Political Quotes

“Again, my opposition to the amendment has nothing to do with putting seniors in danger. In fact, that is why I supported a litany of bills and a package of bills that included the author's Senior Security Act this last April. The House is unified in supporting seniors. What we are not unified in is supporting bureaucracy. By the way, the aforementioned that I had talked about, the Office of the Investor Advocate, would you like to know where that came from? The Dodd-Frank Act. What this amendment is saying is the Dodd-Frank Act failed in protecting seniors. The Dodd-Frank Act must have failed in protecting investors because we now need to have a specific, senior-worded sort of category that needs to be looked out after. The law is supposed to be blind, whether you are young, old, middle income, rich, poor, whatever it is. That protection also goes there. My opposition, again, is not about who has been affected but what is going to slow down that protection that those people deserve. Reasonable cost equals access. If we continue to increase costs, it limits the ability for people to access that protection, that advice. That is why I rise in opposition to my friend's amendment. Mr. Chair, I yield back the balance of my time. The CHAIR. The question is on the amendment offered by the gentleman from New Jersey (Mr. Gottheimer). The question was taken; and the Chair announced that the ayes appeared to have it.”