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Ruben Gallego: “A lot of Latino business owners, the first time they take…”

Featuring: Ruben Gallego, Democratic | U.S. Senate, Arizona

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Latino Families Are Struggling to Get Ahead

Published | Video Starts at 04:44

And if you don't have a house, you can't start the real generational wealth track that you get on. You can't borrow to start your business because as we know, A lot of Latino business owners, the first time they take out that loan is usually a home equity loan to start that business. There's no home equity loan if you got no home. Right. Wages are stagnant, prices are high, you know, food is through the roof. (04:44–04:51)

CLAIM

Asserts that many Latino business owners use home equity loans to start businesses.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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