Political Quotes

“the American people criticize this body, Congress, for two things. They criticize us for passing laws and then exempting ourselves from them, and they should. They also criticize us for living above the law and ignoring those very laws that this body passes which do apply to us, but which we choose to ignore. Mr. Speaker, one of those laws which we passed and which most definitely applies to us and which we are ignoring is title V of FIRREA. FIRREA was passed by this body on August 9, 1989. That law, which this body passed, requires the Committee on Banking, Finance and Urban Affairs to hold semiannual oversight hearings into the operation of the RTC, right there on page 388. We are in violation of that law. We are presently ignoring that law. Mr. Speaker, on January 25, all 19 of my Republican colleagues on the Committee on Banking, Finance, and Urban Affairs wrote to the chairman of the committee, the gentleman from Texas [Mr. Gonzalez], asking him to hold these hearings as required by law.”