Political Quotes

Bob Menendez: I think the way you have to deal with negative equity is by doing principal reductions.

On the recordSeptember 19, 2011
I think the way you have to deal with negative equity is by doing principal reductions.
Said by
Bob Menendez
Democratic · New Jersey

Editor's note · Context

Menendez emphasizes the importance of principal reductions to address negative equity.

Share

More from Bob Menendez

Jun 26, 2024

The ability for drone operators to conduct beyond visual line of sight (BVLOS) operations holds promise in addressing critical challenges, such as reducing traffic congestion and lowering carbon emissions.

congress.gov
Apr 1, 2025

In recent weeks, the Trump administration and House Republicans have set their sights on the Federal judiciary, calling for unprecedented changes to our courts, attacking the character of dedicated Federal judges, and attempting to…

govinfo.gov
Apr 17, 2024

We do not have any free trade agreements being promoted in the region. We have a behemoth of an economic challenge with China in this region.

congress.gov
Sep 23, 2024

From your perspective, how has Boeing historically and more recently handled the tension between prioritizing safety while also being a moneymaking enterprise?

congress.gov

Other voices in this conversation