Rep. Alexandria Ocasio-Cortez, D-N.Y., speaks with reporters, Thursday, June 17, 2021, as she arrives on Capitol Hill in Washington.

AOC accused some of her colleagues of opining on her public banking bill without even reading it.
“If I made comments that very publicly demonstrated that I didn’t read the legislation I was discussing, I’d be embarrassed.”
She accused a conservative expert of mischaracterizing the Public Banking Act as a “government takeover.”

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Rep. Alexandria Ocasio-Cortez accused some of her colleagues on the House Financial Services Committee of failing to read her public banking legislation during a hearing on the issue on Wednesday.

“When I first got to Congress, I thought, man, people definitely study what they’re talking about here,” she said. “Then I got here and realized that people don’t even – a lot of my colleagues don’t even read the bills that they are commenting on.”

She claimed that some critics of her Public Banking Act, which she introduced with Democratic Rep. Rashida Tlaib last fall, were “making lots of statements that have nothing to do with the legislation” during Wednesday’s hearing. It’s unclear which lawmakers or experts she was referring to.

“Frankly, you know, if I made comments that very publicly demonstrated that I didn’t read the legislation I was discussing, I’d be embarrassed, but that is an aside,” she said.

A video clip of her comments was viewed 1.7 million times on Twitter as of Thursday afternoon.

The New York Democrat went on to make a case for her bill, which would support the creation of public banks to be used by state and local governments, businesses, and individuals. Ocasio-Cortez, Tlaib, and other advocates of public banking argue that it would offer services to low-income and marginalized communities that …read more

Source:: Business Insider

      

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