Political Quotes

On the recordMay 7, 2010
I take the floor today to talk about an amendment which I have been working on with Senator Scott Brown of Massachusetts. I am very fortunate to have Senator Brown's help, insight, and advice because of his extensive experience not only as a public servant but as a member of the Massachusetts National Guard. As a lawyer, as a company commander, and as someone who has served in various capacities within the Guard, Scott Brown knows from firsthand experience that young troops particularly, men and women of our Armed Forces, can be exploited by unscrupulous business practices, and that it is essential when we create a Consumer Financial Protection Agency that there be a particular and explicit liaison for military issues. Many of these young men and women are not in their home towns. In the context of today's operations, they are returning from duty in Iraq or Afghanistan. They have not been spending a lot of money in Afghanistan because there is not a lot to buy, and they come home and they want to buy a new car or they want to do something, and they can be exploited. That exploitation is particularly hard to bear when it is at the expense of a young person who is risking their life in service to his country. Senator Brown and I are working on a joint amendment which would create an office of military liaison within the Consumer Financial Protection Bureau.
Said by
Jack Reed
Democratic · Rhode Island
Source
govinfo.gov
May 7, 2010

Editor's note · Context

The speaker discusses an amendment to protect military personnel from financial exploitation.

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