Washington, D.C. –Congressman Scott Rigell (R-VA), Congresswoman Carolyn Maloney (D-NY) and Congresswoman Marcia L. Fudge (D-OH) introduced H.R. 5165, the Advancing Girls in STEM Act. This important bipartisan legislation would increase exposure and awareness of Science, Technology, Engineering, and Math (STEM) fields for elementary and middle school girls. Currently, 74 percent of all workers in STEM fields are male. Through a competitive grant program, this bill will encourage young girls to pursue an advanced education and career in STEM fields, while helping to address our nation’s STEM workforce inequities.
Maloney, New York small businesses: local jobs will be lost if Congress lets Export Import Bank charter expire
NEW YORK — The Export Import Bank helps businesses large and small finance the export of American made goods abroad, but the bank’s charter is set to expire at the end of September, fueling concern from New York’s business community and Congresswoman Carolyn B. Maloney (NY-12) that local jobs could be lost if it the charter is not extended.
WASHINGTON – Congresswoman Carolyn B. Maloney (NY-12) today released the following statement on the labor agreement between the Metropolitan Transportation Authority and Long Island Rail Road Unions. “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.
WASHINGTON – Congresswoman Carolyn B. Maloney (D-NY), Ranking Member of the House Financial Services Subcommittee on Capital Markets and GSEs, today released the following statement applauding the Senate’s passage of a bipartisan bill to extend the Terrorism Risk Insurance Act. Maloney is the lead Democratic co-sponsor of the TRIA Reauthorization Act of 2013 (H.R. 508) to extend the Terrorism Risk Insurance Program for five years, through December 31, 2019.
WASHINGTON – The Ukrainian Congress Committee of America (UCCA) this week presented Congresswoman Carolyn B. Maloney (D-NY) with the Ukraine Democracy Award for her efforts in promoting a strong U.S. policy in support of Ukrainian independence during the seven-month-long crisis in Crimea.
Maloney: Appropriations bill deliberately underfunds financial services regulators, puts consumer protections at risk
WASHINGTON – Congresswoman Carolyn B. Maloney (D-NY) today released the following statement on the proposed 2015 Financial Services and General Government Appropriations Act (H.R. 5016). “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.
WASHINGTON – Congresswoman Carolyn B. Maloney (D-NY) today questioned Federal Reserve Chair Janet Yellen about what actions the Federal Reserve might take after the wind down of Quantitative Easing (QE3). For the first time, Yellen indicated that the Fed will not start raising the interest rate on excess reserves in the interim period between the end of QE3 and the first rate hikes in 2015. Yellen also indicated that the Fed would primarily use "forward guidance" as the main policy tool in the interim period between October 2014 and the first rate hikes in 2015.
Maloney statement in response to Gun Owners of America Executive Director Larry Pratt’s call for death threats against elected officials
WASHINGTON – Congresswoman Carolyn B. Maloney (D-NY) today released the following statement in response to Gun Owners of America Executive Director Larry Pratt’s praise for threats on her life and call for threats of armed violence against elected officials. Pratt’s statement was highlighted in a Rolling Stone Article published this week.
Fed confirms to Maloney that pending legislation would allow tailoring of capital standards for insurance companies
WASHINGTON – In a response to a question from Rep. Carolyn B. Maloney (D-NY) during a hearing of the House Financial Services Subcommittee on Oversight and Investigations, Federal Reserve General Counsel Scott Alvarez confirmed for the first time that the Insurance Capital Standards Clarification Act of 2014 (S. 2270) would allow the Federal Reserve to tailor capital standards for insurance companies. The Senate unanimously approved S. 2270 on June 3, 2014. Maloney is a cosponsor of the House companion, HR 4510.
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.”