Political Quotes

Ron Wyden: Further, I would like to clarify to the Chairman in my request, I was seeking credit authority for a maximum loan of $35…

On the recordJuly 23, 1998
Further, I would like to clarify to the Chairman in my request, I was seeking credit authority for a maximum loan of $35 million. Is it the Chairman's understanding that if the Secretary of Commerce finds there is a potential default rate low enough for a loan of $35 million, that a loan of $35 million could be made?
Said by
Ron Wyden
Democratic · Oregon

Editor's note · Context

Discussing credit authority for a loan during a committee meeting.

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