David Scott

Why would a company, any company, make the choice to give back money to their shareholders rather than making an investment in the future growth of the company?

What better place to put grant power and grant authority? You have the money and if you need more for this worthy cause.

We should mandate for all 50 States' school systems to teach our young people how to handle their money.

You cannot have consumer financial protection without consumer financial education.

63 percent of the consumers who were contacted in that survey said they were abused by debt collectors.

We are working on this committee, under the leadership of Chairwoman Waters, on the issue of privacy, and in trying to get a good bill before the CFPB.

The Department of Defense has actually done work to show how separations from the military due to financial distress are very costly, both to the taxpayers and to our national security.

Thank you very much, Chairman Lynch. And, Mr. Chairman, let me also commend you for the outstanding leadership that you are providing on FinTechs.

We are spending hours talking about servicers here instead of talking holistically about the root cause of the problem.

I think when we think about the taxpayers of America, we need to forget about the forgotten men and women who are actually being defrauded here, and it is the taxpayers.

Why did the cost of a college education explode over this period at a rate 8 times greater?

What has caused this? I think if you each could tell us quickly, if you could put your hand on one thing...

We just need to put out the damned fire.

It seems to me that we have a profound question here of, why?

Yes. Thank you, Mr. Chairman. Great panel.

So, you are saying that the machine has a more accurate ability to give a certain alternative data more weight over the other?

You said that credit is a critical choice. It is almost a life-and-death choice.

But these data points also must uphold the fair lending laws and standards that we have in place.

It literally broke my heart. And it broke the heart of a lot of folks in Georgia.

But the next step is we have to get the money appropriated to do it, and we need you all to let us know how much it is going to take so we can start selling it up here.

Our country wasn't founded on big cities. They were founded with people in small towns, and towns that grew into cities.

It is education. It is job training. It is healthcare. It is lifting up and making people not just want to live in rural areas, but will desire to live there.

We have to lift up our rural communities and give them a premier prime seat at the table as we divide and determine the amount of money that we need.

Our infrastructure is crumbling, we have to send this clarion callout that crumbling is not just taking place with bricks, with mortar, with just roads, highways, trains, all of that.

We are uniquely placed to do it, but we need you all to tell us as soon as possible how much money it is going to take.