Spencer Bachus: “The program also can deny legitimate merchants access to financial networks they need to survive.”

Those left on the short end can often be the people who have the greatest difficulty in getting any credit at all.

I would simply recognize Mr. Petri's and Ms. Tsongas' contributions in helping Mr. Kilmer with this amendment--and there may be others. I want to express to the full committee chair our appreciation for supporting this amendment, and I…

In a perfect world, there will be no payday lenders.

If you are imposing costs on the system, you should have to internalize them.