Political Quotes

“I appreciate the opportunity to come and to try to clarify some of the assertions and confused claims that have been thrown out here. My family has been involved in construction since the 1930s--the 1930s. I will never forget the day--it was a Thursday--when I pulled up right down the street from my home and I saw my cousin's business that they now own that my dad and uncle and grandfather had started. It is a ready-mix concrete company. Literally, all the guys' trucks were there, all their pickups. It is a small company. It is about 12 or 15 people that work there. Every single one of those cement trucks were parked in the yard, the exact place that they should not be. I found out later that we had trucks on the way to construction sites that were turned around and came back. That is seared into my memory. I have no interest in going back to where we had been. In fact, I was one of those warning about the practices before serving in this body. Frankly, if those who were serving in this body who wrote Dodd-Frank had actually talked to a few of the people involved in the industry, they might have understood what the interaction is between the buyer, the seller, the construction agent, the closer, the people that are providing title insurance. The simple fact is that there is not an understanding of how this system works. We may have a common goal of serving consumers.…”