[Congressional Record Volume 169, Number 99 (Wednesday, June 7, 2023)]
[Extensions of Remarks]
[Page E531]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




        CELEBRATING THE 50TH ANNIVERSARY OF WOODSTOCK INSTITUTE

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                     HON. JESUS G. ``CHUY'' GARCIA

                              of illinois

                    in the house of representatives

                        Wednesday, June 7, 2023

  Mr. GARCIA of Illinois. Mr. Speaker, I rise today to celebrate the 
50th Anniversary of Woodstock Institute. Woodstock Institute is a 
pioneering organization dedicated to promoting economic justice and 
racial equity within financial systems through comprehensive research 
and impactful advocacy efforts.
  Woodstock Institute was founded in 1973 by Sylvia Scheinfeld as a 
center of community in Woodstock, Illinois to fight against redlining 
in Chicago.
  Over the past five decades, Woodstock Institute has become a 
nationally-renowned, consequential organization leading the charge on 
fair and equitable access to credit, consumer financial protection and 
community economic development.
  Woodstock Institute has been a leader in closing the racial wealth 
gap for Latino and Black communities across Chicagoland and the United 
States. At a time when banks are failing, people face a rental crisis, 
and interest rates keep rising, Woodstock Institute's work is more 
necessary than ever. I'm glad to have partnered with Woodstock 
Institute at a Congressional level on issues like capping consumer 
loans and reining in predatory lending. Together, we have worked 
tirelessly to address the urgent need for stronger consumer protection 
measures and to create a more equitable financial system for all 
Americans.
  I am honored to commemorate Woodstock Institute on their 50th 
Anniversary. Here's to the next 50 years.

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