at play. This ill-conceived project should not be taking chances with our safety.”
Issues:
Marine Transfer Station

Rep. Maloney: CDC youth violence prevention report shows urgent need for federally-funded gun violence research

Jun 16, 2014 Press Release
WASHINGTON – Congresswoman Carolyn B. Maloney (D-NY) released the following statement in reaction to the Centers for Disease Control and Prevention’s report entitled “Preventing Youth Violence: Opportunities for Action.” “The CDC just released a report on youth violence. It found that the leading cause of death for young people in America is homicide, and over 80 percent of those homicides are committed with a firearm. The report also says that there is ‘insufficient evidence to determine’ the effectiveness of federal and state firearms laws in preventing this violence. Yet, we don’t have a CDC report on gun violence because for nearly two decades, an NRA-sponsored gag order has been imposed on the CDC, preventing all research into what laws could be enacted to stop this senseless bloodshed. That needs to end.
Issues:
Gun Safety

Maloney and Velázquez host Deputy Mayor Alicia Glen for housing discussion with NYC congressional delegation

Jun 12, 2014 Press Release

WASHINGTON – Rep. Carolyn B. Maloney (NY-12) today hosted New York City Deputy Mayor of Housing and Economic Development Alicia Glen to discuss New York City’s housing policy with the entire New York City Congressional Delegation. Glen presented the Mayor’s recently released report entitled “Housing New York: A Five-Borough, Ten-Year Plan.” Maloney is Ranking Member of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises (GSE), which has jurisdiction over Fannie Mae and Freddie Mac. Congresswoman Nydia Velázquez (NY-7) cohosted the meeting.

Issues:
Housing Finance Reform

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