Political Quotes

“Mr. President, in recent days, since the Chamber opened debate on Chairman Dodd's financial reform bill, we have all heard a lot of talk about the irresponsible behavior on Wall Street. We have heard about the recklessness that cost this country trillions of dollars in lost savings, not to mention 8 million American jobs. We have heard about the consumers, especially minority populations and the elderly, who have suffered a great deal as a result of this economic crisis. I thank my colleagues on both sides of the aisle for joining in the debate about how to address these issues, and I am confident we can reach and find common ground. Just yesterday, I came to the floor to voice my strong support for the Consumer Financial Protection Bureau that would be created under Chairman Dodd's bill. I believe this bureau should be at the heart of any reform legislation--to end abusive practices, serve as an advocate for ordinary Americans, and make sure everybody can get a fair deal. It would even help to prevent a similar financial crisis from taking place in the future. But we need to make sure our bill is about more than prevention. We need to be proactive about finding solutions for millions of Americans--especially minority individuals--who are hurting right now. We need to start by expanding access to credit.…”