Carolyn Cheeks Kilpatrick: “it is a privilege to come today in strong support of H.R. 1151. One of the top largest banks is in my district. I…”

“it is a privilege to come today in strong support of H.R. 1151. One of the top largest banks is in my district. I support banks. But I also support credit unions and the 300,000 members in my district who are members of the credit union. I want to commend the gentleman from Iowa (Mr. Leach) and the gentleman from New York (Mr. LaFalce) and our ranking members. This is the way true legislation should pass and work in this Congress, in a bipartisan way, for the betterment of our American citizens. And this bill just does that. It is important that as we discuss this bill and as we vote affirmatively for it, that, remember, we are in a large financial market. The world is global. Credit unions account for 2 percent of the financial market, and banks and other securities take care of the rest of it. It is a good bill. H.R. 1151, as was mentioned, is pro-consumer, pro-competition, and I strongly support it.”