Political Quotes

Melvin Watt: “I would just add to that, on the floor today time after time after time, I have said that the great, great, great…”

On the recordNovember 15, 2007
I would just add to that, on the floor today time after time after time, I have said that the great, great, great majority of the lenders are abiding by the rules. It's not those lenders who created this crisis. It is those people who are operating outside the rules, and that is what we are trying to put a construct around that is workable to protect those who abide by the rules of the road without shielding those who will abuse the process. This amendment would allow that to happen.
Said by
Melvin Watt
North Carolina

Editor's note · Context

Discussing the need for regulations to protect compliant lenders during a debate.

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