Political Quotes

“I claim the time in opposition, and I am opposed to this en bloc. Mr. Speaker, there is no doubt that people are hurting. There is no doubt that many Americans continue to feel the weight of the pandemic in their daily lives. Yet Republicans know that preventing individuals and businesses from being paid for services rendered will not help those individuals and families who need it the most. This bill will not benefit consumers or businesses, particularly those small businesses that are the backbone of our economy. In fact, if enacted, this bill and the amendments will drive up the cost for all borrowers and will make credit less accessible to the borrowers who need it the most. Many of these amendments were not even considered during markup, and could result in unintended consequences and conflict with existing law and regulations. For example, this en bloc makes it harder to collect on payment for services. It creates more confusion. This en bloc requires duplicative actions and is in conflict with current CFPB rules. This results in consumers receiving varying and inconsistent information. It also imposes specific requirements on the process and content of legal actions--some in direct conflict with existing laws and court procedures. All of these have potential consequences and deserve to be debated through regular order, not in the 11th hour on the floor. Mr.…”