Political Quotes

On the recordFebruary 11, 2014
I thank the gentleman from Texas for yielding me the customary 30 minutes. I yield myself such time as I may consume. Madam Speaker, I rise in opposition to the rule and the underlying bill, H.R. 3193. This package of bills was brought under a restrictive process that prevented efforts by Members on both sides of the aisle to improve the legislation. H.R. 3193 would gut the Consumer Financial Protection Bureau. Now, a lot has been said by the gentleman from Texas that I believe has mischaracterized what the Consumer Financial Protection Bureau actually does. It in no way restricts our freedoms, Madam Speaker. In fact, banks aren't the only entities that have freedom. American consumers have freedom, too. American consumers want to be protected from predatory practices, Madam Speaker. How many of us have signed a credit card agreement with a font size that is too small to even read? We want to make sure that people aren't giving away their home and their livelihood when they enter into a credit card agreement, a simple loan, or other financial transactions. The American people want that certainty. When we are talking about making sure that markets operate well, that competition exists in the consumer financial marketplace, that people have different financial options that empower themselves, there needs to be a referee on the field.…
Said by
Jared Polis
Democratic · Colorado
Source
govinfo.gov
Feb 11, 2014

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