04/21/2015
https://congress.gov...
"I still believe that in this particular situation, a TRIA bill is necessary."
"But the pricing is what concerns me, because right now, we have a government backstop and my history in government backstops, as you look at the National Flood Insurance Program, and as you look at ci..."
"Most likely, it will go offshore. Most likely, it will go on the Internet. You are not going to eliminate the demand just because you eliminate the supply."
"But you would also agree though that there is a market out there for payday loans that is not being met by traditional bank or lending institutions."