Spencer Bachus: “Congress must protect consumers from unfair and deceptive credit card practices.”

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

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.

Again, I thank the chairmen, the ranking members, and their staff for putting this together. The resolution process for financial institutions is one of the pieces of unfinished business from the 2008 financial crisis, and we will finish…

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