Bob Menendez
The Public Record
Robert Menendez is a prominent Democratic politician currently serving as a member of the United States Senate, representing New Jersey. He was first elected to the Senate in 2006 and has since been re-elected multiple times. Menendez has played a significant role in various policy areas, including foreign relations, immigration reform, and healthcare. He has served on several Senate committees, including the Senate Foreign Relations Committee, where he has been an advocate for human rights and democracy abroad.
I know that prices, home prices, are low, and interest rates are about as low as they get.
I want to address a very important issue that is currently before the Senate. This past Tuesday I submitted a bill to the Senate--the Combating Autism Reauthorization Act, S. 1094-- for a unanimous consent agreement. Since then, the…
I think it is one of the most innovative ways to try to get out of the negative equity problem.
What about the--I raised this with the previous panel--about the QRMs, the 20 percent? It seems to me we take out a huge class of individuals in the country who could be responsible borrowers and help us in this process.
It is important to note that 25 to 27 percent of all homeowners have little to no equity.
It is hard to be optimistic about economic growth if the housing market remains in its present status.
We need to fix the housing market to get the broader economy moving again to create jobs.
I would hope all of us are focused on that as the number one job before the country, getting people to work.





