David Scott actually said...

"We have been working in this committee for many years against predatory lending, but what we have found out is that we need to do a rifle approach to solving this problem and not a scatter gun that co..."

"We have not had a new African-American bank in a quarter of a century--who are very concerned about this rate cap."

"However, this whole issue is sort of bringing us into the new frontier for our entire financial services industry."

"According to the most recent statistics, there are 58 million unbanked and underbanked folks out there."