Political Quotes

Bob Menendez Jr.: So it just seems to me that when we go down the list of questions of what the average consumer might find themselves in…

On the recordJuly 13, 2009
So it just seems to me that when we go down the list of questions of what the average consumer might find themselves in, we see the incentives, for example, in the mortgage crisis for lenders to move people into products that, at the end of the day, may be very beneficial to them but not very beneficial to the consumer.
Said by
Bob Menendez Jr.
Democratic · New Jersey

Editor's note · Context

Menendez highlights the conflict of interest in mortgage lending practices.

Share

More from Bob Menendez Jr.

May 8, 2025

Throughout every step of this visit, ICE attempted to intimidate everyone involved and impede our ability to conduct oversight.

cnn.com
Apr 29, 2024

We have to be a good partner here at the Federal level to ensure that we provide those resources to get those EV charging stations and infrastructure into all types of communities.

congress.gov
Apr 9, 2024

Capacity building, economic resilience, are paramount to that.

congress.gov
Apr 16, 2024

I applaud NJ Transit for ensuring that our constituents remain connected to essential resources and preventing gaps in service.

congress.gov

Other voices in this conversation