Spencer Bachus: “I think that the market needs to be regulated.”

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

My Democratic colleagues have said they want to wrap this up. So let me just simply say to you that this is having the effect of shutting down these companies, whether that was intended or not.

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

The intent of Operation Choke Point may have carried a purpose that we would all agree with, and that is to prevent financial fraud.