Political Quotes

Scott Garrett: the cost of litigation is strangling the market, and the availability of credit is thereby cut back on lending to…

On the recordJune 10, 2015
the cost of litigation is strangling the market, and the availability of credit is thereby cut back on lending to potential homeowners.
Said by
Scott Garrett
New Jersey

Editor's note · Context

Garrett criticizes HUD's Disparate Impact Rule for hindering access to housing.

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I am speaking on behalf of the American taxpayer, that we are concerned that where the taxpayer dollars could potentially be as we return to these very loose underwriting standards.

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Ex-Im has transformed the role of Government from a disinterested referee that guarantees a free and open marketplace into a biased actor that tilts the scales in favor of its friends and businesses.

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we created a new system, the CFPB, which is above the law.

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