Political Quotes

“Madam Speaker, I yield myself such time as I may consume. Madam Speaker, I rise in support, as well, of H.R. 1876, the Senior Security Act, and I want to thank my friends and colleagues, the gentleman from New Jersey (Mr. Gottheimer) and the gentleman from Indiana (Mr. Hollingsworth), for their collaboration and work on this important bipartisan legislation, all focused on protecting our seniors. Madam Speaker, America's capital markets are open. They are innovative, and they are essential for our families. That is how we live the American Dream. We can grow a nest egg that helps us for our retirement, helps put our kids or grandkids through college, or helps buy a home. But as Americans age, they become more critical to the success of those open, transparent, and vibrant capital markets because those Americans over 50, Madam Speaker, roughly, have 77 percent of the financial assets in our country. So when bad actors violate our laws and regulations, commit fraud, or exploit our senior Americans or their families, the integrity of those transparent and open markets and the opportunity of that American Dream are threatened. To that end, protecting senior investors and preventing such behavior within our financial system is a shared goal. H.R. 1876 protects senior investors and will help the SEC reduce increasing instances of financial exploitation. It will create an interdivisional task force at the SEC to examine and identify challenges facing senior investors.…”