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Democratic Senators Release Statement on Market Structure Legislation

WASHINGTON – Today, Senators Ruben Gallego (D-AZ),  Mark Warner (D-VA), Kirsten Gillibrand (D-NY), Cory Booker (D-NJ), Catherine Cortez Masto (D-NV), Ben Ray Luján (D-NM), John Hickenlooper (D-CO), Raphael Warnock (D-GA), Adam Schiff (D-CA), Andy Kim (D-NJ), Lisa Blunt Rochester (D-DE),  and  Angela Alsobrooks (D-MD) released the following statement:   “Last week, we released a framework on market structure legislation, highlighting our desire to work on this issue. As we stated then, digital assets are a $4 trillion global market that will require a considered and bipartisan approach to regulation.   “We hope our Republican colleagues will agree to a bipartisan authorship process, as is the norm for legislation of

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Gallego, Young Introduce Bipartisan Bill to Help First-Time Homebuyers

WASHINGTON – Today, Senators Ruben Gallego (D-AZ) and Todd Young (R-IN) introduced the Uplifting First-Time Homebuyers Act to help more Americans buy their first home by increasing the Individual Retirement Account (IRA) tax exception withdrawal limit for first-time homebuyers. “Homeownership is the cornerstone of the American dream, and for good reason. Owning a home is a proven way to build generational wealth and retirement security. But too many young Americans feel like that dream is out of reach,” said Senator Gallego. “By updating the decades-old IRA homebuyer exception to reflect the reality of housing costs today, this bill helps make homeownership possible for the next generation.” “Homeownership is critical to strengthening families, building

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Gallego Backs Legislation to Save Social Security from Trump Cuts

WASHINGTON – Senator Ruben Gallego (D-AZ), backed the Keep Billionaires Out of Social Security Act. The legislation reverses the disastrous cuts the Trump administration has made to the Social Security Administration (SSA), prevents Social Security field offices from shutting down, makes it easier for seniors and people with disabilities to apply for the benefits they have earned over the phone, and provides the resources the SSA needs to approve earned benefits quickly. “The Trump administration has gutted the Social Security Administration, shut down field offices and jeopardized seniors’ access to their hard-earned benefits, a reality Americans should never have to face,” Senator Gallego said. “I am proud to

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