Gregory Meeks actually said...

"Discrimination in banking is a very real problem."

"It is unfathomable to me that the committee is not demanding that FASB explain why it is enacting an accounting standard disproportionately impacting low- and moderate-income consumers and minorities."

"I was, frankly, disappointed to read, once again, that the OCC is abandoning the interagency process."

"I also firmly believe that a significant component of the solution lies not in legislation but in a renewed and more urgent commitment by the regulators."