U.S. House of Representatives (1987–1999)
Raymond Flynn in the 1980s
Elections In 1986, incumbent Democrat and
Speaker of the House Tip O'Neill, who had held the seat for
Massachusetts' 8th congressional district (a Democratic stronghold in Boston and
Cambridge, Massachusetts) since 1953, announced his retirement. Kennedy decided to run for the seat, which his uncle, former president
John F. Kennedy, had held from 1947 to 1953. The Democratic nomination was contested by a number of well-known Democrats including state senator
George Bachrach and state representative
Mel King. However, Kennedy garnered
endorsements from
The Boston Globe and the retiring O'Neill. Kennedy won the primary with 53%. He won the general election with 72% of the vote. He won re-election in 1988 (80%), 1990 (72%), 1992 (83%), 1994 (99%), and 1996 (84%).
Tenure Kennedy's legislative efforts in the U.S. House of Representatives included • Expanding the availability of credit to working Americans to buy homes and to open businesses. • Requiring public disclosure of bank-lending practices in poorer neighborhoods and disclosure of bank home-
mortgage approvals and refusals by race, sex, and income. Subsequent
Federal Reserve Board studies based on these newly required disclosures found widespread evidence of
discriminatory-loan practices. One study found that white borrowers in the lowest-income category were approved for mortgages more than African American borrowers in the highest-income category. Data from
Boston,
Chicago, and
Minneapolis found that African Americans were turned down at three times the rate of whites. • Helping create hundreds of thousands of new
affordable-housing units nationwide by introducing
tax credits to stimulate private
investment in neighborhood
housing developments after federal housing assistance had been cut by 75 percent during the 1980s. • Chairing the House Banking subcommittee on consumer credit and insurance and holding the first
U.S. congressional hearings to expose the lack of access to insurance in low-income neighborhoods. • Proposing a
balanced-budget amendment to the
U.S. Constitution as a vehicle to end skyrocketing
deficits, reduce
interest rates, and free up
investment capital for business growth rather than
government bonds while fighting to end corporate tax breaks and subsidies. • Overhauling federal
public-housing law for the first time in almost 60 years, giving local
housing authorities the ability to raise standards while protecting those who depend on public housing for shelter. • Co-chairing the U.S. congressional biotechnology caucus and proposing to preserve and expand federal research and development accounts that stimulate the creation of new technologies and build the foundation for new jobs and business growth. • Proposing the "Mom and Pop Protection Act" to help
corner-store owners to install safety equipment and a "National Stalker Reduction Act" to require all states to enact comprehensive anti-stalking legislation, track
stalkers, and establish a national
domestic-violence database to track violations of
civil-protection orders. • Protecting kids from alcohol by proposing to limit television advertising of beer and wine between 7 a.m. and 10 p.m. and to keep outdoor alcohol advertisements away from schools. • Launching a bipartisan initiative in Massachusetts to fight child hunger that helped lead to an expansion of school breakfast and lunch programs. In 1988, Kennedy traveled to
Northern Ireland. During his stay, the
Democratic Unionist Party called him a "
republican parrot". where he played an active role in the federal
saving-and-loan bailout, credit-reporting reform, the overhaul of the
Glass–Steagall Act of 1933 and financial modernization. Kennedy also served on the
House Veterans' Affairs Committee, passing legislation to strengthen the
veterans' health-care system, to investigate the causes of
Gulf War syndrome, and to provide medical treatment for veterans of the
Persian Gulf War. ==Citizens Energy (since 1999)==