On the recordJanuary 29, 2019
I thank the chairwoman, Maxine Waters, and the ranking member, Mr. McHenry, for this important resolution. Last week, Democrats stood united and ended the longest government shutdown in history. We should be clear: This shutdown was caused solely by President Trump's personal obsession with the border wall. Roughly 800,000 Federal workers were either furloughed or forced to work without pay. More than 1 million contractors were forced to miss multiple paychecks. Now, Donald Trump may not relate to this, but for these workers, this means bills piling up. It means choosing between putting gasoline in your car or groceries in your refrigerator. Throughout the shutdown, my office was in contact with several financial institutions and companies that were offering forbearance options, waiving late fees, and providing short-term, no-interest loans for affected workers. That is admirable, and I thank them. However, the media also reported on numerous workers who were forced to take out personal loans and cash advances on credit cards, or who even turned to predatory payday loans to make ends meet. For example, NBC News recently reported on one company offering personal installment loans that had seen an uptick in customers looking to use their products. It is perhaps no coincidence that this uptick coincided with a nearly 19 percent rise in the company's stock since the shutdown began. This is unconscionable.…





