Political Quotes

Get that Farm Workforce Modernization Act passed.

I do think, given the volatility we have seen in the market, given what feels like a more frequent period of shocks to the system, right, whether it was COVID 2 years ago and now the Ukraine crisis, that the collateral movement and the size of the CCPs and the volatility that we are seeing, it is extremely important to consider this proposal and this idea of having Fed accounts for CCPs.

I'm concerned that under Section 22006 of the Inflation Reduction Act, borrowers who were more than 60 days late on their loan payments had their loans paid off, while others who made sacrifices to stay current on their payments got nothing.

I do fear that if we all of a sudden are regulating it, then the average investor feels like there is more security and stability in the value of it, and I think that is a dangerous thing for the investors.