Biography

 

CONGRESSWOMAN CAROLYN B. MALONEY

"A tenacious, resilient legislator”  --Time Magazine  

"A tiger in the House on every dollar due New York”  --The Village Voice

"The best friend a credit card user ever had”  --Money Magazine  

 “No one has been a greater (anti-trafficking) champion than Carolyn Maloney, a Democratic Congresswoman from New York." -- Nicholas D. Kristof and Sheryl WuDunn, “Half the Sky” (Knopf, 2009)   

"While I am critical of Congress, kudos have to be given to Congresswoman Carolyn Maloney, Chair of the Joint Economic Committee, for her efforts..."  --Joseph E. Stiglitz, "Freefall" (Norton, 2009)  

"New York’s Congressional delegation stands out for their moxie, kind of the way New Yorkers themselves often do. Among the brashest members is Rep. Carolyn B. Maloney, a Democrat of Manhattan” --The New York Times

First elected to Congress in 1992, Carolyn B. Maloney is recognized as a national leader with extensive accomplishments on financial services, national security, the economy, and women’s issues. She is a senior member of the House Financial Services Committee (where she serves as Ranking Member of the Subcommittee on Capital Markets and GSEs) and the House Oversight and Government Reform Committee, and the Ranking House member of the Joint Economic Committee. In the House Democratic Caucus, she serves as a Regional Whip (she served as Vice-Chair of the House Democratic Steering and Policy Committee in the 112th Congress). Maloney has authored and passed more than 60 measures, either as stand-alone bills or as language incorporated into larger bills.

Her career has been a series of firsts. Maloney is the first woman to represent her Congressional District; the first woman to represent New York City’s 7th Councilmanic  district (where she was the first woman to give birth while in office); and was the first woman to Chair the Joint Economic Committee, a House and Senate panel that examines and addresses the nation’s most pressing economic issues. Only 18 women in history have chaired Congressional committees.

On the House Financial Services Committee, she has worked to modernize financial services laws and regulations, strengthen consumer protections, and institute more vigilant oversight of the safety and soundness of our nation’s banking industry. In the 113th Congress, she was selected by her Committee colleagues to be Ranking Member on the Subcommittee on Capital Markets and Government Sponsored Enterprises. She is also a member of the Subcommittee on Financial Institutions and Consumer Credit (which she chaired in the 109th and 110th Congresses, and where she served as Ranking Member in the 112th Congress), and the Subcommittee on Oversight and Investigations. 

Maloney served on the historic conference committee for the Dodd-Frank financial reforms, which also created the Consumer Financial Protection Bureau. Her Credit Cardholders’ Bill of Rights (the Credit CARD Act) was signed into law by President Obama in Spring of 2009 and has been found to have saved consumers $10 to 20 billion a year since it passed. As a senior member of the House Oversight and Government Reform Committee, Maloney legislation has helped government work more efficiently and has saved hundreds of millions in taxpayer dollars.  

As co-founder of the House 9/11 Commission Caucus, Maloney helped author and pass legislation to create the bipartisan 9/11 Commission chaired by former Governor Thomas H. Kean and former Representative Lee H. Hamilton. Following the Commission’s historic report, Maloney helped write the bill to implement all of the Commission’s recommendations for improving intelligence gathering—described as the most influential intelligence bill in decades.  Maloney also authored The James Zadroga 9/11 Health and Compensation Act, a bill to provide health care and compensation for 9/11 first responders, residents and workers near Ground Zero, that passed Congress in late 2010 and was signed into law by President Obama on January 2, 2011.

A champion for domestic and international women’s issues, Maloney helped pass legislation that targets the ‘demand’ side of sex trafficking; provides annual mammograms for women on Medicare; and the Debbie Smith Act which increases funding for law enforcement to process DNA rape kits, termed ‘the most important anti-rape legislation in history.’ Her legislation to create Women’s Health Offices in five Federal agencies was part of the landmark health care reform legislation signed by President Obama.

New York City has no stronger advocate in Congress than Maloney. She has delivered over $7 billion in federal aid to New York City just in the last ten years, including nearly $4 billion for two of the largest transit construction projects in the nation, the Second Avenue Subway and East Side Access project, both of which run through her district, and have helped create tens of thousands of jobs in New York. In May 2011, in part due to Maloney’s advocacy, over $300 million in federal grants were directed to high speed rail improvement projects in the Sunnyside Rail Yards in Queens, which will help remove a bottleneck toward high speed rail in the Northeast Corridor.  Additionally, $670 million in federal funds will be used to replace the Kosciuszko Bridge, one of the worst bridges in the nation.

Maloney has also worked to build affordable housing, relieve overcrowding of public schools and expand park space.  With her advocacy and substantial federal support, six senior housing developments have been built in her district, including Archbishop Iakovos Senior Residence, George T. Douris Tower, PCA Senior Residence, River View Gardens, Carnegie East House and the Vallone Family Senior Residence.  Maloney founded and co-chaired task forces that have led to the creation of new public schools, including the Eleanor Roosevelt High School and numerous elementary schools including PS 151, PS 281 and PS 527.  Maloney has also worked to preserve, improve or create new open space in her district.  She created a Task Force that led to repairs to fix the seawall along the East River near Astoria Park, scheduled to open this year.  She advocated for preserving the Sobriety Garden at Bellevue when the City proposed to turn it into a parking lot.  She began advocating for, and directed $400,000 in federal funding to create, a new park from 38th to 60th Streets along the East River.  Work on the first phase of the park is currently underway at the Con Ed pier and Asser Levy Place.  She advocated for and secured federal funding for the Four Freedoms Park on Roosevelt Island which opened in 2013.  Finally, she created and co-chairs a Task Force for the East River Esplanade which has already resulted in significant repairs to the deteriorating esplanade and a study documenting the need of additional investment to shore up the seawall.