Economy
Congressman Gonzalez is a voice for American consumers and an advocate for fiscally responsible policies that encourage economic growth and job creation in South Texas. He supports updating our nation's tax regime so that all Americans benefit from the nation's tax system equitably. He also supports reducing barriers for folks entering and moving up in the workforce, such as lowering the cost of education and increasing access to childcare.
As a member of the powerful House Committee on Financial Services, Congressman Gonzalez seeks to enact policies that protect seniors and service members from financial exploitation and balance the needs of taxpayers, businesses, and regional and community financial institutions.
Congressman Gonzalez is also a member of the Blue Dog Coalition, a group of centrist Democrats committed to pursuing fiscally responsible policies, ensuring a strong national defense, and transcending party lines to get things done for the American people.
A staunch supporter of pragmatism and mutual respect, Congressman Gonzalez is a member of the Problem Solvers Caucus. The caucus consists of Democrats and Republicans who pursue common sense, bipartisan economic policies working together for the common good of the United States of America.
More on Economy
WASHINGTON – Congressman Vicente Gonzalez (TX-15) successfully ushered H.R. 3701, the Strengthening Fraud Protection Provisions for SEC Enforcement Act of 2019, through the House Financial Services Committee on Tuesday. This legislation aims to strengthen the ability to prevent fraud and punish bad actors.
WASHINGTON –Today, Congressman Vicente Gonzalez (TX-15) issued a statement in response to federal financial agencies excluding independent and community banks from the Volcker rule:
WASHINGTON – Following the introduction of H.R. 3182, a bill to delay the FASB implementation of the CECL methodology, Congressman Vicente Gonzalez issued the following statement:
"Our financial system craves certainty. It is important that our rules and laws are not constructed in a vacuum or merely react to the changing climate. I am pleased that as a result of our efforts the FASB has begun to change their tune. From small banks to large investment firms, we need to take the adequate time to reassess how this methodology will impact our financial institutions."
Today, Congressman Vicente Gonzalez (TX-15) introduced H.R. 3182, a bipartisan bill to delay the implementation of CECL while cost-benefit studies are done to explain the impact on certain kinds of business. Congressmen David Scott (GA-13), Brad Sherman (CA-30), Josh Gottheimer (NJ-05), Henry Cuellar (TX-28), Blaine Luetkemeyer (MO-03), Barry Loudermilk (GA-11), Roger Williams (TX-25), Ted Budd (NC-13) and French Hill (AR-02) make up the bipartisan team of original co-sponsors.
WASHINGTON – Congressmen Vicente Gonzalez (TX-15) and Filemon Vela (TX-34) have sent a letter to Chairwoman Lucille Roybal-Allard and Ranking Member Chuck Fleischmann of the House Appropriations Committee to request additional language in the Fiscal Year (FY) 2020 U.S. Department of Homeland Security (DHS) Appropriations bill. This language would make local governments, non-profits, and other entities in the Rio Grande Valley eligible to apply for reimbursements in the form of a grant for the housing and care of family units released into the community.
WASHINGTON – Congressman Vicente Gonzalez (TX-15) is encouraging eligible applicants to apply for funding through the U.S. Department of Agriculture's (USDA) Rural Business Development Grants program to help implement training and technical service initiatives that improve transportation facilities and services in rural communities.
WASHINGTON – Congressman Vicente Gonzalez (TX-15) is encouraging eligible applicants in the 15th District of Texas to apply for available preparedness grant programs through the U.S. Department of Homeland Security (DHS). The Department recently released the Fiscal Year (FY) 2019 Notices of Funding Opportunity for eight DHS programs that total more than $1.7 billion.
WASHINGTON – Congressmen Vicente Gonzalez (TX-15), Henry Cuellar (TX-28), and Filemon Vela (TX-34) today issued the following statements in response to the Administration's border policies that have inhibited cross-border trade and travel in South Texas. On Wednesday, the congressmen spoke with incoming U.S. Customs and Border Protection (CBP) Deputy Commissioner Robert Perez about staffing levels at Ports of Entry (POEs) and the reassignment of 750 CBP officers.
WASHINGTON – Congressmen Vicente Gonzalez (TX-15), Don Young (AK-At Large), Paul Cook (CA-08) and Congresswoman Tulsi Gabbard (HI-02) have together introduced the bipartisan Veterans Member Business Loan Act that would exclude veterans' loans from the statutory credit union member business loan cap. The bill would also amend the Federal Credit Union Act to exclude extensions of credit made to veterans from the definition of a member business loan, thus increasing veterans' access to loans for small business purposes from a credit union.
WASHINGTON – Congressman Vicente Gonzalez (TX-15) today issued the following statement in response to reports that international bridges in the Rio Grande Valley are facing extensive delays due to the reassignment of U.S. Customs and Border Protection (CBP) personnel and the President's recent threat to close the border.
"U.S. Customs and Border Protection personnel already face challenges in how quickly it processes trade on a day-to-day basis across multiple international bridges in the Rio Grande Valley and along the U.S. Southwest Border.