This #VeteransDay, we honor the millions of veterans and their families who have sacrificed so much in service to our country. Today, I’m proud to highlight some of the veterans who are enriching our Orange County community.
I hope you’ll join me in thanking our veterans. 🧵⬇️
Our district is home to nearly 30,000 veterans, including Martha—who served in the U.S. Marines Corps for seven years and the Reserves for five. She was the first woman to complete the Marine Corps Security Forces School, and she now works with college students in our area.
Our office has been proud to partner with Bobby, who served in the U.S. Navy during the Vietnam War. A tireless advocate for veterans and small business owners, Bobby is now President and Executive Director of the Black Chamber of Commerce of Orange County.
It has been a pleasure to work with Tom, who spent the first 10 years of his military career in the Navy before transferring to the Air Force. He now flies commercial planes and is based out of LAX.
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In March, Congress gave billions in COVID relief to the @federalreserve to help struggling businesses. The Fed pledged these taxpayer dollars would *not* bail out Wall Street banks. They went back on their word—to the tune of 2 billion dollars. So I'm calling them out. (THREAD)
The Fed explicitly stated that COVID relief funds would not help “insured depository institutions”—aka banks. That makes sense, since many of those banks have had record profits during the coronavirus pandemic. And we just bailed them out in 2008-2009. (2/5)
Yet, the Fed used COVID relief funding to purchase $1.3 billion of Exchange-Traded Funds (ETFs). ETFs are baskets of stocks, similar to mutual funds, and they contain billions of Wall Street's debt. (3/5)
I'm not afraid to stand up to corporate interests, especially when the health of Orange County families is on the line. That's why I've taken the fight to Big Pharma to lower prescription drug prices—and I'm not backing down. 🧵👇
To me, hearings aren’t just a time to get information from witnesses, but also an opportunity to invite the American people into critical conversations happening in the halls of Congress. For many, the skyrocketing costs of prescription drugs is a matter of life and death. (2/8)
During a hearing last Wednesday, I called out a Big Pharma CEO for taking home a *half a million dollar bonus* just for tripling the price of a lifesaving cancer drug. In 2017, that same CEO made $13,000,000—or 200x more than the average American. (3/8)
Some of you may have heard that the President signed an Executive Order yesterday to “protect people with pre-existing conditions.” As a mom, I’m pretty good at sniffing out little white lies, and this set my parent spidey senses off. (1/7)
I asked myself, why would the President need to protect people with pre-existing conditions when the ACA already does that? Maybe it’s because he’s trying to tear the law apart in court, which would put millions of Americans at risk of losing their coverage in a pandemic. (2/7)
This Executive Order—which carries zero legal weight—is nothing more than a press release to distract from the Administration trying to rip up the ACA. Don’t take my word for it, see this explanation from health and legal expert @nicholas_bagley.
Our transportation system is outdated and contributes to the climate crisis.
I was proud to join House colleagues in passing the Moving Forward Act, which includes four proposals I worked on to keep Orange County families safe.
Vehicle safety features are designed for the body type of the average male, which can lead to devastating consequences for women involved in car crashes.
My amendment requires that we develop stronger standards and designs that would better protect women on the road. (2/4)
I'm also committed to keeping our kids safe. That's why I authored amendments with @RepCardenas and @RepJahanaHayes to study the impact of idling buses and cars in school zones and with @CongressmanRaja to strengthen requirements for booster seat testing and safety. (3/4)
The Government Accountability Office, a non-partisan watchdog, just released a bombshell report on the Paycheck Protection Program (link here for oversight nerds like me). There’s a lot to unpack, but I want to share a few takeaways I’m thinking about:
PPP is a 650,000,000,000 taxpayer funded program that gives grants to companies who keep their workers on payroll during #COVID19. It needs to work. The money has to go to the people who need it. But @SBAgov has essentially no plans to review 99% of PPP loans. (2/4)
According to the report, small businesses that didn’t need the money returned at least 3,800 loans. How are you going to know if the other 4,576,388 loans are legitimate? Any answers, @stevenmnuchin1 or @SBAJovita? (3/4)
Along with my staff, I make calls to constituents to personally respond to their contacting my office. So many people are reaching out, and I wanted to hear their stories and offer help. Here are my key takeaways:
Thread ⬇️⬇️
2/X People are scared and are struggling to get accurate information. Many are asking for the first time in their lives for government assistance; they need support and encouragement. My office is ready to work with our community.
3/X Small businesses are struggling with lost income. Most are closed. I talked to a non-profit founder who received his EIDL money (economic injury disaster loan) through the SBA a week ago. Most businesses are waiting—and worried.