Political Quotes

Barney Frank: We have the Consumer Federation, the Center for Responsible Lending, the people who have distinguished themselves by…

On the recordJune 10, 2010
We have the Consumer Federation, the Center for Responsible Lending, the people who have distinguished themselves by being opposed to sub-prime lending when others in this Chamber didn't want any restriction, and the Realtors and the home builders, those who are in the business of providing housing, those who are advocates for consumers come together to say this goes too far and would go beyond what is needed for responsible lending.
Said by
Barney Frank
Democratic · Massachusetts
Source
govinfo.gov
Jun 10, 2010

Editor's note · Context

The speaker discusses opposition to excessive restrictions on lending practices.

Share

More from Barney Frank

Jan 9, 2024

Barney Frank said that he believed that it was a war on crypto that motivated this--not a systemic risk of crypto.

congress.gov
Sep 28, 2015

The Consumer Financial Protection Bureau may not exercise any rulemaking, supervisory, enforcement, or any other authority including any authority to order assessments over a motor vehicle dealer that is predominantly engaged in the sale…

congress.gov
Jul 11, 2016

This is not a bill to protect religious liberty in general. It singles out one particular religious tenet.

congress.gov
Feb 5, 2024

it was because they were banking crypto, not because they were insolvent.

congress.gov

Other voices in this conversation