Political Quotes

Melvin Watt: I was one of several people in the committee who actually voted against reporting this bill favorably to the floor; and…

On the recordMarch 14, 2001
I was one of several people in the committee who actually voted against reporting this bill favorably to the floor; and while I am not personally planning to ask for a vote on the floor if somebody else does not ask for it, if a vote is requested, I intend to vote against the bill again. I think what has been said up to this point is correct. This bill is better in a number of respects than it was when it was originally introduced, and I want to applaud the chairman of the full committee and others who have worked to improve the bill. I do believe, however, that the bill continues to have one blind spot in it, and the blind spot could have been addressed if the bill had received subcommittee attention or more thorough attention in the full committee; and I am hopeful that this blind spot will be addressed if this bill moves forward in the process, because I think it is a serious blind spot.
Said by
Melvin Watt
North Carolina

Editor's note · Context

Discussing concerns about a bill during committee proceedings.

Share

More from Melvin Watt

May 22, 2018

The real problem was that I think because there was this competition to make money for the private sector, there developed a race to the bottom.

congress.gov
Dec 12, 2013

This is definitely the last time I will be addressing this House. As my colleague, David Price, has indicated, I have been confirmed to a new position as regulator and director of the Federal Housing Finance Agency. I just wanted to take a…

govinfo.gov
Nov 12, 2013

As I have no further speakers, I urge my colleagues to support this bipartisan, commonsense bill, and I yield back the balance of my time.

govinfo.gov
May 22, 2018

unequivocally . . . it is the role of Congress, not FHFA, to make the decisions that chart the path out of conservatorship and to the future housing finance system.

congress.gov

Other voices in this conversation