I want to turn to your experience. The caution I would have is against trying to use the challenges of banks in rural America as a wedge to restore the New York Wall Street casino operations that brought down America.
Jeff Merkley
The Public Record
Jeff Alan Merkley is an American politician serving as the junior United States senator from Oregon since January 6, 2009. A member of the Democratic Party, Merkley has focused on issues such as healthcare, climate change, and economic inequality throughout his tenure. He has been an advocate for progressive policies and has worked to address the challenges facing working families in Oregon and across the nation. Merkley is known for his commitment to transparency and accountability in government, often speaking out against perceived injustices and advocating for reforms.
The other thing that I found interesting was that the loan rates, the expansion in loans has been increasing at twice the rate for small banks as for big banks.
There remains strong bipartisan support for reforming the activities of Wall Street.
If you were to follow the contract and ask for the full rent and your tenants would not then would not be able to pay it, then there is just no good answer. An eviction results in homelessness.
Much credit is owed to Ranking Member Merkley for his leadership on the Rural Energy Savings Program Act (RESPA)
This is rural affordable housing across America. We are talking about 260,000 units, 14,000 projects, which got shortchanged.
So be specific. Are we going to backfill the missing payments from fiscal year 2015, the August and September payments that we failed to pay?
Okay. Because otherwise, you have all these owners who we made a contract with, we left them hanging. That can bankrupt a company very, very, very quickly.
We are encouraged that the Senate mark on this year's appropriation bill provides funding for that RESPA program.
I am so glad you are here. Because of this hearing, we learned for the first time today that the language that we worked out with bipartisan staff involved, with Rural Development involved, signing off on the language, that they have some…
Much credit is owed to this subcommittee, particularly Ranking Member Merkley, for his leadership to enact the Rural Energy Savings Program Act.
Are you planning to fill in the shortfall in 2015? Or are we going to leave these owners across America just hanging out there suffering this loss?
Rural Development is sustaining America's longstanding commitment to ensure adequate and affordable electric service.
If they're facing a situation where they are supposed to take a family who can pay very little rent, but then the U.S. Government is going to fail at the end of the year to complete their contracts, that is unacceptable, isn't it?
USDA Rural Development provides a remarkable set of opportunities to improve the quality of life in rural America.
You have been an advocate for cost-savings through energy efficiency both for small businesses and consumers that RESPA is targeted toward.
Okay, so let's take that for a moment. Thank you very much for coming out to Oregon to visit a self-help housing program.
Shifting topics completely in the last 30 seconds here, e-cigarettes, we have seen a tremendous growth.
Thank you very much, Mr. Chairman. And thank you, Dr. Collins, and your team, for the vision.
It seems like nation after nation is saying that yes, as part of the global community, we have to take on a significant role in global stewardship.





