At this point, I yield to the Senator from Arkansas, if he would like to conclude his remarks.
Dick Durbin
The Public Record
Richard Durbin, commonly known as Dick Durbin, is an American politician serving as the senior United States senator from Illinois since 2005. A member of the Democratic Party, he has held various leadership roles, including Senate Majority Whip. Durbin has been a prominent advocate for issues such as healthcare reform, immigration policy, and gun control. He has also played a significant role in negotiations on budget and appropriations matters in the Senate.
I would like to ask you at the same time to consider the situation in Belarus with Viktor Lukashenko, the last dictator in Europe, as well as the Syrian dictator, Bashar al-Assad.
It is the stated policy of the administration that principle reduction is one of the key elements in reducing foreclosures.
I ask people at the Federal agency, well, what do you think of this, that we have so much student debt out there owned by our Government, and so much it is not being paid, and defaults, and the like.
Mr. Secretary, in your Financial Crimes Enforcement Network (FinCEN), there has been a lot of work for a long time to upgrade the technology.
Reducing principle often makes sense for both the homeowner and the lender, not to mention the communities which are being littered with foreclosed and abandoned property.
I hope that this testimony today will start some people thinking about what this student loan debt is going to mean to us in the longer term.
I have heard him defend his position against principle reduction saying, that is not my job.
Let me add one other element I should have added, and the difference if we contrast mortgage loans and student loans.
There is another aspect of your agency. Most people might think about it instantly, the Office of Foreign Assets Control (OFAC), and it oversees economic sanctions against targeted foreign countries and regimes, terrorists, and other…
The healthcare reform law included a provision, which I authored, that authorizes the Centers for Disease Control and Prevention (CDC) to expand surveillance and track the epidemiology of CHD across the life-course, with an emphasis on…
we think there is a strong case in some circumstances to add principle reduction as part of their strategies to help maximize return to the taxpayer.
Do you need to be told by me or the Congress to close the carrot drawer and open the stick drawer?
Our economy, I am afraid, will not make a full recovery until we address the $700 billion worth of underwater mortgages held by more than 11 million homeowners.
Now what? Now that you know this has taken place, what can you do, what will you do to make certain that it is less likely in the future?
The prosecutorial misconduct that permeated the proceedings in this case were to a degree and extent that he had not seen in 25 years on the bench.
I held a hearing last week in the Judiciary Committee on an issue that most Americans are aware of, but not aware of the severity of the challenge we face. The issue relates to student loan debt. Last month the National Association of…
my colleagues Senator Boozman and Senator Coons and I are on the floor to speak to an issue relative to Africa. It is my understanding the majority leader is coming to the floor to make a unanimous consent request. With the understanding…
there is no question the Postal Service faces serious challenges, and it needs to work with Congress and the American people to address them. There are some who say that the Postal Service can cut its way out of its financial hole. The…
I ask unanimous consent we can resume the colloquy. The PRESIDING OFFICER. Without objection, it is so ordered.
I understand that S. 2237, introduced earlier today by Senator Reid of Nevada, is at the desk, and I ask for its first reading. The PRESIDING OFFICER. The clerk will report the bill by title. The legislative clerk read as follows: A bill…
we hope to begin consideration of the Repeal Big Oil Tax Subsidies Act during Tuesday's session. ____________________
I ask unanimous consent that when the Senate completes its business today, it adjourn until Tuesday, March 27, at 10 a.m.; that following the prayer and pledge, the Journal of proceedings be approved to date, the morning hour be deemed…
I ask unanimous consent that the Senate proceed to executive session to consider the following nominations: Calendar Nos. 615, 616, 617, 618, 619, 620, 621, 622, 623, 625, 626, 627, and 628, and all nominations placed on the Secretary's…





