Political Quotes

“We are here to deal with two regulations, the first dealing with payment systems, and the second dealing with overdraft protection. In both cases, I came here for the entertainment value to watch Republican after Republican tell us how much the majority doesn't trust the Trump administration. It is as if Trump doesn't control the CFPB. Mr. Speaker, the regulation we are considering now is just a regulation that says that this is an area we are going to look at. Republicans are afraid the Trump administration will look at it. It doesn't do anything except begin a process. Mr. Speaker, as to both of these CRAs, the effect is not only to erase what was done under the Biden administration but prohibit the new administration from adopting any consumer protection. That is because my colleagues on the other side of the aisle want zero consumer protection and the Trump administration to have an excuse. The excuse is: Congress passed the CRA. We are prohibited from writing a regulation in that area. The Republican administration could rewrite these rules. Congress could overwrite these rules. Instead, we are erasing the rules and prohibiting other rules from being there. Mr. Speaker, I spent this morning being told that we need to have cryptocurrency because it is going to be this great payment system and, for some reason, the payment systems that use U.S. dollars aren't good.…”