Spencer Bachus: “We believe the Commission should first determine whether more reforms are needed...”

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.

The program also can deny legitimate merchants access to financial networks they need to survive.