Political Quotes

“I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 40, line 8, after the second dollar figure insert ``(decreased by $10,000,000)''. Page 40, after line 8, insert the following: SEC. 9. REPORT ON PAYDAY LOAN AND CAR-TITLE LOAN INVESTIGATIONS AND ENFORCEMENT ACTIONS. Section 1016 of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5496) is amended by adding at the end the following: ``(d) Report on Payday Loan and Car-title Loan Investigations and Enforcement Actions.--The Director shall issue a quarterly report to Congress containing-- ``(1) the number of investigations opened and closed by the Bureau relating to payday loans and car-title loans; ``(2) the number of enforcement actions that have been taken or referred relating to payday loans and car-title loans; ``(3) an estimate of the amount of fees customers have paid relating to payday loans and car-title loans; ``(4) an estimate of the number of times in the previous 12 months a typical payday loan customer has rolled over their loan; and ``(5) an estimate of how many car-title loan customers lost their car in the previous 12 months.''. Page 40, line 9, strike ``sec. 9'' and insert ``sec. 10''. The Acting CHAIR. Pursuant to House Resolution 389, the gentlewoman from Michigan (Ms. Tlaib) and a Member opposed each will control 5 minutes. The Chair recognizes the gentlewoman from Michigan.”