Political Quotes

“This is the final amendment to the bill. It will not kill the bill or send it back to committee. If adopted, the bill will immediately proceed to final passage, as amended. My motion to recommit is just a commonsense measure that I believe everybody in this House can support because it would prevent the bad actors from being able to use the exemptions in the underlying bill to dodge the consumer protections that are found in both the Truth in Lending Act and the Real Estate Settlement Procedures Act. My motion says if a lender has committed or engaged in an unfair, deceptive, or abusive act or practice under Federal law in connection with any transaction with a consumer for a financial product or service, or if they have been convicted of fraud under Federal or State law in connection with a residential mortgage loan, they cannot avail themselves of the bill's decreased requirements. As you know, Mr. Speaker, I represent the heart of the Las Vegas valley. More than 43 million visitors come to my district every year from all around the world to enjoy our first class resorts, hotels, entertainment, and the natural beauty around us. It is also, though, home to over 2 million people. Less than a decade ago, southern Nevada, unfortunately, had the additional distinction of being at the epicenter of the foreclosure crisis that was caused by the Great Recession.…”