Jack Reed actually said...

When I was a kid in Rhode Island, they did not call that 'payday lending.' They called it 'loan sharking.'

Reed highlights the predatory nature of payday lending and its impact on vulnerable individuals.

05/25/2021

More Jack Reed Quotes

I think what my colleagues have said is that despite the first step by the Federal Reserve, we have to be very, very sensitive to the capaci...

Thank you, Mr. Chairman.

you have to move aggressively, clearly, and to start working.

there is an over-correction going on in the marketplace which argues very strenuously for decisive action, which I hope is forthcoming.