Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 4573) to direct the Secretary of the Treasury to instruct the United States Executive Directors at the International Monetary Fund, the World Bank, the Inter-American…
Gregory Meeks
The Public Record
Gregory Weldon Meeks is an American politician serving as the U.S. Representative for New York's 5th congressional district since 1998. A member of the Democratic Party, Meeks has focused on issues such as economic development, education, and healthcare throughout his tenure. He has been an advocate for oversight and accountability in government, often speaking out on matters related to national security and foreign policy. Meeks has played a significant role in various legislative initiatives and has been involved in discussions regarding the War Powers and congressional oversight.
If this wasn't so serious, it would be laughable. Eight years they had a chance, the other side here, to get this economy right. Eight years. And they are the ones that drove it into the ground and dares criticize when someone is turning…
Some are concerned about--and I think that based upon the White Paper that the President has put out, that there is going to be tremendous responsibility that is going to cause a lot more work.
The problem comes in is where the responsibility leaves, and we get into areas of predatory loans.
Those kinds of loans can help individuals own a home, which I still believe is the greatest opportunity for wealth creation that we have.
But the problem is that it seems no one picked up. We are in this crisis now. There is enough blame to go around.
I just want to say how important--I just came back from Colombia, and I have seen communities there...
First of all, the United States has a veto. There's no major decision that the IMF can make without the United States' approval and agreement.
When we decide to walk away from our obligations under the pretext that the crisis is too severe to help others, we open the door for others to step in and fill the void we create.
I believe that beyond the altruistic reasons for assisting poor and emerging countries, we have strong business, economic, and geopolitical reasons to follow through on the commitments made by President Obama and the other leaders of the…





