Legislation would create a commission to investigate origins of financial crisis

WASHINGTON, D.C. - Congresswoman Loretta Sanchez (CA-47) today voted to drastically toughen the enforcement and prosecution of mortgage and corporate fraud. The Fraud Enforcement and Recovery Act will provide critical resources to help law enforcement pursue and prosecute the type of fraud that led to the current financial crisis. The legislation will also establish a bipartisan commission to investigate the causes of the collapse of our financial system and the ensuing recession.

WASHINGTON, D.C. - Congresswoman Loretta Sanchez (CA-47) today announced that the $250 economic recovery payments for Social Security recipients, which were provided by the American Recovery and Reinvestment Act, will begin to go out on May 7.  In California, over 4.2 million adult Social Security beneficiaries are expected to receive a payment.

WASHINGTON, D.C. - Congresswoman Loretta Sanchez (CA-47) today released the following statement in honor of National Teacher Day. Celebrated on the Tuesday of the first full week of May, National Teacher Day honors the important contributions teachers make to communities across the country:

WASHINGTON, D.C. - Congresswoman Loretta Sanchez (CA-47) today issued the following statement regarding House passage of House Concurrent Resolution 111, recognizing the 61^st anniversary of the independence of the State of Israel. The Resolution commemorates the beginning of Jewish American Heritage Month, which celebrates the history and culture of the American Jewish community.

WASHINGTON, D.C. - Congresswoman Loretta Sanchez (CA-47) today released the following statement regarding her vote to support House Resolution 230, recognizing the historical significance of Cinco de Mayo. The annual May 5^th celebration marks the historic triumph of the Mexican people over the French Army in the battle of Puebla in 1862.

Starting today, post-9/11 veterans can sign-up for education benefits

WASHINGTON, D.C. - Congresswoman Loretta Sanchez (CA-47) today announced that the Department of Veterans Affairs is now accepting and processing applications for the Post-9/11 GI Bill. Last year, Congress enacted the new GI Bill for the 21^st Century (the "Post-9/11 GI Bill") to restore the promise of a full, four-year college education for Iraq and Afghanistan veterans. The measure takes effect on August 1^st, and starting today, veterans can begin to apply for a certificate of eligibility for the new college benefits at the VA website http://www.gibill.va.gov/.

Credit Cardholders' Bill of Rights would put an end to unfair practices that hurt consumers, drive up debt

WASHINGTON, D.C. - Congresswoman Loretta Sanchez (CA-47) today issued the following statement in support of the H.R. 5244, the Credit Cardholders' Bill of Rights, which passed the House of Representatives by a bipartisan vote of 357-70 Thursday afternoon: