Gregory Meeks actually said...

"hatred is a threat to democracy."

"If CECL causes more small lenders to close their doors, the already growing problem of banking deserts and unbanked individuals will be exacerbated."

"I understand that switching to the CECL accounting method... will have significant real-world impacts on community banks, minority banks, and other providers of credit and banking services."

"If these financial institutions curb lending and restrict credit, low-income individuals could see their cost of borrowing rise or could lose access to credit altogether."