Bob Menendez actually said...

"So we need to preserve the option of choice in how you pay for retail transactions."

"And how can Congress and regulators ensure that lenders choose a replacement reference rate that is fairest to the borrowers?"

"Well, 'more for longer' is not a phrase I like, Madam Chair. And, you know, 'less for less time' would be a lot better."

"the best way to protect student loan borrowers is to forgive student loan debt"