Steve Stivers: “Yet here we are today, just a couple of months later, and some of my friends on the other side of the aisle are going to…”

“Yet here we are today, just a couple of months later, and some of my friends on the other side of the aisle are going to argue that we shouldn't institute that very same hold harmless period by passing this bill. As I said, I think they agree with it. There may be other things in the bill that we can talk about that they have a problem with, but we all need to pass this bill, because we have to have a hold harmless period to make sure that people that want to close and buy a house and people that want to provide them that service can do so as we implement this new regulation. Almost half the Democrats on the Financial Services panel agree that this hold harmless provision should be in place. The vote on the Financial Services Committee was 45-13. Mr. Speaker, just last week, the Financial Services Committee held a hearing entitled, ``The Semi-Annual Report of the Bureau of Consumer Financial Protection,'' at which Director Cordray testified and fielded several questions about these new rules. When asked by the gentleman from Kentucky (Mr.…”