Political Quotes

Melvin Watt: let me just say to the chairman of our Committee on Banking and Financial Services and for whom I have the utmost…

On the recordMay 6, 1997
let me just say to the chairman of our Committee on Banking and Financial Services and for whom I have the utmost respect that every single one of the programs that he described has compensation associated with it, every single one of them, National Service, AmeriCorps, the whole range of things that the gentleman has described. That is the first point I would make. The second point I would make is that there is not a President in this country for mandating bartering. If people choose to barter, if people choose to barter, that is a choice that they make, and let me say this last thing that I want to say in response, with the utmost respect and gentleness because I do not want it to be misunderstood, and I have the utmost respect for the gentleman.
Said by
Melvin Watt
North Carolina

Editor's note · Context

Discussing compensation in programs like National Service and AmeriCorps during a committee meeting.

Share

More from Melvin Watt

Sep 26, 2018

I would certainly emphasize that if anybody here has the notion that I believe that I am above the law, they should dissuade themselves of that notion.

congress.gov
Jan 26, 2015

Congress has given us this mandate: Do lending, back loans that are safe and sound, and provide liquidity in the market.

congress.gov
May 10, 2017

There is no rational reason, if you think about it, why a superior tax lien would be having an interest rate of 10, 11, 12 percent when a lien subordinate to it is going at 4 percent or 5 percent.

congress.gov
May 22, 2018

What was needed in this industry was somebody to make responsible decisions and not let access overburden safety and soundness.

congress.gov

Other voices in this conversation